Digitalize Money Service Business
Wholesale Bank Note is a very specialized business as it involves physical trading of currencies and for wholesale bank/corporate clients (at low margins). The trading also includes the physical import & export of foreign currencies from Domestic and Overseas market. This nature of business requires efficient management of the trading desk for dealers to make more informed while trading as currency exchange rates are highly volatile and margins are low. Dealers requires a holistic view of inventory at branch and at enterprise level to ensure the availability of stock prior to deal booking. The value of wholesale deal transactions are generally on the higher side and requires approval workflow, limit management and strict screening process to meet compliance requirements.