# CEBS Reviews 2026. Verified Reviews, Pros & Cons | Capterra

> Is CEBS the right Currency Exchange solution for you? Explore 35 verified user reviews from people in industries like yours to make a confident choice.

Source: https://www.capterra.com/p/166114/CEBS/reviews

---

CEBS

4.9 (35)

[View alternatives](https://www.capterra.com/p/166114/CEBS/alternatives/)

Provider data verified by our Software Research team, and reviews moderated by our Reviews Verification team. [Learn more](https://www.capterra.com/our-story/)

* * *

Last updated March 13th, 2026

# Reviews of CEBS

Ease of use

4.9

Customer Service

4.9

## Pros and Cons in Reviews

EE

Elmagboul E

DirectorFinancial Services, 2 - 10 employeesUsed the software for: Less than 6 months.

“The best part is they know in and out of compliance and guides you while they setup the system.“

October 16, 2020

EE

Elmagboul E

DirectorFinancial Services, 2 - 10 employeesUsed the software for: Less than 6 months.

“I will definitely recommend CEBS to others. But the best part is service, I love the way we receive guidance on compliance policies and prcedures.“

October 16, 2020

## Showing most helpful reviews

Showing 1-25 of 35 Reviews

Sort by:

Most Helpful

Rating

Company Size

Reviewer's Role

Length of Use

Frequency of Use

GAA

Gul Agha A.  
Director  
Financial Services  
Used the software for: Less than 6 months

### "CEBS recommended by Prime Currency Exchange "

July 9, 2019

4.0

The overall experience is a very positive one. It meets all the main needs our business has in order to have smooth and efficient transaction flows as well as producing internal reports and calculations.

Pros

I like the user-friendliness of this software that allows us to perform daily transactions very efficiently. Particularly, I like the easy ability to start and complete transactions in a very timely and simple manner, and the ability to search, delete, and view transactions with ease. I also like the ability to customise aspects of the system such as setting limits and AML requirements for different transaction sizes, for business safety.

Cons

The time-out feature can be worked on and improved. This is something that is being worked on for us. The system times out when in the middle of processing transactions, resulting in having to log in again and start the transaction from the beginning.

Alternatives considered

[CurrencyXchanger](https://www.capterra.com/p/79309/CurrencyXchanger/)

Reason for choosing CEBS

We chose CEBS because its price tag was very convenient and to our budget. The system offers the features and services that were needed to trade, for an affordable price which is preferable for a small and newly-launched business like ours. The alternative (CurrencyXchanger) was too expensive in our view. We understood what it offered in terms of extra features, but the price of 7,000 NZD was unjustifiable for us, a new business, when we could have CEBS.

Review Source

Response from Calyx Solutions

July 16, 2019

Thank you Ali for a wonderful review. Our team will work towards satisfying all your requirements. Appreciate your time and kind words. Thank you again.

EE

Elmagboul E.  
Director  
Financial Services  
Used the software for: Less than 6 months

### "I am Happy with the software and the service"

October 16, 2020

5.0

My staff and me are happy with the functionalities like Rates update both automatic as well as setting manually for euro and usd. Compliance is very strong and the system alerts us when we are crossing the threshold. I will definitely recommend CEBS to others. But the best part is service, I love the way we receive guidance on compliance policies and prcedures.

Pros

We were referred to CEBS by one of our friend. Right from the first call, demo, installation and trainings everything was professionally managed. The software fits our needs. We are thinking of subscribing for the rateboard too. The best part is they know in and out of compliance and guides you while they setup the system. We are also subscribing to their Money Transfer software.

Cons

The system is very detailed, for example customer order, we don't need require that. Was hidden for us quickly.

Alternatives considered

[CurrencyXchanger](https://www.capterra.com/p/79309/CurrencyXchanger/)[Money Exchanger](https://www.capterra.com/p/127046/Money-Exchanger/)

Reason for choosing CEBS

Price, and they don't want to come to see us, we are a bit old fashioned.

Review Source

Response from Calyx Solutions

October 21, 2020

Thank you for your kind words. We appreciate your review.

MV

Mario V.  
Director  
Financial Services  
Used the software for: 6-12 months

### "Essential software for SME bureau de change with excellent support"

June 26, 2019

4.0

CEBS provided the essential POS software we needed to start operating. Other, larger providers were either not interested in us small fish SME's, or too pricy. CEBS is very cost efficient and fits very well in the startup setup we are used to. We notice that CEBS is updated frequently with extra functionalities, each version has added very useful extra functionalities.

