IATA BSP
IATA BSP Guide for Travel Agencies Worldwide
How the Billing and Settlement Plan works across international airline markets
By Project OTA | 10 Aug, 2026 | 8 min read
A country-aware guide to IATA BSP, airline settlement, reporting, remittance and agency operations.
What IATA BSP does
The IATA Billing and Settlement Plan is a system that helps accredited travel agencies report airline sales and settle amounts through a centralized process. Instead of paying every participating airline separately, the agency follows local BSP reporting and remittance rules.
BSP participation is not identical in every market. Airlines, currencies, reporting periods, payment methods and accreditation requirements depend on the country or territory.
How agencies operate under BSP
An agency issues tickets, records sales and submits accurate transaction data through the approved reporting workflow. BSP then calculates amounts due and provides billing or settlement information for the applicable period.
Booking software should reconcile PNRs, ticket numbers, refunds, exchanges, voids, taxes and debit memos before each reporting deadline.
Countries and market checks
BSP operates across many markets in Africa, Asia-Pacific, Europe, Latin America, the Middle East and other regions. Agencies should confirm the current local IATA office rules, participating airlines, settlement currency and accreditation path for their country before applying.
Frequently Asked Questions
Is BSP available in every country?
No. BSP coverage, participating airlines and local requirements vary by country or territory. Check the current IATA market information for your location.
Does BSP replace airline ticketing authority?
No. BSP supports settlement, but ticketing authority and airline participation still depend on the agency's accreditation and commercial permissions.
Key Takeaways
- BSP centralizes reporting and settlement between agencies and participating airlines.
- Remittance calendars, reporting accuracy and financial controls are essential.
- BSP availability and rules vary by country and local market.
Project OTA builds booking and back-office systems that help BSP agencies reconcile tickets, refunds, remittances and airline reports.
Talk to Project OTA