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Forex cashier

Roles & Responsibilities

  • Degree
  • 2 years of experience in forex or cashier/remittance role
  • Knowledge of foreign exchange operations and remittance processes
  • Proficiency in computer and telephone operations; strong customer service skills

Requirements:

  • Execute foreign currency transactions for clients; establish local exchange rates based on market fluctuations and communicate rates to staff; advise international clients on market movements
  • Perform administrative tasks such as filing, generating reports, and maintaining mail correspondence; provide over-the-counter and phone support to customers
  • Maintain cash float and balance/reconcile; prepare the daily End of Day sheet
  • Post and balance electronic and manual remittance payments; manage remittance postings to accounts; utilize computer and telephone operations

Job description

Executes foreign currency transactions for clients. Establishes local exchange rates for retail customers based on market fluctuations; communicates rates to and directs other staff accordingly. Advises international clients on foreign markets and fluctuations.What is the role of a cashier in foreign exchange?Performs administrative tasks such as filing, generating reports and maintaining mail correspondence. Provides support and information to customers, over the counter and by phone. Maintains a cash float and follows balancing and reconciling procedures; prepares daily 'End of Day' sheet at the close of each business day.

What are the duties of remittance cashier?

Performs daily electronic remittance with posting to accounts. The basic function is to post and balance all payments both electronically and manually. Knowledge of computer and telephone operations.

What is the role of foreign exchange?

The main function of foreign exchange is to transfer money between countries. The foreign bill of exchange is the instrument normally used. The instrument most in use in foreign payments is the Telegraphic Transfer (T. T).

Qualification: Degree

Experience : 2 Yr

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