Solutions | Centralize Banking | Exir foreign exchange

Exir foreign exchange

The "Exir foreign exchange and international trade solution" has been developed to empower Iranian banks, both public and private, to participate in international markets. This system, designed with the expertise of leading managers and specialists in the field, and based on "Tosan"'s technical knowledge, includes modules for letters of credit, forex remittance, commercial remittance, currency buying and selling, forex guarantees, forex bills, credit lines and correspondent bank information, management of various fees, forex accounting, and connectivity with the Central Bank, Sepam, SWIFT, and forex transactions. Exir foreign exchange solution offers unique features such as multilingual support, multi-rate capabilities, and the ability to update rate schedules multiple times a day in primary and secondary markets. It allows for the definition of various international trade products, customizable SWIFT messages for each event, dynamic calculation of all fees for each event, flexible customization of forex processes, dynamic configuration of accounting document templates for each financial event, and the generation of forex reports required by banks for submission to the Central Bank. It facilitates forex operations for the international department and forex branches of banks. Key Features: Support for all processes and operations in international trade Support for incoming and outgoing SWIFT/Sepam messages Automatic fee calculation for transactions Automatic generation of financial documents Compliance with UCP regulations Process verification and validation capabilities Multi-currency, multilingual, and multi-calendar support

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