RHC (Remittance Holding Capacity)

The Remittance Holding Capacity (RHC) is a monetary threshold for outstanding BSP Cash sales that the agent holds in trust until they are remitted to the BSP. Any agent with access to the Cash Payment Method is granted one 1. It is set using risk management components, including the agent's Risk Status of A, B or C 7.

IATA monitors the agent's total amounts owing continuously. It notifies the agent by email at 50% and 75% of the RHC, and again when the RHC is reached. Notices go to the Customer Portal Administrator(s), who can add further contacts 24. Usage can be checked in the Customer Portal under "Risk Profile & RHC" 2.

If amounts owing reach or exceed the RHC, the Cash Payment Method is removed, but other authorised payment methods remain available, such as IATA EASY PAY, Customer Card and, with each airline's consent, Alternative Transfer Methods 15. A limited list of markets where IATA EASY PAY is not yet available keeps Cash in place 15.

In practice, the agency can:

• Remit in advance of, or on, the Remittance Date to bring amounts owing below the RHC, after which Cash is reinstated 15.
• Provide additional Financial Security, where the accreditation type and risk status allow it. The RHC normally rises by the same amount, unless Local Financial Criteria say otherwise 56.

The reverse also applies. Reducing Financial Security lowers the RHC, subject to the minimum requirements of the Local Financial Criteria 6. For Risk Status C agents, the Financial Security must equal the RHC 8. Watching the 50% and 75% alerts helps avoid losing Cash mid-sale.