Skip to main content

Test Home
You & IATA

Search

You are here: Home » Services » Financial Services » Simplified Interline Settlement » SIS Forums
  • Print this page
  • Share this page

SIS guide Annex 1-2

This is a read-only copy of the discussions. To view the original, where you can reply, go here. For info on how to log in, please see the instructions.

Created by Irina C (Djnbassaero) on 2011-10-13 05:42:12 Back to Topics

SIS guide Annex 1-2

Hello, could you please advise more detailed about Annex2 -member bank details for bi-lateral use only to "sign up and certification guide".As we know,bilateral settlement invoices are billings that do not get settled in a clearing house.If our airline works with small quantity of companies directly, not via clearing house, we need to fill this Annex2?

and one question more about the second signatories in this annex2. could be this person also chief of account department? thank you.

Replied by Ashley H on 2011-10-13 16:35:22

Hi Irina,

 

As I had explained by email, if you work with airlines and do not settle these billings through the clearing house, then you would need to fill out Annex 2 in order for your payments to be bilaterally made, otherwise the invoices will not get settled.

 

As for the signatories on Annex 2, we require one signatory to be the Chief Financial Officer. We do not impose any requirements on the 2nd signatory, it is up to your internal company process/organisation to decide this.

 

Regards,

Ashley

 

From: CHABAN Irina
Posted At: Thursday, October 13, 2011 5:42 AM
Posted To: SIS Forums - Signing Up & Migration Steps
Conversation: SIS guide Annex 1-2
Subject: SIS guide Annex 1-2

 

Hello, could you please advise more detailed about Annex2 -member bank details for bi-lateral use only to "sign up and certification guide".As we know,bilateral settlement invoices are billings that do not get settled in a clearing house.If our airline works with small quantity of companies directly, not via clearing house, we need to fill this Annex2?

and one question more about the second signatories in this annex2. could be this person also chief of account department? thank you.

Replied by Irina C (Djnbassaero) on 2011-10-14 04:12:18
thank you


From:
Posted: Thursday, October 13, 2011 4:35 PM
Subject: SIS guide Annex 1-2

Hi Irina,

 

As I had explained by email, if you work with airlines and do not settle these billings through the clearing house, then you would need to fill out Annex 2 in order for your payments to be bilaterally made, otherwise the invoices will not get settled.

 

As for the signatories on Annex 2, we require one signatory to be the Chief Financial Officer. We do not impose any requirements on the 2nd signatory, it is up to your internal company process/organisation to decide this.

 

Regards,

Ashley

 

From: CHABAN Irina
Posted At: Thursday, October 13, 2011 5:42 AM
Posted To: SIS Forums - Signing Up & Migration Steps
Conversation: SIS guide Annex 1-2
Subject: SIS guide Annex 1-2

 

Hello, could you please advise more detailed about Annex2 -member bank details for bi-lateral use only to "sign up and certification guide".As we know,bilateral settlement invoices are billings that do not get settled in a clearing house.If our airline works with small quantity of companies directly, not via clearing house, we need to fill this Annex2?

and one question more about the second signatories in this annex2. could be this person also chief of account department? thank you.

Replied by Vera R (Jat Airways) on 2011-11-04 10:59:52
Hi Ashley,
 
We had similar question. We also have some bilateral settlements with some IATA non-CH companies. As far as I understand your correspondence with Irina, we do not have to fill Bank details form (Annex2). Then I do not understand what is situation, what is that "bilateral use" when carrier sam XX carrier has to fill this ANNEX2? Pls give us some example from airline bussiness, what could be that "bilateral use" case? Thanks, Vera


From:
Posted: Thursday, October 13, 2011 4:35 PM
Subject: SIS guide Annex 1-2

Hi Irina,

 

As I had explained by email, if you work with airlines and do not settle these billings through the clearing house, then you would need to fill out Annex 2 in order for your payments to be bilaterally made, otherwise the invoices will not get settled.

 

As for the signatories on Annex 2, we require one signatory to be the Chief Financial Officer. We do not impose any requirements on the 2nd signatory, it is up to your internal company process/organisation to decide this.

 

Regards,

Ashley

 

From: CHABAN Irina
Posted At: Thursday, October 13, 2011 5:42 AM
Posted To: SIS Forums - Signing Up & Migration Steps
Conversation: SIS guide Annex 1-2
Subject: SIS guide Annex 1-2

 

Hello, could you please advise more detailed about Annex2 -member bank details for bi-lateral use only to "sign up and certification guide".As we know,bilateral settlement invoices are billings that do not get settled in a clearing house.If our airline works with small quantity of companies directly, not via clearing house, we need to fill this Annex2?

and one question more about the second signatories in this annex2. could be this person also chief of account department? thank you.

Replied by Ashley H on 2011-11-07 11:36:55

Hi Vera,

 

As per my reply to Irina below, if you have bilateral settlements, then you would need to fill out Annex 2. This document also needs to be signed by the authorised signatories, as also explained below.

 

Regards,

Ashley

 

From: RADETA Vera
Posted At: November-04-11 11:00 AM
Posted To: SIS Forums - Signing Up & Migration Steps
Conversation: SIS guide Annex 1-2
Subject: SIS guide Annex 1-2

 

Hi Ashley,

 

We had similar question. We also have some bilateral settlements with some IATA non-CH companies. As far as I understand your correspondence with Irina, we do not have to fill Bank details form (Annex2). Then I do not understand what is situation, what is that "bilateral use" when carrier sam XX carrier has to fill this ANNEX2? Pls give us some example from airline bussiness, what could be that "bilateral use" case? Thanks, Vera


From:
Posted: Thursday, October 13, 2011 4:35 PM
Subject: SIS guide Annex 1-2

Hi Irina,

 

As I had explained by email, if you work with airlines and do not settle these billings through the clearing house, then you would need to fill out Annex 2 in order for your payments to be bilaterally made, otherwise the invoices will not get settled.

 

As for the signatories on Annex 2, we require one signatory to be the Chief Financial Officer. We do not impose any requirements on the 2nd signatory, it is up to your internal company process/organisation to decide this.

 

Regards,

Ashley

 

From: CHABAN Irina
Posted At: Thursday, October 13, 2011 5:42 AM
Posted To: SIS Forums - Signing Up & Migration Steps
Conversation: SIS guide Annex 1-2
Subject: SIS guide Annex 1-2

 

Hello, could you please advise more detailed about Annex2 -member bank details for bi-lateral use only to "sign up and certification guide".As we know,bilateral settlement invoices are billings that do not get settled in a clearing house.If our airline works with small quantity of companies directly, not via clearing house, we need to fill this Annex2?

and one question more about the second signatories in this annex2. could be this person also chief of account department? thank you.

 
ADVERTISEMENT


Additional information

© International Air Transport Association (IATA) 2014. All rights reserved.