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...