Amadeus FQB โ Display Bankers’ Buying & Selling Rates
A complete guide to the Amadeus FQB command โ how to display bankers’ selling and buying rates for a currency, including historical rates for a past date.
โก Key Takeaways
- FQB shows bankers’ exchange rates โ the commercial buying and selling rates used by banks, not IATA rates.
- Use FQB NOK for the selling rate โ the rate a bank charges when selling currency to a customer.
- Use FQB KRW/B for the buying rate โ the rate a bank pays when buying currency back.
- Add a date โ FQB NOK/14SEP0X โ to retrieve the historical rate for refunds and audits.
- Never confuse FQB (bankers) with FQA / FQC (IATA rates) โ they serve different purposes.
When a customer pays for a ticket in a foreign currency, or when an airline settles an account across borders, the exchange rate used matters. The Amadeus FQB command provides the bankers’ exchange rates for a specific currency โ the selling rate that banks apply when selling currency to a customer, and the buying rate they apply when buying it back. It can also retrieve historical rates for a past date, which is essential for refunds, audits, and reconciling older transactions.
What Does the Amadeus FQB Command Do?
FQB is the Amadeus GDS command used to display bankers’ selling and buying rates for a specific currency, including rates for a past date.
Category: Informative Pricing.
The Amadeus FQB command provides bankers’ exchange rates for a currency. It can display either the selling rate or the buying rate, and historical rates can be requested by adding a date.
Unlike the IATA Rate of Exchange (IROE) used for fare construction, bankers’ rates are commercial rates applied by banks and financial institutions. They are used when converting money at the counter, settling invoices, or estimating what a customer will actually pay when exchanging currency.
Amadeus FQB Command โ Bankers’ Selling Rates
The selling rate is what a bank charges when it sells currency to a customer. Use the Amadeus FQB command with the currency code to display it.
Display the bankers’ selling rate for Norwegian Krone:
FQB NOKThis displays the bankers’ selling rate for NOK โ the rate at which a bank would sell NOK to a customer.
Display the selling rate for a past date:
FQB NOK/14SEP0XThis displays the bankers’ selling rate for NOK on the past date specified. Historical rates are useful for refunds, audits, and reconciling transactions that took place earlier.
Amadeus FQB Command โ Bankers’ Buying Rates
The buying rate is what a bank pays when it buys currency from a customer. The Amadeus FQB command uses the /B indicator to switch to buying rates.
Display the bankers’ buying rate for South Korean Won:
FQB KRW/BThis displays the bankers’ buying rate for KRW โ the rate at which a bank would buy KRW from a customer. The /B indicator specifies the buying rate.
Display the buying rate for a past date:
FQB KRW/B/14SEP0XThis displays the bankers’ buying rate for KRW on the past date specified. Use it when reconstructing an older transaction or verifying a refund calculation.
Amadeus FQB Command โ Quick Reference Table
| Command | What It Does |
|---|---|
FQB NOK | Displays the bankers’ selling rate for NOK |
FQB NOK/14SEP0X | Displays the historical selling rate for NOK on a past date |
FQB KRW/B | Displays the bankers’ buying rate for KRW |
FQB KRW/B/14SEP0X | Displays the historical buying rate for KRW on a past date |
When to Use the Amadeus FQB Command
Use the Amadeus FQB command when you need to check bankers’ buying or selling exchange rates for a currency, including historical rates for a specific past date. Typical scenarios include:
- Estimating what a customer will pay when exchanging currency at the bank.
- Comparing bankers’ rates with the IATA Rate of Exchange used for fares.
- Reconciling a corporate account settled in a foreign currency.
- Supporting a refund or reissue where the original rate must be recreated.
- Auditing a past transaction to confirm the exchange rate applied.
- Providing a customer with an indicative rate before finalising a sale.
- Preparing financial reports that require historical exchange rates.
How It Fits Into Your Pricing Workflow
A typical pricing session using the Amadeus FQB command might look like this:
- Identify the currency you need a bankers’ rate for.
- Enter
FQB NOKfor the selling rate orFQB KRW/Bfor the buying rate. - For past transactions, add the date โ for example
FQB NOK/14SEP0X. - Compare the bankers’ rate with the IATA rate retrieved with FQA if a fare conversion is involved.
- Use FQC to perform the actual conversion once the rate is confirmed.
- Complete the pricing and ticketing as required.
How the Amadeus FQB Command Relates to Other Currency Commands
The Amadeus FQB command is part of the currency and pricing toolkit in Amadeus. Here is how it relates to the others:
- FQB โ displays bankers’ selling and buying rates, including historical rates.
- FQA โ displays IATA Rates of Exchange (IROE) for a country.
- FQC โ performs currency conversions and retrieves historical exchange rates.
- FQD / FQN โ fare display and fare rules commands.
- FQP / FXP โ creates a fare quote or prices a booked itinerary.
The key distinction: FQA and FQC use IATA rates for fare construction, while the Amadeus FQB command provides bankers’ commercial rates for currency exchange and settlement purposes. They should not be used interchangeably.
Tip โ Bankers’ Rates vs IATA Rates
Bankers’ rates and IATA Rates of Exchange are not the same and should not be used interchangeably. Use the IATA rate for fare construction and the bankers’ rate for estimating currency exchange or settlement.
Always check whether the selling rate or buying rate is required โ the difference can be significant in a large transaction. For fare conversion, use FQA and FQC instead.
Official Amadeus Documentation
For the authoritative reference on currency rates and Amadeus pricing, refer to the Amadeus Altรฉa Suite documentation โ the official source for all Amadeus currency and pricing commands including FQB, FQA, FQC, and FQP.
Frequently Asked Questions About the Amadeus FQB Command
What does the Amadeus FQB command do?
The Amadeus FQB command displays bankers’ selling and buying rates for a currency, and can retrieve historical rates for a past date.
What is the difference between selling and buying rates?
The selling rate is what a bank charges when selling currency to a customer. The buying rate is what a bank pays when buying currency from a customer. Both are available via the Amadeus FQB command.
How do I specify the buying rate with the Amadeus FQB command?
Add /B after the currency code โ for example FQB KRW/B. Without /B, the command returns the selling rate by default.
How do I retrieve a historical bankers’ rate?
Add the date to the entry โ for example FQB NOK/14SEP0X for the selling rate, or FQB KRW/B/14SEP0X for the buying rate.
Can I use FQB rates for fare construction?
No. Fare construction requires IATA Rates of Exchange, retrieved with FQA. The Amadeus FQB command provides commercial bankers’ rates for currency exchange and settlement โ they serve different purposes.
Conclusion
The Amadeus FQB command is the reference tool for bankers’ exchange rates in Amadeus. Use FQB NOK for the selling rate, FQB KRW/B for the buying rate, and add a date such as FQB NOK/14SEP0X for historical rates.
These rates are essential for estimating currency exchange costs, reconciling foreign-currency settlements, supporting refunds and audits, and providing accurate indicative rates to customers. Remember that bankers’ rates are commercial rates and should not be confused with the IATA Rates of Exchange used for fare construction.
Paired with FQA, FQC, FQD, and FXP, the Amadeus FQB command completes your currency toolkit and ensures every exchange-rate question has an accurate answer โ from the first quote to the final settlement.
Want to Practice the Amadeus FQB Command?
Open our free GDS terminal simulator and run FQB, FQA, FQC, FQD, and every other currency and fare command in a safe, risk-free environment.
