Banker’s selling rate (BSR)

A banker’s selling rate (BSR) is the rate at which a commercial bank sells foreign currency to its customers. This rate is higher than the banker’s buying rate (BBR) and includes a margin that allows the bank to earn a profit on currency exchanges.

In the travel and airline industry, the BSR is often used when customers pay for services such as flight tickets or hotel stays in a currency different from the one used by the provider. For example, if a traveler books a flight priced in euros but pays in US dollars, the bank applies the BSR to convert the payment into euros.

The BSR is significant for managing international transactions and is often factored into pricing and refunds. While IATA uses fixed rates like the IATA Consolidated Exchange Rate (ICER) for standard ticketing, the BSR is a live rate that reflects current market conditions and may vary slightly from one bank to another.