International Air Transport Association
Currency Matters - The industry currency services newsletter

- Aerocondor

- Aigle Azur

- Air New Zealand

- Air Tanzania

- China Eastern Airlines

- Condor Flugdiens GmbH

- Egyptair

- Rwandair Express

- SilkAir

- Tunisair

- XL Airways France

- BSP Botswana

- BSP Egypt

- CASS Kuwait

- CASS Hungary

- BSP Albania

- BSP Russia

- BSP Kazakhstan

- BSP Zambia

- BSP Zimbabwe

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Airport Cash Services

IATA is presently working towards the launch of a pilot for a proposed new industry service. Its aim is to assist airlines in standardising and centralising the collection of their cash proceeds at airport locations. Read More

2007 Industry Cash Management Services Annual General Meeting and Conference

Each year IATA's Industry Cash Management Services holds an Annual General Meeting (AGM) and Conference to bring together representatives from member and non-member airlines to discuss topical treasury issues specifically facing the airline industry. Read More

ICCS Charges and Interest Quarterly Distribution

ICCS members earn credit interest on any funds that ICCS is holding for them during the clearance process. If ICCS receives funds after 12:00 GMT on the ICCS contract day (when ICCS takes out its currency contracts), the funds must wait to be paid until the next ICCS clearance cycle. Read More

Don’t Forget to Declare It!

Do not forget to inform your passengers that as of 15 June 2007, all travellers entering or leaving the EU with 10,000 Euros or more in cash must declare the amount to Customs to comply with Regulation (EC) No. 1889/2005 of the European Parliament and Council. Read more

Euro News

Cyprus and Malta: The exchange rates for the Cypriot Pound and Maltese Lira as of 1 January 2008 were fixed by the EU's finance ministers in their meeting on 10 July 2007. The rates were set at 0.585274 CYP per Euro and 0.4293 MLT per Euro.

New CASS-Airline Global Deals Leveraged by ICCS

Cargo Accounts Settlement System (CASS) and the IATA Currency Clearance Services (ICCS) have joined forces to boost airline participation in their systems. Read More

Currency Coordination corner

The first three months of the year were given over to the production and publication of the Remittances of Foreign Balances (RFB) survey, which was released to all contributors in March 2007. The second and third quarters of 2007 have seen significant lobbying efforts undertaken in several countries. Read More

Changes at IATA

This autumn, we've said goodbye to our Operations Manager and welcomed a new Director of Industry Payment Services. Read More

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