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TAAI invites members to join Joint Bank Guarantee scheme

Sunil Kumar, President, TAAI, said, “We will be rolling out circulars inviting our members to join the Joint Bank Guarantee (JBG) scheme by February first week and close the process by March 31, 2016. Those agents who are chosen by the National Committee for the scheme will be able to get on board with IATA effective July 1, 2016. They were anyway paid their insurance or guarantee till June 30, 2016. So, TAAI’s JBG scheme will be in place from July onwards when the new term starts for the new guarantee cover.” He however refused to share any updates on TAAI’s annual convention. This was discussed during TAAI’s Managing Committee meeting held on the sidelines of the IITT exhibition in Mumbai recently.

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