IATA Officials from India Mr. Amitabh Khosla and Mr. Vinod Malhotra called on NATTA Secretariat Tuesday the 29th March and held discussions on matters pertaining to the difficulties being faced by Nepalese agents in settling the IATA remittances.
The chief of the mission Country Director India Mr. Khosla and Branch Manager-Northern India, IDFS Mr. Malholtra first of all congratulated the newly elected Executive Committee of NATTA and President Mr. Madhu Sudan Acharya in particular and expressed the hope that NATTA & IATA would be able to work in tandem with each other in the days to come for the betterment of the industry. President Acharya thanked the IATA officials for the visit and their congratulatory note and raised a few queries in regard to the replacement of Bank Guarantee with Insurance Guarantee.
Speaking on the occasion the NATTA IATA coordinator Mr. Binay Basnet put up a few issues enlightening the visiting officials with the fact that the Nepalese agents are still having the stand on 10 days payment cycle. Mr. Basnet also hinted on the irrelevance of Good for Payment Cheque and also said that the timing of Standard Chartered Bank to receive the IATA payment of the agents was not enough and that ought to be extended to late evening hours on payment dates as the law and order situation is so sensitive that demonstrations and blockades often hinder the commuters to reach their banks on time. It would be rather very convenient for the agents if the provision of bank to bank transfer could be established, Mr. Basnet added. Replying to this suggestion, Mr. Khosla said that these issues can be discussed in the upcoming APJC meeting in Kathmandu.
NATTA Officials 1st Vice President Mr. C.N Pandey, Secretary Mr. Sudhir Kumar Upadhyay, Treasurer Mr. Chitra Bahadur Gurung were also present at the meeting.