ARC-IATA Interface
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ARC-BSP cross-settlement interface.
Definition
ARC-IATA interface workflow: (1) US ARC-accredited agency sells Air France/KLM ticket via Amadeus, (2) ARC settles initial with airlines via IAR, (3) Cross-settlement with BSP France via IATA Clearing House (ICH), (4) Air France airline receives settlement in BSP France currency after conversion. Enables a US Expedia agency to sell tickets on 400+ airlines worldwide. Technical maintenance by ARC + IATA SIS systems.
Origin
ARC-IATA interface operational since the 1990s ; electronic SIS-IS modernisation since 2007.
Example in context
An American Express Travel USA agency sells Lufthansa ticket via Sabre ; initial settles Lufthansa via ARC ; finalizes cross-settlement via BSP Germany IATA ICH in EUR.
Related terms
- ARC IAR — US platform.