Curate a list of currencies your business trades in. Select the precision, unit and direction for the presentation of your Buy and Sell rates. An automated process validates rates based on preset profit margins and updates them accordingly. Each individual branch outlet can be associated with its individual set of currencies and data.
Record the amount, denominations and foreign currency stock for multiple currency exchange branch outlets. List the cost of foreign currency stock and track the history of changes.
Record all currencies bought and sold, view both profit and loss in real time, and print standardised or customised receipts for local or foreign currency transactions.
Create a custom compliance risk assessment policy for your business so that enhanced due diligence is automatically triggered based on a set of criteria. Customers are classified into low, medium and high risk groups based on their risk factors.
Create a customer record that each foreign currency transaction can be linked to. Input customer identification details, attach documents and add notes for each record. Segment customers into different groups.
Generate currency transaction reports, foreign currency stock reports, as well as profit and loss reports for various currency exchange outlets. Easily export a unique set of data for each branch outlet.
Access regulatory reporting tools for regulatory risk reporting and regulatory transaction reporting. Generate regulatory reports for submission to local authorities as mandated by compliance laws.
Currently, our regulatory reporting software supports jurisdictional reporting for Hong Kong, Indonesia, Malaysia and Singapore.
Rapidly onboard employees through account management settings that will allow you to create custom roles or assign default roles to your employees. Whether they are Owners, Managers, Compliance Officers or Tellers, they will only be provided with the read and write permissions that are required for their responsibilities.
Create customised rate board display templates and display different Buy and Sell rates for each outlet so travellers can quickly and easily refer to your board rates, whether through a physical or digital rate board online.