Money transfer systems and methods for travelers

Details Money transfer systems and methods for travelers Money transfer systems and methods for travelers

2007-06-12

2007-06-12

Stcyr, Daniel (Department: 2876)

Registers

Systems controlled by data bearing records

Banking systems

C235S380000

Reexamination Certificate

active

11467465

ABSTRACT:
One method involves payment of money to a recipient traveling to one or more foreign countries by entering into a remote computer money transfer information from a sender. The money transfer information comprises recipient identification information, at least one country where the money is to be received, and a payment amount in an originating currency. The money transfer information is transmitted to a host computer system. When ready to receive payment in the designated country, recipient identification information along with a request to withdraw a portion of a possible payment amount is entered into a payout computer. The recipient identification information and the request to withdraw is transmitted to a host computer system, and the requested withdrawal is provided to the recipient in the local currency.

REFERENCES:
patent: 5448043 (1995-09-01), Nakano et al.
patent: 5937396 (1999-08-01), Konya
patent: 6206283 (2001-03-01), Bansal et al.
patent: 6415271 (2002-07-01), Turk et al.
patent: 6814282 (2004-11-01), Seifert et al.

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