Pros

Easy to use and understand. Easy to set up. Very handy to have a demo version to start with. Fantastic customer service. New features were added promptly upon request. Easy to personalise receipts, rates screen etc. Another useful feature is the automated check for sactions, PEP's against multiple lists.

Cons

Some initial set up issues. These were fixed by the owner and developers within the timeframe communicated.

Alternatives considered

[Ultrapos](https://www.capterra.com/p/65552/UltraPoS/)

Reason for choosing CEBS

CEBS was a better match to our setup. Both in terms of company size as expenses. CEBS was by far the most value for money.

Review Source

Response from Calyx Solutions

July 3, 2019

Thank you Mario. CEBS team really appreciates your feedback, this will definitely motivate the team to outperform. We will keep on refining CEBS with useful functionalities and reports. Thanks again.

AA

Abdelrazig A.  
Director  
Financial Services  
Used the software for: 2+ years

### "Good Software and customer service"

May 24, 2019

5.0

We are using CEBS for our daily currency accounting, storing customer information and generating reports. CEBS takes care of: 1. Setting up margins 2. Scanning HMRC, EU, UN, OFAC sanctions list 3. Storing customer ids and through many more ways, it helps us comply with the regulatory bodies.

Pros

Our cashiers have been using CEBS for over 6 years now. There had been timely revisions to the software, compliance has got stronger and reporting is outstanding. We can fetch reports asked by accountant as well as regulatory bodies with ease. Whenever we need any changes to the system or even new reports, these are provided to us at earliest possible opportunity. Our team is happy with the software and the monthly reconciliation service we receive. Just to name a few, live rates, HMRC and OFAC sanctions list are updated regularly. And before I forget, we got dedicated operations manager from CEBS so we speak to one person always; not to automated answer machines.

Cons

Reports can be categorised, I cannot think of anything else as of now.

Review Source

Response from Calyx Solutions

May 28, 2019

Thanks a lot for your kind words. This will definitely get the team going.

AS

Ara S.  
Director  
Financial Services  
Used the software for: 2+ years

### "Unbeatable, it's a gem"

July 8, 2019

5.0

Overall experience with CEBS is great. We get help with almost everything, MLR renewals, NCA registration, Policy and Procedures documents. Support also includes Employee training.

Pros

We have been using the Currency Exchange Software for more than 3 years now. We are using the software for everyday transactions. Calculates profit against each selling transaction and reporting is one of the best. The best part is support, rate updates are hourly, Sanctions list updates every couple of weeks. We feel secure with the software.

Cons

Cannot think of any. The software is quite stable. There may be temporary hiccup only if any dependency is not working. For example, they changed the mid market rate provider feed last year, so it took few hours to restore normal service.

Review Source

Response from Calyx Solutions

July 10, 2019

Thanks Ara, you have so kind. Thanks a lot for such a wonderful review. Really appreciate it.

AGR

A G R.  
Director  
Financial Services  
Used the software for: 1-2 years

### "Excellent Service, Quality Product"

June 23, 2020

5.0

CEBS and specially the compliance guidance provided by \[SENSITIVE CONTENT HIDDEN\] of Calyx Solutions is invaluable. With his in depth knowledge he can guide you in right way with what to do and what not to. Sometimes I prefer asking \[SENSITIVE CONTENT HIDDEN\] instead of my outsourced compliance team for help. Calyx team is very timely, punctual and most importantly they listen. All the best to the team.

Pros

We have been using CEBS and other software services provided by Calyx Solutions. Very professional yet friendly support. Doing transactions is easy, updating rates is seamless. Compliance wise it’s the best to suit our Money Service Business sector.

Cons

So far we have been fine with no complaints. Any small hiccups are sorted on priority basis. There was once a bit of delay in third party integration, but we were alright as the end result was sweet.

Review Source

Response from Calyx Solutions

June 24, 2020

Thank you Ram, really appreciate the time you have taken out to write the review. You feedback will help us to come up with more future enhancements.

AM

Aslam M.  
Director  
Financial Services  
Used the software for: 2+ years

### "Reliable currency software"

June 6, 2019

5.0

It's more of personal approach to the service that is received. Always receive help in NCA registration, MLR renewals, generating reports for accountants and regulators.

