Billing and Settlement Plan (BSP)

BSP is a system designed to facilitate and simplify the selling, reporting and remitting procedures of IATA Accredited Passenger Sales Agents, as well as improve financial control and cash flow for BSP Airlines.

A truly worldwide system facilitating the settlement operations for airlines and agents, BSP operates in some 160 countries and territories. Over 80% of worldwide airline revenues are ticketed via IATA travel agencies in the BSP system.

Benefits of a BSP

Simplification:

  • Agents issue one sales report and remit one amount to a central point
  • Airlines receive one settlement covering all agents
  • Neutral Standard Traffic Documents (STDs) replace dedicated airline ticket stocks
  • Agents’ sales are reported electronically.

Savings:

  • Less resources required for billing and collection
  • Reduced printing for both airlines and agents with the use of neutral STDs and standard administrative forms
  • Electronic distribution of billing reports, and generation of debit/credit memos (ADMs/ACMs) via BSPlink.

Enhanced Control:

  • Increased financial control thanks to centralisation and grouping
  • Storage, distribution, issuance and reporting of STDs under BSP control
  • Consolidated document flow, permitting accelerated quality controls
  • Overall process monitoring by a neutral body.

Participation in a BSP

Airlines:

Participation in a BSP is open to all airlines (IATA members and non-members) serving the country or area concerned. 

IATA Accredited Agents:

All IATA Accredited Agents in the BSP country of operation are automatically eligible for participation in a BSP. When a new BSP commences operations in a country, all Agents are notified by IATA and invited to participate.

General Sales Agents (GSAs) and Airport Handling Agents (AHA):

GSAs and AHAs may participate in a BSP (in the same way as Accredited Agents), on nomination by the airline they represent, and subject to the airline entering into a standard agreement.

To obtain the local participation criteria and conditions, please contact your representative in the respective BSP countries (list on the right).
BSP Countries