All agents that choose to participate in the BSP with a cash form of payment (i.e. ability to issue cash sales) will have a monetary limit to cash sales or ‘remittance holding capacity’. The applicable remittance holding capacity will be calculated based on the agent’s historical BSP cash turnover and remittance frequency.

When the remittance holding capacity is reached, BSP cash sales will be restricted. Agents will be notified when they reach a certain percentage of their capacity (50% and 75%), so as to be able to take applicable actions.

Importantly, the agent can continue issuing tickets using EasyPay or the traveller’s credit card as the form of payment. In addition, the agent can remit monies to the BSP in advance of the remittance date to re-open the related capacity.

IATA is developing a mechanism to permit exceptional short-term increases in the RHC. Under the RHC proposal, agents will not be prevented from selling more tickets if they reach their threshold for cash amounts outstanding to the BSP.

Agents will be notified when they reach a certain percentage of their capacity, so as to be able to take applicable actions. When the Remittance Holding Capacity is reached, BSP cash sales will be restricted as a form of payment but the “ticketing authority” remains active.

Therefore, the agent can continue issuing tickets using IATA EasyPay or the customer’s card as the form of payment. In addition, the agent can remit monies to the BSP in advance of the remittance date to re-open the related capacity. Furthermore, IATA is developing a mechanism to permit exceptional short-term increases in the RHC.