Pros

I have known Calyx Solutions for around 6 years now. CEBS currency software is well integrated with compliance procedures. Easy to operate, daily backup which gives reliability. Very helpful software and on top of that whenever required the software engineer provides assistance in efficient manner. If in case there are any issues with the software they are sorted out promptly.

Cons

We had some hiccups when the version was upgraded to fully cloud based, but was sorted quickly. No issues whatsoever.

Review Source

Response from Calyx Solutions

June 7, 2019

Thanks a lot for an encouraging and pleasant review. Appreciate it.

WH

Wassim H.  
Director  
Financial Services  
Used the software for: 2+ years

### "Excellent Software, Very good service"

June 3, 2019

5.0

We are very satisfied with the service we receive and intend to continue with CEBS for near future.

Pros

It does what we bought it for. Our accountant is happy with the reports. And even the regulatory bodies during their audits they approved the software to be satisfactory. The My cashiers are using it for over 5 years now and never complained. The best part is we have one point of contact and he is available during our working hours on phone or on WhatsApp.

Cons

The older version which was 3 years back troubled us for once or twice; but never had an issue since the upgrade to web version.

Review Source

Response from Calyx Solutions

June 4, 2019

Thank you for such a nice review. Your kind words will definitely encourage the team to evolve the software in a better way.

AS

AKBAR S.  
DIRECTOR  
Banking  
Used the software for: 2+ years

### "Excellent software"

August 15, 2018

5.0

Excellent and quick customer service. Very user friendly and updated software.

Pros

It is very user friendly, simple to use and provides all the information in a detailed format. The reports generated are easily comprehensible by the accountants. This software was also approved by the HMRC, on their recent visit to our premises. They were satisfied by all the reports it produced and the updated compliance check that the software uses.

Cons

Logs out quickly. Apart from this, there is nothing to complain about the software.

Review Source

Response from Calyx Solutions

August 17, 2018

Thank you for the review Akbar bhai. Your words will boost up team to provide better service in future. We will definitely work on your requirements and try to provide you more refined services in near future.

HS

Hoshang S.  
Director  
Financial Services  
Used the software for: 2+ years

### "Easy to use and trustworthy"

August 9, 2018

5.0

I have been using the system for 4 years and I can definitely recommend it to all the currency service businesses.

Pros

Entering transaction buy/sell is very easy. Stock take and end of day reports are perfect. Web based so there was no installation required. The best part is Service. Usually we don't get any issues, but if we have any or if we need system support, it takes just one phone call for getting help and the issue is resolved. It manages my expenses too.

Cons

This is rare but, if we have no internet then we are unable to access the system. Their is local system which can be installed, but I don't like installation.

Review Source

Response from Calyx Solutions

August 16, 2018

Thank you Hoshang for the review. CEBS team really appreciates your kind words.

mA

maher A.  
Mr  
Wholesale  
Used the software for: Less than 6 months

### "Very good service"

November 28, 2019

5.0

just had it recently and i am happy that gives most of my job needs

Pros

easy to use, It makes all currency in order each single pence, lost and profit is good tips also.

Cons

the use of the software is easy to use and learn

Review Source

Response from Calyx Solutions

November 29, 2019

Thank you Maher, appreciate your kind words. We will keep providing good service in future.

RM

Rayment M.  
ICT Manager  
Financial Services  
Used the software for: Less than 6 months

### "Good software "

December 5, 2019

5.0

We have managed to use CEBS to manage our bureau de change and it meats our expectations

Pros

Up to date features, updates and notifications

Cons

None so far. The software meets our expectations

Review Source

Response from Calyx Solutions

December 6, 2019

Thank you Rayment for your review. Appreciate it.

KK

Kapil K.  
Director  
Financial Services  
Used the software for: 6-12 months

### "Perfectly supports our need"

May 4, 2020

5.0

\[SENSITIVE CONTENT HIDDEN\] and team has been super supportive. We even received part payment facility. We are a small business and while setting up the business even smallest of the expenses can make impact. Team CEBS has been brilliant until today. We definitely recommend CEBS to currency exchange businesses out there.

Pros

We researched a lot of products and gone through various demos. When we came across CEBS, we knew that this is what we were looking for. Being cloud based we can access it when we want to. The support is incredible, almost 24 X 7. We have been impressed with compliance and customer registration functionality.

