Method and system for processing a financial transaction

Details Method and system for processing a financial transaction Method and system for processing a financial transaction

2007-07-24

2007-07-24

Le, Uyen-Chau N. (Department: 2876)

Registers

Systems controlled by data bearing records

Banking systems

C705S045000

Reexamination Certificate

active

11085694

ABSTRACT:
Convenient, efficient, and cost-effective processing of a financial transaction. Banking customers can drop-off financial transaction requests at any of a plurality of geographically dispersed collection sites that operate on behalf of an expedited mail delivery service. Each collection site can aggregate received transaction requests into a package to be delivered to a transaction processing center via expedited mail delivery. Each transaction request can be contained within an envelope. Utilizing unique identifying insignias on each envelope and package, the location of each envelope and package can be tracked during the expedited mail delivery. Upon receipt, the transaction processing center can process each transaction request.

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