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Settlement indicator

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Created by Shankar S on 2011-03-04 11:16:51 Back to Topics

Settlement indicator

Hi
 

In ISPG Ver 3 sec 7.2 SIS has introduced a new settlement method indicator ‘M’

Can we have some examples when this indicator will be used.

We have listed few examples. Need to confirm if our understanding is correct

If billing carrier is ACH member and the billed carrier is ACH member the settlement indicator will be ‘A’

If billing carrier is ACH member and the billed carrier is ICH member the settlement indicator will be ‘A’

If billing carrier is ICH member and the billed carrier is ACH member the settlement indicator will be ‘I’

If billing carrier is ICH member and the billed carrier is ICH member the settlement indicator will be ‘I’

If billing carrier is ICH member and the billed carrier is Non ICH/ACH member the settlement indicator will be ‘B’ and vice-versa

If billing carrier is ACH member and the billed carrier is Non ICH/ACH member the settlement indicator will be ‘B’ and vice-versa

ICH clearing house is billing ACH clearing house the settlement indicator will be ‘M’

ACH clearing house is billing ICH clearing house the settlement indicator will be ‘M’

Rgds

Shankar

 

 


Replied by Ashley H on 2011-03-15 17:30:12
Dear Shankar,
 
If the billing carrier is an ACH member and the billed carrier is also an ACH member then the settlement indicator will be ‘A’.

If the billing carrier is an ACH member and the billed carrier is an ICH member then the settlement indicator will always be ‘M’.

If the billing carrier is an ACH member and the billed carrier is an ACH member, but the billing carrier wants to apply IATA RAM billing rules for the Invoice,  then the settlement indicator will be ‘M’.
 
I hope this helps.
Best regards

From:
Posted: Tuesday, March 08, 2011 11:49 AM
Subject: Settlement indicator

Hi
 

In ISPG Ver 3 sec 7.2 SIS has introduced a new settlement method indicator ‘M’

Can we have some examples when this indicator will be used.

We have listed few examples. Need to confirm if our understanding is correct

If billing carrier is ACH member and the billed carrier is ACH member the settlement indicator will be ‘A’

If billing carrier is ACH member and the billed carrier is ICH member the settlement indicator will be ‘A’

If billing carrier is ICH member and the billed carrier is ACH member the settlement indicator will be ‘I’

If billing carrier is ICH member and the billed carrier is ICH member the settlement indicator will be ‘I’

If billing carrier is ICH member and the billed carrier is Non ICH/ACH member the settlement indicator will be ‘B’ and vice-versa

If billing carrier is ACH member and the billed carrier is Non ICH/ACH member the settlement indicator will be ‘B’ and vice-versa

ICH clearing house is billing ACH clearing house the settlement indicator will be ‘M’

ACH clearing house is billing ICH clearing house the settlement indicator will be ‘M’

Rgds

Shankar

 

 


Replied by Shankar S on 2011-03-30 02:40:01
Der Ashley
 
Thank you for your reply. It is clear.
 
Pls confirm following :
 
EK is an ICH member. If EK is billing AA who is an ACH member the settlement indicator will be 'I' and not 'M'. 
 
Rgds
 
Shankar

From:
Posted: Tuesday, March 15, 2011 5:30 PM
Subject: Settlement indicator

Dear Shankar,
 
If the billing carrier is an ACH member and the billed carrier is also an ACH member then the settlement indicator will be ‘A’.

If the billing carrier is an ACH member and the billed carrier is an ICH member then the settlement indicator will always be ‘M’.

If the billing carrier is an ACH member and the billed carrier is an ACH member, but the billing carrier wants to apply IATA RAM billing rules for the Invoice,  then the settlement indicator will be ‘M’.
 
I hope this helps.
Best regards

From:
Posted: Tuesday, March 08, 2011 11:49 AM
Subject: Settlement indicator

Hi
 

In ISPG Ver 3 sec 7.2 SIS has introduced a new settlement method indicator ‘M’

Can we have some examples when this indicator will be used.

We have listed few examples. Need to confirm if our understanding is correct

If billing carrier is ACH member and the billed carrier is ACH member the settlement indicator will be ‘A’

If billing carrier is ACH member and the billed carrier is ICH member the settlement indicator will be ‘A’

If billing carrier is ICH member and the billed carrier is ACH member the settlement indicator will be ‘I’

If billing carrier is ICH member and the billed carrier is ICH member the settlement indicator will be ‘I’

If billing carrier is ICH member and the billed carrier is Non ICH/ACH member the settlement indicator will be ‘B’ and vice-versa

If billing carrier is ACH member and the billed carrier is Non ICH/ACH member the settlement indicator will be ‘B’ and vice-versa

ICH clearing house is billing ACH clearing house the settlement indicator will be ‘M’

ACH clearing house is billing ICH clearing house the settlement indicator will be ‘M’

Rgds

Shankar

 

 


Replied by Ashley H on 2011-04-20 16:21:21
Dear Shankar,

Yes you are correct. In the case above, the SMI will be "I".

Kind regards


From:
Posted: Wednesday, March 30, 2011 2:40 AM
Subject: Settlement indicator

Der Ashley
 
Thank you for your reply. It is clear.
 
Pls confirm following :
 
EK is an ICH member. If EK is billing AA who is an ACH member the settlement indicator will be 'I' and not 'M'. 
 
Rgds
 
Shankar

From:
Posted: Tuesday, March 15, 2011 5:30 PM
Subject: Settlement indicator

Dear Shankar,
 
If the billing carrier is an ACH member and the billed carrier is also an ACH member then the settlement indicator will be ‘A’.

If the billing carrier is an ACH member and the billed carrier is an ICH member then the settlement indicator will always be ‘M’.

If the billing carrier is an ACH member and the billed carrier is an ACH member, but the billing carrier wants to apply IATA RAM billing rules for the Invoice,  then the settlement indicator will be ‘M’.
 
I hope this helps.
Best regards

From:
Posted: Tuesday, March 08, 2011 11:49 AM
Subject: Settlement indicator

Hi
 

In ISPG Ver 3 sec 7.2 SIS has introduced a new settlement method indicator ‘M’

Can we have some examples when this indicator will be used.

We have listed few examples. Need to confirm if our understanding is correct

If billing carrier is ACH member and the billed carrier is ACH member the settlement indicator will be ‘A’

If billing carrier is ACH member and the billed carrier is ICH member the settlement indicator will be ‘A’

If billing carrier is ICH member and the billed carrier is ACH member the settlement indicator will be ‘I’

If billing carrier is ICH member and the billed carrier is ICH member the settlement indicator will be ‘I’

If billing carrier is ICH member and the billed carrier is Non ICH/ACH member the settlement indicator will be ‘B’ and vice-versa

If billing carrier is ACH member and the billed carrier is Non ICH/ACH member the settlement indicator will be ‘B’ and vice-versa

ICH clearing house is billing ACH clearing house the settlement indicator will be ‘M’

ACH clearing house is billing ICH clearing house the settlement indicator will be ‘M’

Rgds

Shankar

 

 


 
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