Cons

We had some hiccups while setting up the Rateboard. But was sorted.

Review Source

Response from Calyx Solutions

May 5, 2020

We appreciate your kind words. This will definitely motivate our team. Thank you.

CP

Chetan P.  
Director  
Retail  
Used the software for: 2+ years

### "It's very simple to use"

August 13, 2017

5.0

It's very simple to use, it updates exchange rates every day, service is upto the standard.

Pros

Easy to Use, reliable CEBS is straight forward, transactions entry and View stock is easy to operate. Reporting is strong. Transactions and shift close reports are printed daily. Updates for the software are done regularly.

Cons

Easy to Use, reliable The only issue we can think of is offline connectivity. CEBS is online and browser based but being in London the internet never goes down. So I cannot think of cons.

Review Source

Response from Calyx Solutions

August 14, 2017

Hi Chetan, thanks a lot for such a wonderful review. We will keep on improving and enhancing CEBS.

AD

Arif D.  
Director  
Financial Services  
Used the software for: 1-2 years

### "Brilliant customer service "

February 1, 2022

5.0

Absolutely satisfied

Pros

It brought alot of changes into my business model for example automation. They have provide an app to all my customers and this takes a lot of burden of my head because my customer find the app very easy to use. The software is also fast.

Cons

There is nothing that can be disliked from my ends

Review Source

Response from Calyx Solutions

February 3, 2022

Thanks Arif, appreciate your kind words. Looking forward to make more changes that will further enhance your operations. Thanks again.

UB

Usman B.  
Director  
Airlines/Aviation  
Used the software for: 2+ years

### "Great Customer Satisfaction "

January 21, 2022

5.0

Excellent tool to rely on. Just set your buy and sell rates- your are ready to go.

Pros

CEBS user friendly software tool becomes very useful to manage n deliver Currency Exchange services to your customers. It provide complete solutions to manage your Currency Exchange platform and CEBS software developers are ready to go an extra mile for customer needs. Fully recommend!!

Cons

Fetching spot rates can be further improved, overall- no issues

Review Source

Response from Calyx Solutions

January 24, 2022

Hello Usman, Thank you for your review and your suggestion. Our team is always happy to receive feedback and recommendations. Thank you again

TC

Tawanda C.  
Founder & CEO  
Financial Services  
Used the software for: Less than 6 months

### "Highly Responsive Customer Support"

November 27, 2019

5.0

Regulatory compliance as well as ease of operation, smart business intelligence, making us quite efficient. The customer service and support from the developers is out of this world, they are very responsive and they keep abreast with all the developments happening in their customer's markets, making them very flexible and great advisors too!

Pros

It's easy to use and has high functionality that meets all regulatory requirements for our type of business and market.

Cons

None at the moment, everything is great but I would love more flexibility to change things around without being locked up into the current design.

Reason for choosing CEBS

When we reached out to a couple of alternative products, CEBS was very responsive and was caring enough to build a relationship with us, it feels more like a friendship now, which is quite great.

Review Source

Response from Calyx Solutions

November 28, 2019

Thank you for your review Tawanda. Our team will be motivated with your unbiased feedback. We will make sure to bring more value to CEBS with constant updates and complying regulations. Thank you.

MR

Mark R.  
Operations Manager  
Financial Services  
Used the software for: Less than 6 months

### "Checks all the boxes"

August 27, 2019

5.0

For Bureau de Change businesses this is the only solution that fitted our our requirements as start-up and will see us through for many years to come. Support is outstanding and second to none compared to all our other ICT service providers.

Pros

Ease of use, reporting, customisation and low entry cost

Cons

Consolidation on multi-branch transactions took some time to develop.

Reason for choosing CEBS

We factored in all the pro's and con's over a period of 3 weeks of looking across the globe and their developer (Vishal) proved to us that their software was beyond comparison taking into account cost, 24/7 back-up, double entry transactions, one-click reporting, customisation etc.

Review Source

Response from Calyx Solutions

August 28, 2019

Thank you Mark for your words of appreciation. I'm sure your review will encourage the team to deliver better features and functionalities in near future. We will continue providing you with quick support as we do now. Thanks again.

BS

Bergsveinn S.  
Director  
Financial Services  
Used the software for: Less than 6 months

### "FX Iceland"

February 4, 2020

5.0

Without the CEBS system FX Iceland would not be in the good position we are today day, business is doing great and we have a good information from the system in order to monitor our business and progress.

