Global Patent Index - EP 1036381 A1

EP 1036381 A1 20000920 - METHOD AND APPARATUS FOR MONEY TRANSFERS

Title (en)

METHOD AND APPARATUS FOR MONEY TRANSFERS

Title (de)

VERFAHREN UND VORRICHTUNG ZUR GELDÜBERTRAGUNG

Title (fr)

PROCEDE ET APPAREIL DE TRANSFERTS D'ARGENT

Publication

EP 1036381 A1 20000920 (EN)

Application

EP 98955790 A 19981126

Priority

  • GB 9803537 W 19981126
  • GB 9725430 A 19971201

Abstract (en)

[origin: GB2331822A] A money transfer system comprises remote terminals (10) for receiving transfer request information from a transferor (14). If the transferor is a new customer, a central server (12) generates a new party identifier code (PIC) using a secure postal printer (16), to send the PIC to the transferor independently of the communication with the terminal (10). The PIC will be re-used for subsequent transfers from the transferor. For each transaction, the server (12) allocates a unique transaction code (UTC) which is outputted to the transferor at the terminal (10). The server also generates money transfer instructions (22) communicated to the remote money handling authorities (28). The instructions include the existing or newly allocated PIC, and a verification code (TVC) related to the UTC, but insufficient to enable the UTC to be deduced therefrom. It is the transferor's responsibility to communicate the UTC and the PIC to the transferee (18), preferably by separate routes for security. If the parties have taken part in a previous transfer, then the transferee will already know the PIC from the previous transfer. The transferee can pick up the money from the bank upon presentation of the correct PIC and UTC matching the information in the money transfer instructions.

IPC 1-7

G07F 7/10

IPC 8 full level

G06Q 20/00 (2012.01); G07F 7/10 (2006.01)

IPC 8 main group level

G07F (2006.01); H04L (2006.01)

CPC (source: EP)

G06Q 20/04 (2013.01); G06Q 20/10 (2013.01); G06Q 20/341 (2013.01); G06Q 20/385 (2013.01); G06Q 20/4093 (2013.01); G06Q 20/425 (2013.01); G07F 7/1008 (2013.01)

Designated contracting state (EPC)

DE ES FR GB IT NL

DOCDB simple family (publication)

GB 2331822 A 19990602; GB 2331822 A9; GB 2331822 B 20020417; GB 9725430 D0 19980128; AU 1251599 A 19990616; AU 742367 B2 20020103; EP 1036381 A1 20000920; GB 0121971 D0 20011031; GB 2363664 A 20020102; GB 2363664 B 20020417; HK 1042390 A1 20020809; HK 1042390 B 20030110; WO 9928872 A2 19990610; WO 9928872 A8 19990729

DOCDB simple family (application)

GB 9725430 A 19971201; AU 1251599 A 19981126; EP 98955790 A 19981126; GB 0121971 A 19971201; GB 9803537 W 19981126; HK 02103312 A 20020502