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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: at the close of 2014, there were BSP operations in 181 countries and territories. The system currently serves 400 participating airlines with an on-time settlement rate of 99.98%. In 2014, IATA's BSP processed $255.7 billion.

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
  • Simplifies and reduces work through the use of electronic ticketing on behalf of all BSP Airlines
  • Agents’ sales are reported electronically

Savings

  • Less resources required for billing and collection
  • Electronic distribution of billing reports and generation of debit/credit memos (ADMs/ACMs) via BSPlink

Enhanced Control

  • Increased financial control thanks to centralization and grouping
  • 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  customer service for your region

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