Pros

FX Iceland is the first lienced money exchange company outside the trational banks in Iceland. The licence was granted by the FSA of Iceland. FX Iceland mneeded a good and trusty trating platform and we where fortunate to find the CEBS system. It fulfills all our needs and has exceeded all our expectations.

Cons

There has been no issues regarding the operation of the system, we have had few issues regarding the connection to the rate board TV display. All issues have been resolved in a professional manner.

Review Source

Response from Calyx Solutions

February 5, 2020

Thanks a lot for your kind words of appreciation. Our team will be super happy to read your review and it will motivate to keep doing good work. All the best to you and your company.

MM

Mohamed M.  
Director  
Financial Services  
Used the software for: 1-2 years

### "Easy to use and good customer service"

April 13, 2021

5.0

Compliance is covered and training is provided. Customer KYC and transaction limit setting up is straight forward.

Pros

One my staff has got used to the system quickly. Provides the report that our account need. Customer service is spot on.

Cons

Android box used for Rateboard gave issues, but was fixed.

Review Source

Response from Calyx Solutions

April 15, 2021

Thank you Mubassir

RG

Ryan G.  
Technical Director  
Computer & Network Security  
Used the software for: 6-12 months

### "Awesome Product"

February 2, 2020

5.0

Pros

Cebs support and assistance in setting up is awesome.They are quick to respond and assist. Cebs software is easy to use like a DIY.The tutorials are straight forward. The software simplified our manual systems. The software does not require expert knowledge.

Cons

Most of the functionalities in Cebs are what i wanted

Review Source

Response from Calyx Solutions

February 3, 2020

Dear Ryan, thank you for your review. Our team will definitely carry on the good work to provide better functionalities in near future. Thanks.

CR

Chamika R.  
Managing Director  
Financial Services  
Used the software for: Less than 6 months

### "Brilliant currency software and Great customer service"

June 23, 2020

5.0

This product gives you everything you need to run Currency Exchange Business Specially dedicated customer service and help and support is outstanding

Pros

Easy to use and minimum set up time Fast and reliable Customer Due diligent Management Up to date sanction list Training and development Expense and income management and reporting

Cons

This system does not come with Currency notes database

Review Source

Response from Calyx Solutions

June 24, 2020

Thank you for the review Chamika. Appreciate it. WE will be working on the currency denominations, as it is in our to-do list :) As you know we always try to enhance our systems and very soon you will be getting bunch of new functions. Thank you for taking out time and providing your valuable feedback. This will definitely get the team going.

DH

Drisona H.  
Bureau de change  
Financial Services  
Used the software for: 6-12 months

### "Very good "

September 30, 2020

5.0

They are very helpful for anything is easy to use and faster

Pros

The team they are very good in communication for any help I need to use the software

Cons

They have things that need to be improved in the future but at the moment are good they need to be a bit more faster but still very good for the price

Review Source

Response from Calyx Solutions

October 8, 2020

Thank you for your feedback. We will definitely get in touch for any improvements you may suggest in CEBS. Happy to have a discussion over a coffee :)

TM

Tinashe M.  
IT Manager  
Financial Services  
Used the software for: I used a free trial

### "CEBS Bureau de Change: A Game Changer"

November 27, 2019

5.0

Bureau de Change operations and calculating gains on forex exchange business

Pros

The software address all the functionalities of a bureau de change. Calculation of profit is superb. CEBS is customizable to the local financial guidelines and laws. Software linked to AML/CFT screening for UN and EU.

Cons

Too much information on the dashboard which is helpful but it becomes cluttered

Reason for choosing CEBS

CEBS is robust and forex exchange business is management efficiently with all the commissions and gains calculated correctly

Review Source

Response from Calyx Solutions

December 2, 2019

Thanks a lot for the review Tinashe. Appreciate your feedback and will definitely work towards it to make CEBS a perfect fit.

MA

Mohammed A.  
Director  
Financial Services  
Used the software for: 1-2 years

### "A very user friendly software "

August 23, 2018

5.0

Pros

The developer made sure to build a very user friendly interface that can be easily navegated even for users with limited experience in technology

Cons

Too many menues that can be combined under a nesting menu

Review Source

Response from Calyx Solutions

August 28, 2018

Dear Mohammed, Thank you for review. I really appreciate your feedback and will definitely work towards it.

Similar Products

Featured