Tag archive for ‘IATA’
By The Publisher On Friday, March 6th, 2020

WIB wins license fee dispute against Travel Planners

PHILIPSBURG – De Windward Islands Bank (WIB) has prevailed in a lengthy legal battle against travel agency Travel Planners over the payment of the 1 percent foreign exchange license fee for bank transfers to More...

By Desk Editor On Sunday, July 15th, 2018

SXM at Caribbean Aviation Day

Simpson Bay — St. Maarten (Sunday July 15, 2018) — Chief Financial Officer (CFO) and Acting Chief Executive Officer (CEO), Ravi Daryanani of the Princess Juliana International Airport – SXM – was More...

By The Publisher On Friday, December 1st, 2017

IATA’s NewGenISS payment options possible loophole for banks

Read our report how despite the introduction of new payment options for travel agencies by the International Air Transportation Association, IATA, banks would still be able to use a loophole to charge travel agencies More...

By The Publisher On Wednesday, November 29th, 2017

Court forbids WIB to charge license fee to Travel Planners

PHILIPSBURG – In a landmark decision, the Court in First Instance has instructed the Windward Islands Bank (WIB) Ltd. to no longer charge a 1 percent license fee over international transfers it executes for travel More...