What is CurrencyXchanger?

CurrencyXchanger is a Professional Money Exchange Software for managing every aspect of Money Exchange retail and wholesale business.

It offers multi-currency Point of Sale (POS), integrated accounting, Customer Relationship Management (CRM), and Anti-Money Laundering (AML) record keeping features.

 

 

The software can be used for:

  • Money Services Business (MSB), Bureau de Change (BDC), Cambios, Forex Retailers
  • Travel Agencies offering financial services (e.g. American Express)
  • Money Exchangers, Forex traders and wholesalers of currency
  • Currency Exchange kiosk in airports and shopping centers
  • Financial Institutions (banks, credit unions, etc...)
  • Hotels, casinos, shops, cruise ships, resorts, and airport outlets
  • Dealers of precious metals

The software's features include:

  • Easy to use and Multi-currency Point Of Sale (POS) system
  • Advanced Currency Rate Calculator based on your own buy and sell rates
  • Print transaction tickets (POS thermal or laser printers)
  • Full-featured Customer Relationship Management (CRM)
  • Tellerproof system for End of Day cash reconciliation (EOD cash control)
  • Currency Denominations Tracking for all world currencies
  • Automatic or manual update of currency rates including Gold, Platinum and Silver Bullion
  • Audit Trail for transactions with multi-level Undo/Revert
  • Exception Report Log for managers to track anomalies
  • Integrity Check module to flag and detect errors and system integrity issues
  • Fully customizable LCD Currency Rate Display board software
  • Multi-Currency Double-Entry Accounting (GL, Sub-Ledger, journal ledger)
  • View calculated rates in real time including: avg. buy rates, holding cost, cost of purchase, break-even rates, short and long positions, coverage rates, cost of goods sold, exposure, and historical rates
  • Record keeping for live forex trades, rate bookings, futures, wires and deliveries
  • P&L report per currency (both realized and unrealized gains)
  • Record multiple payments in one invoice (Cash, TT wire, eWire, Western Union...)
  • Reconcile you Bank, Cheque, and Cash accounts
  • Record and manage forex forward contracts, futures, orders, and deliveries
  • Rule-based Fee module for setting up your own fee structure
  • Cheque Cashing & Computer Cheque Printing
  • Multi-Currency Treasury Management
  • Rule-based AML policy declaration module
  • Automatic live check of customer names against multiple international consolidated watch-lists/sanction lists (OFAC SDN, OSFI, AUSTRAC, New Zealand FIU, EU Sanction list, UN & UK Sanction List, Al-Quaida Sanctions List)
  • 24-hours aggregation rule for detecting recurring or suspicious transactions
  • KYC Record Keeping based on PCMLTFA guidelines and customer identification mandate under the Bank Secrecy Act (BSA) and USA Patriot Act.
  • AML Audit tool to easily respond to your bank and auditor's request
  • Adjustable warning threshold for LCT (Large Cash Transaction), EFT (Electronic Fund Transfer), and STR (Suspicious Transaction) monitoring
  • Integrated Money Remittance System (eWire) and Remote Payment Orders
  • Compatible with Windows 7, Windows 8 and Mac OS Lion and Mountain Lion
  • Can be deployed as a standalone unit, networked, multi-branch, or in the cloud
  • Compatible with UNICODE data entry (compatible with all languages and scripts)
  • Approved to be used in Sweden by the Swedish Tax Authorities (Skatteverket) and Financeinspektionen

0 Comments

Add your comment

E-Mail me when someone replies to this comment