Foreign Exchange Booths: Multi-Currency Cash Management
In airports around the world, foreign exchange booths provide currency exchange services to travelers. For many banks in border regions and large metropolises, currency exchange and multi-currency transactions are also part of everyday business. Both environments require currency exchange software capable of handling the requisite number of currencies, exchange rates, and transaction fees, as well as the post-exchange cash reconciliation and settlement process. The system on the market today designed with all of these requirements in mind is the multi-lingual cash management system, Cash Information Management™ (CIM™). CIM™ offers unparalleled procedural and item-defining configurability options and far greater flexibility than its competitors.
CIM™currency exchange software for multi-currency cash management:
- accepts all currencies
- handles multiple currency exchange rates and transaction fees
- functions in multiple languages
- runs on any PC with Windows 2000 (or a more recent version of Windows) installed
- connects to any peripherals (currency scanners, validators, check encoders, coin sorters, etc.)
- enables high-speed work flow and data processing
- interfaces with host in real time
- tracks inventory levels, cash, and documents in real-time
- supports 16 media categories – cash, checks, credit cards, etc.
- includes customization options for 320 transaction items
- enables data searches at high speed with minimal keystrokes
- provides help text for tellers and customers
- highlights errors and status
- includes online calculator with paste mode
- takes orders 24 hours a day through CIM-Voice™, unattended
- prepares 100 different reports, including volumes, losses, trends, forecasting and planning, and employee performance
- retains a transaction history of up to 10 years
- enables tight security, control, and loss prevention with supervisor-
controlled procedures - requires minimal employee training time
CIM™’s features address the multivariate operational needs of financial institutions and its benefits address their business needs. Foreign exchange booths and currency exchange counters can rely on the power of the multi-lingual CIM™ application suite to achieve their multi-currency cash management goals with speed, efficiency, and security.