ACCURATE MONEY EXCHANGE SOLUTION

AccuMExs

A complete web based solution for Banks, Money Exchange Companies and Money Transfer Operators

Robust and easy-to-use
Money Trasnsfer Application Software

Remittance

  • Outward Remittance
  • Inward Remittance
  • Express Remittance
  • Inter-Branch Remittance
  • Pay-out Transaction
  • Payment Order Operation
  • Stop Payment / Refund
  • Re-Allocation of TTs
  • Inward Stop Payment & Cancel

Forex

  • FC Buy / Sell

  • FC Deals

  • FC Inter Branch

  • FC Wholesale

Teller Operations

  • Foreign Currency Teller (Physical stock entry)

  • Local Currency Teller (Physical cash entry)

  • Teller Position

  • Till Transfer

  • Till Receipt

  • Bulk Transfer

  • Bulk Receipt

  • Cash Tally

Integrated Accounts

  • Journal Voucher
    1. Local Currency
    2. Stock Transfer
    3. Inter Currency
    4. JV Reversal
    5. Branch JV
  • Cash Deposit
  • Cash Payments
  • Cash Receipt
  • Cheque Receipt
  • Cash Withdrawal
  • Cash Transfer to Bank
  • Cheque Payment
  • Cheque Submissions/ Realization/ Bounce back
  • Cost Calculation using FIFO method
  • Cost Calculation using Revaluation Method

Fixed Asset Management

Fixed Asset Management is the process of tracking and maintaining an organization’s physical assets and equipment. Asset types include vehicles, computers, furniture, and machinery.

Pre-Payment Management

Prepayments are the payments before the final invoicing of a sales or purchase order. A sales or purchase prepayment invoice should be created for each advance payment that is requested so that these prepayments can be posted and applied to the prepayment invoices. By doing this, you will improve the follow-up on the sales and purchase orders and the tracking of prepayments.

MIS Reports & Registers

  • FC Consolidation Statement
  • Customer/ Bank Position
  • Custodian Summary
  • Customer Balance Consolidated
  • Summary Report with Value
  • Trial Balance – Detailed
  • Daily Profit & Loss
  • Profit and loss analysis
  • Currency wise profit and loss
  • Summary Exchange Gain/ Loss
  • Balance Sheet
  • Central Bank Reports
  • Remittance Register
  • Stop Payment Register
  • Refund Register
  • Teller Summary Report
  • Cashier Report
  • Daily Journal
  • Statement of Account
  • Global Stock Report
  • Daily Remittance Bank Wise Report
  • Cash Book Cum General Ledger
  • Card holder Transaction Report
  • Purchase/ Sales Statement

AML Management

  • Compliance Rule Management
    1. Built in compliance rule creation module
    2. Real-time screening rules/ parameters
    3. Post-transaction screening rules/ parameters
    4. AML screening rules
  • Watch list Management
    1. Automated Blacklist download from the providers on a regular basis
      1. SDN-OFAC
      2. UN List
      3. UK List
      4. EU List
      5. SDN-FSE
    2. Integration with paid blacklist database providers
      1. Dow Jones
      2. World check
    3. On-Boarding screening
    4. Transaction level screening
    5. Manual screening
    6. Custom Blacklist data upload
    7. Phonetic Search engine for accurate results
    8. Whitelisting of customers

Risk Management

  • Automated Risk scoring based on conditions

  • Risk Assessment

  • Profile & transaction risks for Individual, Corporate Customers & Correspondent Partners

  • Built in FERJ Rules

Documents Management

  • Uploading of documents in multiple files in every module
  • Options for viewing of documents from every module

Activity, Analysis & Screening Reports

  • Customer/ Transaction/ Log Reports
  • Rule violation reports
  • AML screening report
  • Customer -wise Remittance volume report
  • Third-Party Transaction report
  • ISTR/ CDD/ EDD report
  • High value transaction report

VAT Calculation & Submission

Transactions will be taxed based on the configuration, and will be posted to the relevant accounts. A file will then be generated as per Central Bank requirements'.

