CEBS

What is CEBS?

CEBS is a comprehensive multi-currency accounting software designed to cater to the unique needs of foreign currency exchange bureaus. It enables these organizations to manage the entire lifecycle of exchange transactions, from customer onboarding to cash management and treasury operations

Highlights

• Compliance Monitoring: Automatically screens customer names against sanction lists (HMRC, EU, UN, OFAC SDN) and alerts cashiers to request valid ID documents, including expiration tracking
• Operational Efficiency: Provides real-time insights on profit margins, stock levels, and transaction history, with customizable reporting to support accounting and decision-making
• Integrated Security: Maintains customer data privacy by carefully vetting third-party integrations and hosting options, with servers located in the UK or client's country
• Comprehensive Training: Offers extensive training to ensure staff are well-versed in all system functionalities, from customer registration to anti-money laundering thresholds and profit calculations.