Method and apparatus to transfer funds online
First Claim
1. A method for transferring funds online, from a customer'"'"'s account at a first financial institution to a beneficiary'"'"'s financial institution comprising:
- receiving transaction information comprising a beneficiary'"'"'s identity, an amount to transfer to a beneficiary'"'"'s account, and the beneficiary'"'"'s financial institution'"'"'s identity;
sending a request to the beneficiary'"'"'s financial institution, said request comprising the beneficiary'"'"'s identity and the amount to transfer to the beneficiary'"'"'s account; and
debiting the customer'"'"'s account at least the amount to transfer to the beneficiary'"'"'s account if the beneficiary is a customer of the beneficiary'"'"'s financial institution.
1 Assignment
0 Petitions
Accused Products
Abstract
A method and apparatus for transferring funds online from a customer'"'"'s account at a first financial institution to a beneficiary'"'"'s financial institution comprises receiving transaction information comprising a beneficiary'"'"'s identity, an amount to transfer to the beneficiary'"'"'s account, and the beneficiary'"'"'s financial institution'"'"'s identity. Sending a request to the beneficiary'"'"'s financial institution, said request comprising the beneficiary'"'"'s identity and the amount to transfer to the beneficiary'"'"'s account, and debiting the customer'"'"'s account at least the amount to transfer to the beneficiary'"'"'s account if the beneficiary is a customer of the beneficiary'"'"'s financial institution.
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Citations
35 Claims
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1. A method for transferring funds online, from a customer'"'"'s account at a first financial institution to a beneficiary'"'"'s financial institution comprising:
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receiving transaction information comprising a beneficiary'"'"'s identity, an amount to transfer to a beneficiary'"'"'s account, and the beneficiary'"'"'s financial institution'"'"'s identity;
sending a request to the beneficiary'"'"'s financial institution, said request comprising the beneficiary'"'"'s identity and the amount to transfer to the beneficiary'"'"'s account; and
debiting the customer'"'"'s account at least the amount to transfer to the beneficiary'"'"'s account if the beneficiary is a customer of the beneficiary'"'"'s financial institution. - View Dependent Claims (2, 3, 4, 5, 6)
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7. A method for transferring funds online, from a customer'"'"'s account at a first financial institution to a beneficiary'"'"'s financial institution comprising:
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receiving a request from the first financial institution, said request comprising a beneficiary'"'"'s identity and the amount to transfer to the beneficiary'"'"'s account;
determining whether the beneficiary is a customer of the beneficiary'"'"'s financial institution;
sending an acknowledgement if the beneficiary is a customer of the beneficiary'"'"'s financial institution; and
crediting the beneficiary'"'"'s account the amount to transfer to the beneficiary if the beneficiary is a customer of the beneficiary'"'"'s financial institution. - View Dependent Claims (8, 9)
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10. An apparatus to transfer funds online, from a customer'"'"'s account at a first financial institution to a beneficiary'"'"'s financial institution, comprising:
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a network device to receive transaction information comprising a beneficiary'"'"'s identity, an amount to transfer to the beneficiary'"'"'s account, and the beneficiary'"'"'s financial institution'"'"'s identity;
a processor coupled to the network device to execute a program said program to send a request to the beneficiary'"'"'s financial institution via the network device, said request comprising the beneficiary'"'"'s identity and the amount to transfer to the beneficiary'"'"'s account, and said program to debit the customer'"'"'s account at least the amount to transfer to the beneficiary'"'"'s account if the beneficiary is a customer of the beneficiary'"'"'s financial institution. - View Dependent Claims (11, 12)
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13. An article of manufacture comprising:
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a machine-accessible medium including instructions that, when executed by a machine, causes the machine to perform operations comprising;
receiving transaction information comprising a beneficiary'"'"'s identity, an amount to transfer to the beneficiary'"'"'s account, and the beneficiary'"'"'s financial institution'"'"'s identity;
sending a request to the beneficiary'"'"'s financial institution, said request comprising the beneficiary'"'"'s identity and the amount to transfer to the beneficiary'"'"'s account; and
