IATA Clearing House

The IATA Clearing House is an organization that simplifies international airline transactions by settling financial balances among member airlines. When airlines sell tickets or services to each other across borders, they generate multiple payments. The Clearing House consolidates these transactions, calculates net amounts owed between airlines, and facilitates smooth, efficient payments. This reduces the complexity of international financial dealings, minimizes risks, and ensures airlines are paid accurately and promptly, supporting the overall stability and efficiency of global air travel commerce.