February 7, 2012
 
                                    
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  BUSINESS : Exchange House

e-Enabling information flow between Customer, Exchange House & Bank


Exchange Houses have formed the backbone of money transfers for a long time. They have used the 'over the counter drafts' mechanism successfully in many countries especially the Gulf. However, with growth in technology, people are demanding faster and more convenient modes of sending money.

We at TimesofMoney understand that the needs of an Exchange House are different from any other means of transferring money.

We have developed a unique Exchange House solution, which ensures real time information flow between the Customer, Exchange House and Partner Bank. The solution facilitates credit into the beneficiary's account within an hour. This gives you a competitive edge over all other Exchange Houses/Banks.

That's not all! For customers who want to use the existing Draft method, we provide a user-friendly tool which can be integrated with your Core Banking system and provide for end-end funds tracking mechanism.

For customers who are Internet savvy, we provide an online remittance product using the wire transfer system.

TimesofMoney's 3-pronged strategy ensures you are well equipped to face the changing dynamics of the market and provide complete customer satisfaction.

 


 
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