CXI has found that a well-run foreign currency exchange program not only opens the door for businesses to gain income by providing foreign exchange for their customer, it also adds value to what their other business offerings. Be it a hotel giving their guest some much needed shopping money or a travel agency being able to save their customer from searching elsewhere to fill their pockets with travel cash, all parties can benefit from the interaction. CXI enables businesses to buy and sell foreign currencies at their location, which can help support local businesses by allowing international travelers to quickly, safely and conveniently convert their foreign currency into US Dollars to spend locally.
As a specialist in foreign currency exchange – it is all we do – CXI can help increase revenue and attract new customers to you. CXI uses its expertise in the field to create relationships that increase customer profits by offering extremely competitive rates. CXI’s proprietary software, CEIFX, automates the foreign currency exchange process with customizable setups and its Compliance Verification System (CVS) is built at the software's core to ensure compliance with all current federal regulations.
CXI's CEIFX software offers expanded compliance resources and an increased level of comfort when conducting foreign currency exchange transacting by incorporating its CVS to the core of the software. The powerful CVS allows for live compliance checks of regulatory watch lists, easy to review matches, live-stop capabilities, branch hopper aggregation, and robust compliance reporting. This complete compliance integration within CEIFX has been designed to allow all parties involved to comply with and facilitate all foreign currency regulations set forth by the USA PATRIOT Act, OFAC, and the Bank Secrecy Act on a real-time basis.
CXI is proud to support our partners and improve their businesses in a variety of ways. In addition to providing partners with the CEIFX platform and daily-updated exchange rates, CXI supports partners with training, location signage through our marketing support and customer support line. One of the most significant way CXI helps partners to grow their business is by providing customers with a huge variety of marketing material, such as digital rate boards, signage and graphics support. These materials vary based on individual location needs and are highly effective in generating additional business and revenue.
As one of North America's largest foreign banknote providers, we recognize that every business has different needs and CXI is able to deliver the best foreign currency solution for every type of relationship a business could need. Our services are highly customizable to suit each situation and setups can be mixed.
An example at one CXI client is their high traffic branches are holding foreign currency inventory to help capture more transactions. The system allows the client to easily manage their inventory position by tracking their own customer transactions as well as sell-offs to CXI in real-time. Other businesses such as hotels are only buying currency from guests and need to lock-in the exchange with CXI immediately to remove any rate fluctuation risk. This process is streamlined in CEIFX and ensures full payment upon receipt of the funds.
Inventory on Consignment (Decentralized)
Contact a dedicated account manager to conduct a business review of your specific situation. CXI takes the time to build the right setup for every relationship fully understanding the challenges that need to be addressed and identifying additional opportunities to create operational and financial efficiencies. Businesses find CXI's solutions are easy to manage and implement.