debiting the customer'"'"'s account at least the amount to transfer to the beneficiary'"'"'s account if the beneficiary is a customer of the beneficiary'"'"'s financial institution. - View Dependent Claims (14)
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15. An article of manufacture comprising:
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a machine-accessible medium including instructions that, when executed by a machine, causes the machine to perform operations comprising;
receiving a request from a first financial institution, said request comprising the beneficiary'"'"'s identity and the amount to transfer to the beneficiary'"'"'s account;
determining whether the beneficiary is a customer of the beneficiary'"'"'s financial institution;
sending an acknowledgement if the beneficiary is a customer of the beneficiary'"'"'s financial institution; and
crediting the beneficiary'"'"'s account the amount to transfer to the beneficiary if the beneficiary is a customer of the beneficiary'"'"'s financial institution. - View Dependent Claims (16, 17)
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18. A method for transferring funds online, between a first financial institution and a beneficiary'"'"'s financial institution, comprising:
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sending a first customer list of the first financial institution to the beneficiary'"'"'s financial institution;
receiving a second customer list from the beneficiary'"'"'s financial institution;
receiving transaction information comprising a beneficiary'"'"'s identity, an amount to transfer to the beneficiary'"'"'s account, and the beneficiary'"'"'s financial institution'"'"'s identity;
searching the first and the second customer lists to determine if the beneficiary'"'"'s identity is on at least one of the first customer list and the second customer list; and
debiting the customer'"'"'s account at least the amount to transfer to the beneficiary'"'"'s account if the beneficiary'"'"'s identity is on at least one of the first customer list and the second customer list. - View Dependent Claims (19, 20, 21, 22, 23, 24)
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25. A method for transferring funds online, between a first financial institution and a beneficiary'"'"'s financial institution, comprising:
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receiving a first customer list including customer names of the first financial institution;
sending a second customer list including customer names of the beneficiary'"'"'s financial institution to the first financial institution;
receiving an amount to deposit in the beneficiary'"'"'s account from the first financial institution; and
crediting the beneficiary'"'"'s account with the amount to deposit in the beneficiary'"'"'s account. - View Dependent Claims (26, 27)
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28. An apparatus to transfer funds online, between a first financial institution and a beneficiary'"'"'s financial institution, comprising:
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a network device to send a first customer list of the first financial institution to the beneficiary'"'"'s financial institution, to receive a second customer list from the beneficiary'"'"'s financial institution, and to receive transaction information, said transaction information comprising a beneficiary'"'"'s identity, an amount to transfer to the beneficiary'"'"'s account, and the beneficiary'"'"'s financial institution'"'"'s identity a processor coupled to the network device to search the first and the second customer list to determine if the beneficiary'"'"'s identity is on at least one of the first customer list and the second customer list, and said processor to debit the customer'"'"'s account at least an amount the amount to transfer to the beneficiary'"'"'s account if the beneficiary'"'"'s identity is on at least one of the first customer list and the second customer list. - View Dependent Claims (29, 30)
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31. An article of manufacture comprising:
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a machine-accessible medium including instructions that, when executed by a machine, causes the machine to perform operations comprising sending a first customer list of the first financial institution to the beneficiary'"'"'s financial institution;
receiving a second customer list from the beneficiary'"'"'s financial institution;
receiving transaction information comprising a beneficiary'"'"'s identity, an amount to transfer to the beneficiary'"'"'s account, and the beneficiary'"'"'s financial institution'"'"'s identity;
searching the first and the second customer lists to determine if the beneficiary'"'"'s identity is on at least one of the first customer list and the second customer list; and
debiting the customer'"'"'s account at least the amount to transfer to the beneficiary'"'"'s account if the beneficiary'"'"'s identity is on at least one of the first customer list and the second customer list. - View Dependent Claims (32, 33, 34, 35)
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Specification