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System and method for transferring money

  • US 20050209958A1
  • Filed: 03/17/2004
  • Published: 09/22/2005
  • Est. Priority Date: 03/17/2004
  • Status: Active Grant
First Claim
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1. A system for transferring money between a sender and a recipient, comprising:

  • an initiating terminal for initiating the transfer of money;

    a database for storing account information of senders and recipients, and for relating account information of a sender to account information of one or more associated recipients so that, in response to a request at the initiating terminal from the sender, account information for the associated recipients may be provided to the initiating terminal in order to facilitate the transfer of money from the sender to one or more of the associated recipients.

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