Money Exchange Soft

Moneyexchangesoft™ designed and developed by Oomsys™ technologies provides innovative IT solutions to global customers from 1999.

All in one secure solution for your Exchange & remittance solution

Frequently Asked Questions

Do Money exchange soft Alert based on customer profiling Volume Wise?

YES, its automatically alert and display in the right side with details.


Do Money exchange soft Alert based on customer profiling Value Wise?

YES, its automatically alert and display in the top right with details.


Do money changer software has Customer Profile Functionality?

Yes, it has different level of customer profiling and on going due diligence


Do this money changer software do all kind of Risk profiling or RBA?

YES, its satisfied all the necessary RBA.


Is this software compliance with BNM (Bank Negara Malaysia) Guideline?

Yes, this software is 100% compliance with Bank Negara Malaysia.


Is this software compliance with AML/CFT Guideline of Malaysia?

Yes, this is fully compliance with anti money laundering regulation of Malaysia and also other countries.


Is this software compliance with AML/BSA Guideline of USA?

Yes, this is fully compliance with anti money laundering regulation of USA and also other countries.


Is this software compliance with MLRof UK?

Yes, this is fully compliance with UK Money laundering Guidance and also other countries.


Is this software compliance with AML/KYC compliance for India ?

Yes, this is fully compliance with AML/KYC compliance for India and also for other countries.


Is this software compliance with European AML/MLR ?

Yes, this is fully compliance all the European countries Anti money laundering regulation.


Is this software compliance with Singapore AML/MLR guidance?

Yes, this is fully compliance all the Singapore AML/KYC Guidance.


Is this software compliance with AML/CFT Guideline for New Zealand?

Yes, this is fully compliance with AML/CFT Guideline for New Zealand.


Is this software compliance with AML/CFT and FSC compliance for Ireland?

YES, AML/CFT and FSC compliance for Ireland is fully incorporated with this money changing software.


Is this software compliance with AML/CFT compliance for Hong Kong?

YES, AML/CFT compliance for Hong Kong is fully incorporated with this money exchange software.


How to set the user rights to different section?

Admin user can set the different rights to different section, for example Counter/Teller staffs can be set access to Retail transaction screen and also different user can be given editing or deleting rights if necessary.


Do this money exchange software allow to manage branches ?

YES, This software mange Branches, Branch Address, Branch Accounts, Branch based other settings like Commission, Payment modes and other settings related branch. And its linked with other modules with these branches.


Can we maintain branch based bank accounts?

YES, you can manage bank accounts based on branches or head office.


Can we manage different customer type in this money exchange software?

Yes, you can have different Customer Type like Walkin customer, Retail Customer, Licensed Money Exchange, Licensed wholesale customer, Bank, FFMC, Others.


Can we manage different customer type RBA in this money exchange software?

Yes, you can have Risk Based Assessment for different Customer.


Can we set different approval level for different risk level ?

YES, This is an important screen in this software where the most important AML setting is grouped and set the data and document collection and other process like Approval/Audit.


Can i do the RBA to each branch ?

You can do the Setting the RBA to each branch, also for each type of RBA you can set the risk scores.


Can i do the Black list check in real time ?

YES, The blacklisted check or sanctions list check to check high quality risk intelligence to support your Know Your Customer (KYC) and Know Your Business (KYB) processes.


Do this software check PEP’s ?

YES, Our software has features to check Foreign PEP or Local PEP’s (politically exposed person) to streamlines the due diligence process with fast, accurate anti-money laundering (AML) and financing of terrorism checks.


Do you have compliance monitor auto loader?

Yes the compliance monitor will help the compliance officer to monitor and manage the compliance. This section will be an auto loading of exchange from all or selected branches.


Do this software check AML, RBA and STR check in retail transaction screen?

This is an intelligent retail transaction or exchange transaction screen which dynamically mange all the AML, RBA, STR and other internal and compliance base controls and management.


Do this software automatically control the CDD or ECDD process?

While the transaction automatically the CDD or ECDD based data or and document collection must be triggered and the staffs will be guided through by popup and the system make them to enter data.


Is this money exchange system guide the teller staffs for ECDD Compliance?

While the transaction automatically the ECDD (Enhance Customer Due diligence) based data or and document collection must be triggered and the staffs will be guided through by popup and the system make them to enter data.


Do this software accept live exchange rate?

This module provides an interface to fetch Live Exchange Rates or set Fixed Exchange Rates for a given branch(es) including the setting of Buy/ Sell margin limits in amount and percentage.


Is there any display board function?

Yes, The digital and dynamic display board which showcases the rates of exchange between currencies being dealt with at the branch with both buy and sell rates.


How the AML or CFT compliance are working?

As per the AML/CFT we can set Credit Limit, Document Type , Verification and Approval Level for the Customers based on the CDD, ECDD which is 100 % Dynamic and Customisable by the Compliance officer for the future Enhancement of the Compliance ( MSB) on a Timely Manner.


What are the RBA the software focus?

As per the AML/CFT , system has the Several Parameters to identify the Customer risk Using the switch Mode you can do RBA based Customisation on a) Customer Type b)Currency type c) Risk Based Countries d) Volume (Frequency of the Transaction for the Aggregation of 30 day) , e) Occupation , Purpose of Transaction , f) Source of Fund g) Credit Limit , h) Block Listed Customer i) Suspicious and interaction Mode can be set as a Branch and which is 100 % Dynamic and Customisable by the Compliance officer for the future Enhancement of the Compliance ( MSB) on a Timely Manner.


Do this software allow counter to counter transaction?

YES, the money exchange software allow counter to counter transaction with or without approval.


Do this software allow branch to branch transaction?

YES, the money exchange software allow branch to branch transaction with or without approval.


Do this money changer software allow day closing feature?

YES, this money exchange software allow counter staff or teller staffs to close the daily process and transfer to the master account of the particular branch.


Do you have Profit and loss report?

YES, you have a report manager where you can have number of reports which can be filter by date, currency, branch, teller staff and few more.


Is this software generate reports which requested by Central bank of my country?

YES, you have most of the central bank requested reports like FCA Reports, BNM Reports, RBA Reports and other central banks reports.


Money exchange software demo

Money exchange software or Money changer software which is a centralized solution to enable any number of business and its branches can provide its money changing services through money exchange associations or by the central banks or its affiliates.



Money exchange software of OOmsys MSB System CDD Requirements - Money changing customer due diligence process



Money exchange software enhanced customer due diligence process, or money changing ECDD process.



Money exchange reports or money changer reports enable providing necessary reports including for yor central bank.