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Foreign Exchange Currencies

Foreign Exchange Currencies

A forex rate is a financial account maintained by a bank or other financial institution in which the financial transactions between the bank and a customer are recorded. G7BILL gives you the provision for adding details of your forex rates which you normally use for your daily transactions.

What is a forex rate used for

  1. To easily deposit funds
  2. To easily withdraw funds
  3. To easily manage personal finances.
  4. To secure funds
What does a forex rate contain

A forex rate may contain the following information:
  • The account number, account name, bank name
  • Type of the forex rate
  • & so much more ...
How to Locate Bank Accounts

From your administrative dashboard, on the left main menu navigate to Bank Accounts under Accounts as shown in the below screenshot



What can be done on the forex rates page

Searching or downloading forex rates

To search or download a forex rate, expand Report Statistics & Controls Tab by clicking the plus sign on the tab. You then have to select the criteria you would like to use to search for such as account number, account name, account type among others by choosing it from the drop down where the left arrow is pointing. Enter the search query in the space where the right arrow is pointing and click on either search or download depending on what you would like to do.



Viewing a report about forex rates

You can be able to view more details about forex rates by clicking on the plus button next to the forex rate whose details you are interested in. This will help you know the status of the forex rates, the amount that was paid by the client, the amount that is due, the date when the payment was made, the items that were paid for, the transaction ID among other details.