Registers – Systems controlled by data bearing records – Banking systems
Patent
1996-05-15
1997-11-25
Hajec, Donald T.
Registers
Systems controlled by data bearing records
Banking systems
364406, 364408, G06F 1760, G06F 1530
Patent
active
056915241
ABSTRACT:
Disclosed are an improved electronic check presentment ("ECP") system having a non-ECP exceptions notification system incorporated therein and a method of electronically communicating data pertaining to non-ECP exceptions. The method, for use by a presenting bank and a payor bank having check presentment systems between which data related to checks may be electronically transmitted, comprises the steps of: (1) electronically transmitting, from the presenting bank to the payor bank, predetermined presentment information relating to the checks and permitting a determination by the payor bank as to which of the checks are properly payable by the payor bank, (2) comparing records of an exceptions file with records of a receive control file, the exceptions file capable of containing records subject to both ECP and non-ECP exceptions to thereby produce an electronic file of the which of the checks are properly payable by the payor bank and (3) electronically transmitting the electronic file to the presenting bank to thereby provide advance electronic return notification of both ECP and non-ECP exceptions to checks presented by the presenting bank to the payor bank.
REFERENCES:
patent: 4264808 (1981-04-01), Owens et al.
patent: 4270042 (1981-05-01), Case
patent: 4523330 (1985-06-01), Cain
patent: 4694397 (1987-09-01), Grant et al.
patent: 4823264 (1989-04-01), Deming
patent: 4948174 (1990-08-01), Thomson et al.
patent: 4974878 (1990-12-01), Josephson
patent: 5038283 (1991-08-01), Caveney
patent: 5121945 (1992-06-01), Thomson et al.
patent: 5237159 (1993-08-01), Stephens et al.
patent: 5265007 (1993-11-01), Barnhard, Jr. et al.
patent: 5373550 (1994-12-01), Campbell et al.
patent: 5412190 (1995-05-01), Josephson et al.
"V Series Item Processing System Tape Input/Output Module", Unisys brochure, 5 pages.
Hajec Donald T.
J.D. Carreker and Associates, Inc.
Rodriguez Douglas X.
LandOfFree
Electronic check presentment system having a non-ECP exceptions does not yet have a rating. At this time, there are no reviews or comments for this patent.
If you have personal experience with Electronic check presentment system having a non-ECP exceptions , we encourage you to share that experience with our LandOfFree.com community. Your opinion is very important and Electronic check presentment system having a non-ECP exceptions will most certainly appreciate the feedback.
Profile ID: LFUS-PAI-O-2108889