Web and Mobile Application

Automation and support service for transaction via foreign exchange and money transfer solution

A digital solution for Foreign Remittance Business houses to serve their customers better. The solution aids in easy sourcing of customers and takes the services to the end users’ devices including smart phones and desktops. Customers can easily transact through mobile, web and also visit own or agent branches and process seamless transactions.

FEATURES

KYC Process

Easy onboarding process with user information and integrated options for scanning documents required
for “Know your Customer”.

Documents Management

Store and retrieve KYC documents with ease on a secure cloud storage.

Easy and secure Payments

Send or Receive payments in secured gateway. POLI payment gateway is integrated with the application

Mobile Ready

Get your customers engaged through native mobile apps on iOS and Android. Mobile friendly web application and a progressive web application can also augment your mobile strategy.

API Integration

Integrate with various providers – POLI API for Forex transactions and Lexus/Nexus API for compliance.

Quote and Fix

Customer can check for the currency exchange rate provided and quote for it. On confirmation, they can transfer money based on the fixed rate.

Fees and Charges

Configure transaction fee and commission rates applicable across agents and sender.

Compliance Reports

Generate compliance reports based on the country of origin with Lexus-Nexus API.

Robust Backoffice

Manage your money transfer business at ease with robust back office to manage users, agents, transactions and every aspect of your business.

Rule based Fraud Prevention

Detect and prevent fraudulent transactions with configurable fraud prevention rules.

Agents Management

Onboard and manage agents/sub agents who bring business to you. With multiple users under each agent, operate with ease.

DESIGN PROTOTYPE

Vision Intelligence

City Forex – the automated solution for manage agents, agent contracts, reconciliation, Inter branch transactions and compliance reports. The solution is integrated to third party services including Bank Transfers, Fraud Prevention and Electronic submission of compliance reports makes it a one stop solution for end to end Foreign Remittance solution from Customer Onboarding to Compliance disclosure encompassing Deal Closure, Deal Settlement, Bank Transfers, Reconciliation and Compliance reporting.