"With Biz4x, money changers can record transactions, generate stock and profit reports, monitor FX rates, run KYC compliance checks, and accept online customer bookings. "
Biz4x is an integrated platform for money services businesses (money exchange, currency exchange, bureau de change, or money changers) to manage all aspects of their business. Through Biz4x, money service operators can:
Biz4x is available both as a web app and on mobile (Android, iOS). It is used by money service businesses in more than 30 different countries.
Record all stock of currencies and customer transactions
Generate management and regulatory reports (stock, profit-loss etc)
Conduct customer screening through a compliance database (AML, PEP, sanctions, SDN, US OFAC, etc)
Monitor and track real-time FX rates for all major currency pairs
Create customised rateboards and publish them online or to physical rateboards
Accept customer bookings on retail exchange rates
Automated rate update by predetermined profit margin
Support for multiple branches and permissions for different user roles
Engage in wholesale banknotes trading
Data APIs for system integration
Yes, Biz4x offers help support in all regions of the world through chat, email, phone and in-person troubleshooting.
Detailed How-To guides walk the user through the set-up and use of Biz4x for daily operations.
Biz4x provides live FX and compliance APIs so you can integrate quality data into your own in-house systems.
Money service businesses use Biz4x to manage all aspects of their currency exchange operations. The platform provides them with real-time market and compliance data, a point-of-sale system for recording cost, amount of stock,customer transactions and a means of acquiring new customers online. Through Biz4x, money services businesses can conduct wholesale trading of banknotes among their peers.
Professional services and fintechs often use Biz4x Compliance for their risk assessment and management.
Biz4x is available as a web app and can be used on Google Chrome, Safari, Microsoft Edge. The Biz4x mobile app can be downloaded on Google Play or the App Store.
Money services businesses such as bureaux de change, currency exchanges and money exchanges use Biz4x for all their business management needs.
Biz4x Compliance is also used by accounting firms, lawyers, corporate secretaries and fintechs.
Biz4x can be set-up on multiple branches, and managed through a single console. This allows each retail branch to maintain their own set of Buy/Sell rates, currency set-up, reporting and data.
Users can be assigned to different roles (Teller, Compliance Officer, Manager, Owner) with varying levels of permissions. In addition, custom roles can be created for individuals.