Currency Exchange Software

Managing Currency Exchange Operation

Buy and sell currencies with office exchange is very easy and fast. It allows you set rate from admin section and tellers in the system use the set rate for buy and sell. End of day report provide you with starting balance and closing balance for each teller. Each teller cashes in with starting balance and closes the cash with ability to transfer the closing balance to next teller. There are many reports to help you manage your day-to-day operation and we can add your customized report to the system with little or no cost.

Compliance, Due diligence, CRM, Client Management

The system collects all required information for transactions. You can directly import client information from Passport and ID card using CGI Design Integrated API with scanner. The information can type in the form also. All clients names will be scanned against sanction list in your region and where required with your regional regulatory. Some example of sanction sources are

• Specially Designated Nationals List (SDN). (United Stated Of America)
• Office of the Superintendent of Financial Institutions (OSFI), (Canada)
• United Nations Security Council Consolidated List (Global)
• Office of Financial Sanctions Implementation HM Treasury (England)

This list automatically feeds into office exchange and your client names will scan against the list and identifies the risk. (if finds the march name will alert user) Once you identify the risk your compliance officer can rate the client and set them as low, medium or high risk. You can always track the changes in client information and notes that compliance officer added to client file.