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Discontinuation of Monthly Remittance Frequency Delayed until 31 July

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The discontinuation of the monthly remittance frequency has been postponed until 31 July 2020, as advised by IATA.

The Passenger Agency Conference Steering Group (PSG) agreed upon a final extended postponement for the removal of the monthly remittance for Botswana, Morocco and South Africa. No further extensions will be considered beyond 31 July. 

ASATA has fought tirelessly to retain monthly remittance in BSP-ZA over the past years, lobbying various stakeholders locally and internationally based on the realities of our market.

IATA demanded a more regular remittance from BSP-accredited agencies in South Africa and Botswana at the beginning of 2019, when they announced it would discontinue monthly BSP remittance frequencies before 31 December 2019. 

ASATA lobbied on behalf of its members for a deferment of this date. Interventions included months of representations at ASATA Board level, discussions with the Agency Programme Joint Council (APJC) resulting in a task team being set up, a survey among ASATA travel agencies to assess the readiness of the industry, direct engagement with both South African Airways and National Treasury, and finally extensive lobbying at IATA’s PAconf.

IATA agreed to delay the sunsetting of monthly remittance to May 2020 to allow agents to prepare their businesses.

However, in light of the critical circumstances the industry is enduring as a consequence of the COVID-19 pandemic, ASATA requested a further extension of the deadline through the Passenger Agency Programme Global Joint Council (PAPGJC). Extensions were granted on a month-by-month basis in May and June. IATA has now advised the final postponement for the removal of the monthly remittance is 31 July 2020, with no further extensions to be considered beyond that date.

The impact of COVID-19 on the travel industry is unprecedented and unpredictable. The nature of the content that is being shared on the ASATA coronavirus microsite is therefore constantly changing. Please check the date of the post to ascertain its recency.
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