System and method to create electronic deposit records and to track the status of a deposit
First Claim
1. A method of making, tracking and confirming the receipt of bank deposits by a user to a financial institution comprising;
- accessing a user account on a database, entering deposit information on said database to create an electronic deposit record, said information comprising the amount of the intended deposit;
encoding said deposit information in a machine readable format to create a code;
associating said encoded deposit information in close proximity with a deposit creating a deposit package;
transmitting said deposit package to a financial institution; and
reading said code thereby creating a signal and transmitting said signal to said database and updating information in said database from said reading thereby providing further information regarding the status of said deposit.
2 Assignments
0 Petitions
Accused Products
Abstract
A method of making, tracking and confirming the receipt of bank deposits by a user to a financial institution is disclosed. The method includes first accessing a user account on a database, entering deposit information including the account number and amount of the intended deposit on the database to create an electronic deposit record, and then encoding the deposit information in a machine readable format. The information is then associated with the encoded deposit information in close proximity with the deposit, creating a deposit package. The package is then transmitted to a financial institution or armored car carrier where the machine readable encoded deposit information is read and transmitted to a database that contains information about the account and status of the deposit.
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Citations
31 Claims
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1. A method of making, tracking and confirming the receipt of bank deposits by a user to a financial institution comprising;
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accessing a user account on a database, entering deposit information on said database to create an electronic deposit record, said information comprising the amount of the intended deposit;
encoding said deposit information in a machine readable format to create a code;
associating said encoded deposit information in close proximity with a deposit creating a deposit package;
transmitting said deposit package to a financial institution; and
reading said code thereby creating a signal and transmitting said signal to said database and updating information in said database from said reading thereby providing further information regarding the status of said deposit. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12)
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13. A system for making, tracking and confirming the receipt of bank deposits comprising;
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data input means for inputting data relating to a deposit transaction;
a plurality of computer processors including a central processor at least one memory for storing data relating to deposit transactions;
a communication link between said processors and said memory means to create machine readable code from said data relating to a deposit transaction;
code reading means for reading said machine readable code thereby creating a signal and a processor for processing said signal and for transmitting said digital signal to said central processor. - View Dependent Claims (14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31)
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Specification