Industry Cash Management Services

Our objective is to assist and support airline treasuries in meeting their corporate objectives in the areas of cash management and currency repatriation.

Industry Cash Management Services is focused on two of IATA's priorities: generating cost savings for our Members and simplifying their business.

IATA Currency Clearance Service (ICCS)

ICCS is a global cash management tool provided to its Members on a commercial basis. It enables the centralisation of the collection and repatriation of worldwide sales proceeds.

In brief, ICCS centralises the Members Airlines' treasury operations and thus simplifies their business. More...

Currency Coordination

IATA's Currency Coordination activity is a non-commercial service. Its role is to coordinate and lead industry lobbying activities aimed at removing regulatory obstacles that prevent IATA Member Airlines from freely repatriating their worldwide sales proceeds.

In brief, IATA's Currency Coordination activities focus on improving the repatriation process where necessary and reducing related costs for the Members.

IATA Currency Coordination is also responsible for monitoring all activities related to the Enlargement of the European Economic and Monetary Union. More...

Strategic Partnership