Billing and Settlement Plan definition

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Billing and Settlement Plan

Billing and Settlement Plan logo #21000 Billing and Settlement Plan (BSP) (also known as `Bank Settlement Plan`) is an electronic billing system designed to facilitate the flow of data and funds between travel agencies and airlines. The advantage of such an intermediary organization is that instead of each travel agency having an individual relationship with each airline, all of the i.....
Found on http://en.wikipedia.org/wiki/Billing_and_Settlement_Plan
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