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...
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...
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...
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...
