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CurrencyXchanger Innovating The Standard of Industry For Currency Exchange

Powerful yet Easy to Use

currencyXchanger is a fully-integrated software package with a modular design allowing you to have the freedom to customize or upgrade your software by adding or customizing new features and modules as required by your business.

cXr has been developed with user-comfort in mind. All modules are designed around a consistent user-interface. Therefore as you get familiar with one module, you have familiarized yourself with other modules as well. You can be up and running with only a couple of hours of training and take additional training only when needed.

A Robust Product for an Efficient Operation

CurrencyXchanger (cXr) is a revolutionary software product designed as Point of Sale (POS) and a strategic business management tool for companies providing foreign currency financial services. cXr is the result of years of research and development in collaboration with accountants, currency exchange businesses as well as feedback from FINTRAC. cXr has been tested and known to be one of the most robust tools.

 

Snapshot of Currency Listing

Snapshot of Currency View Transactions

Take control of Your Operation

Advanced User Privilege Setup is one of many powerful features of cXr. Management can authorize or forbid employees from accessing and/or modifying specific forms and information. Administrators have granular control over detailed privileges of each employee. This feature greatly enhances the internal security of your business. An automatic log file records all activities carried out on the system, such as: nature of the transaction, date, time, and the name of the entity who conducted the activity.

 

The Challenge of Accounting

Whether you are a small currency exchange outlet or you run a wholesale operation and manage forward contracts , you need a system which can track your accounts, positions, inventory and other accounts in one place.

If you have been operating a foreign exchange business, you know that accounting is a very challenging and time consuming task. Most accounting packages on the market are not tailored to address the needs of foreign exchange businesses. cXr automatically takes care of the double-entry journal registry in the background. cXr allows you to define General Ledger (GL) accounts and Sub-Ledger accounts right into the system. You don't need to import or export any data to track your accounts.

Snapshot of General Ledger Accounts

Compliance

We have dedicated numerous resources to take into account all new international compliance measures. We continuously upgrade the compliancy features (reporting, record keeping, queries, rating, cross referencing) of CurrencyXchanger as per the new legislation or guidelines require by FINTRAC, FINCEN, and other international regulating bodies .

 

Client Server Architecture

cXr has been built using one the industry best cross-platform Database Server engines. The system can be setup on a single workstation (Mac or PC) or be deployed on a heterogeneous network of Mac and PCs.

A typical client-server setup consists of 1 server, 1 back office workstation for accounting and verification, 1 workstation for management and control, with remote access from outside the office, and two front-desk workstations for customer support and sales. The diagram below shows a typical client/server configuration network in an office.

 

eWire Technology

By adding the eWire module, you can benefit from eWire technology. eWire is a web-based technology that enables you to send and receive fund transfer order-forms using the internet. These are non-SWIFT transfers that are handled by your own channels overseas. cXr keeps track of all worldwide customers and their beneficiaries along with their accounts. Customers can track their funds online using a password that you provide them.

 

Practical Solutions for Your Business

With three editions designed to address the expressed needs of the industry, you can be sure to find the right solution for your business.

CurrencyXchanger POS Edition: This edition is geared towards typical currency exchange retail outlet (similar to airport outlets).

CurrencyXchanger Business Edition: This edition is for money exchange businesses that want to use the system for all their accounting needs.

CurrencyXchanger Pro Edition: The most complete solution for small to mid size foreign exchange bureaus that provide full-service to their customers including: check cashing, wire transfers, eWire remittance, Western Union, and such.

POS Edition Box Business Edition Box Pro Edition Box
Module Description
& Features
POS
Edition
Business
Edition
Pro
Edition
  • Included Support & Upgrades
6 months 9 months 12 months
  • Automatic Currency Rate Update
   
  • Currency Calculator
   
  • Multi-User with access privileges
   
  • Multiple Tills
   
  • Multi Currency Invoicing
   
  • Customizable Receipts
   
  • Mulit-currency Accounts
   
  • Customer Relation Management (CRM)
   
  • Multiple Picture IDs per customers
   
  • Compliant Record Keeping
   
  • Import / Export in most popular formats
   
  • Daily Account Reports
   
  • Rate Panel Integration
   
  • Black-list Cross-check
   
  • Compatible with POS Printers
   
  • Internal Account Transfers
   
  • Database & System Level Log
   
  • Automatic Backup/Recovery
   
  • Full Administrative Control Panel
   
  • General Ledger/ Sub Ledger/
   
  • Integrated Multi-Currency Accounting
   
  • Accounts Payable/Receivable
     
  • Account Reconciliation Module
     
  • Multi-Currency Bank Accounts
   
  • Cheque (Check) Management System
     
  • Computer Cheque (Check) Printing
     
  • Bank to Bank Wire (offline)
     
  • Beneficiary Bank Accounts
     
  • Mailbox Management
     
  • Call Logs (Customer Support)
     
  • Notification Warnings on Customers
     
  • Currency Booking
     
  • eWire (Money Remittance Technology)
     
  • eMessaging
     
  • Worldwide Agents
     
  • Multi-user Collaborative Word Processor
     
  • Beneficiary Accounts
     
  • Online Banking for Customers
     

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