The International Air Transport Association (IATA) has issued a directive to travel agents in Zimbabwe stating that all remittances would only be accepted in the U.S. dollar.
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The world governing trade association for airlines made this statement as it became increasingly difficult to switch from bond note-denominated payments to U.S. dollar payment.
Lack of foreign currency in the country has also impeded the payment of $18million by Ethiopian airlines in Zimbabwe.
The IATA issued a circular stating it can no longer accept the use of direct debit for remittance.
