All that is done is the Electronic ticket is set aside in its original state, it is not a single value "voucher". It is then exchanged as a ticket for another ticket, each component having to match up fare for fare, tax for tax, fee for fee based on the basis of being refundable or not. What ever terms are used - credit, voucher, bank etc. its still an IATA ticket subject to IATA guidelines and participating country tax rules. The lingo is not the reality.
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