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

Meaning of CUrrency of Listing

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 Shanti D (Air Canada) on 2011-04-22 02:40:22 Back to Topics

Meaning of CUrrency of Listing

Hi
 
Most of the amounts in SIS CGO records are in Currency of Listing.
Please explain the meaning of Curency of Listing with example.
 
Regards
Leena Kale
(Air Canada)
 
Replied by Ashley H on 2011-04-27 14:09:48
Dear Leena,
 
It is important to distinguish between two types of currency in IS:
- Currency of Listing is the local currency of the invoice
e.g. Indian carrier bills its partner in INR.

- Currency of Clearance is the currency that the invoice will be converted to according to the clearance zone
e.g. invoice in INR will be converted to USD
 
Hope this helps.

From:
Posted: Friday, April 22, 2011 2:40 AM
Subject: Meaning of CUrrency of Listing

Hi
 
Most of the amounts in SIS CGO records are in Currency of Listing.
Please explain the meaning of Curency of Listing with example.
 
Regards
Leena Kale
(Air Canada)
 
 
ADVERTISEMENT


Additional information

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