Bank File Formats

The files will be generated using the documents provided by banks.

Bank & MTO API integrations

Based on the API documents provided by Banks and MTOs, we will integrate the Bank and MTO APIs

Master Data Entry Modules

  • Region Master
  • Country/ State Master
  • District/ City Master
  • Location Master
  • Employee/ User/ Cashier Master
  • Bank/ Agent Master
  • Bank Branch Master
  • Currency Master
  • Currency Rates – Edit & Approve
  • Currency Re-valuation
  • Chart of Accounts
  • Cheque Register
  • Blacklist Master
  • Customer Card Creation
  • ID Types
  • Purpose of Transfer
  • Source of Income
  • Beneficiary/ NEFT/ RTGS – Bank
  • Beneficiary/ NEFT/ RTGS – Branch

Central Bank Reports

  • All Central Bank/ Monetary authority Reports for each country

System Administration

  • System Configuration

  • User Privileges

  • Change/Reset Password

  • System Logs Management

  • User Session Control

WPS (Wages Protection System)

  • Auto FTP
  • Registration (Employer & Employee (Both from H O & Branches))
  • SIF Processing both from Head Office & Branches
  • SIF Cash Receipt Allocation & Vice Versa
  • Funding of Wages
  • Payment of Wages (Payment Available from any of the Branches)
  • Refund & Settlements
  • Returns
  • Facility to Store Establishment ID, Bank Routing Code & Other Information
  • Reports

Bank Reconciliation

  • Bank Statement Template

  • Import Bank Statement

  • Bank Statement Entry Form

  • Auto Reconciliation

  • Manual Reconciliation

  • Reconciliation Reports

HR Module

  • Company Profile
  • Sister Concerns
  • Branches
  • Banks & Bank Letters
  • Staff List
  • Company Documents & Agreements
  • Employee Grade & Categories
  • Employee Profile
  • Leave Management
  • Loan/ Advance/ Shortage of Cash Management
  • Pay slip Generation & Approvals
  • End of Service Benefits & Provisions

Inter-branch Reconciliation

  • Import Inter-branch entries from the core system

  • Auto Reconciliation

  • Manual Reconciliation

  • Reconciliation Reports

Mobile Application

  • Supports iOS and Android platforms
  • Self-Registration
  • Profile Video Verification
  • Create Remittance
  • Beneficiary management
  • Transaction history/ monitoring
  • Payment Gateway integrations
  • Cancellation request
  • Rate alerts and notification
  • Mobile app is connected to web APIs for real time information
  • Information is secure and encrypted
  • Validates users/ hosts
  • Supports payments via Debit/ Credit cards, Mobile Wallets, etc.
  • 2 Factor Authentication
  • Fingerprint Authentication
  • Integrated with various payment gateways for Quick payments
  • Secure administration portal for back office
  • SMS/ Email notifications
  • Currency Converter
  • Different Payment Modes
  • Multiple products across different corridors
  • Client logo, watermark and design/ color scheme customization
  • White labelling

E-Wallet

E-Wallet allows you to store multiple currency wallets in a secure environment and can be used to make your payment for a transaction. Once you have registered and created E-Wallet profiles, you can make payments faster.

  • E-Wallet Key Features
    1. User Privileges
    2. System Logs Management
    3. User Session Control
    4. Change/ Reset Password
    5. System Configuration

Online Remittance Portal

  • Supports all the browsers
  • Self-Registration
  • Profile Video Verification
  • Create Remittance
  • Beneficiary management
  • Transaction history/ monitoring
  • Payment Gateway integrations
  • Cancellation request
  • Rate alerts and notification
  • Connected to web APIs for real time information
  • Connected to web APIs for real time information
  • Information is secure and encrypted
  • Validates users/ hosts
  • Supports payments via Debit/ Credit cards, Mobile Wallets, etc.
  • Integrated with various payment gateways for Quick payments
  • Secure administration portal for back office
  • SMS/ Email notifications
  • Detailed reports