EP 1559044 A4 20071107 - METHOD AND SYSTEM FOR MANAGING FINACIAL TRANSACTIONS
Title (en)
METHOD AND SYSTEM FOR MANAGING FINACIAL TRANSACTIONS
Title (de)
VERFAHREN UND SYSTEM ZUR VERWALTUNG VON FINANZTRANSAKTIONEN
Title (fr)
PROCEDE ET SYSTEME DE GESTION DE TRANSACTIONS FINANCIERES
Publication
Application
Priority
- US 0332124 W 20031007
- US 41666302 P 20021007
Abstract (en)
[origin: WO2004034222A2] A method of processing a cash transfer by or on behalf of a first entity to a bank account of a second entity comprises receiving information related to the cash transfer and formatting the information into one of a plurality of formats based, at least in part, on a location of the bank account. The information may be formatted into a NACHA format, if the bank account is in the United States, or a UN/EDIFACT format, if the bank account is not in the U.S. Information related to the country where the bank account is located may be added to the formatted information, to facilitate and enable clearance and settlement of funds in that country. A clearing network may be selected for the clearance and settlement of he funds. Information about the second entity may be previously received and stored in memory, for comparison to currently received information about the second entity in a current transaction, to detect fraud. Systems are disclosed, as well.
IPC 1-7
IPC 8 full level
G06Q 20/00 (2012.01); G06Q 30/00 (2012.01); G06Q 40/00 (2012.01)
CPC (source: EP)
G06Q 20/02 (2013.01); G06Q 20/023 (2013.01); G06Q 20/04 (2013.01); G06Q 30/06 (2013.01); G06Q 40/02 (2013.01)
Citation (search report)
- No Search
- See references of WO 2004034222A2
Designated contracting state (EPC)
AT BE BG CH CY CZ DE DK EE ES FI FR GB GR HU IE IT LI LU MC NL PT RO SE SI SK TR
DOCDB simple family (publication)
WO 2004034222 A2 20040422; WO 2004034222 A3 20040603; WO 2004034222 A9 20040708; AU 2003282567 A1 20040504; AU 2003282567 A8 20040504; CA 2501646 A1 20040422; EP 1559044 A2 20050803; EP 1559044 A4 20071107
DOCDB simple family (application)
US 0332124 W 20031007; AU 2003282567 A 20031007; CA 2501646 A 20031007; EP 03774754 A 20031007