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Check verification system

  • US 4,187,498 A
  • Filed: 02/02/1978
  • Issued: 02/05/1980
  • Est. Priority Date: 10/06/1975
  • Status: Expired due to Term
First Claim
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1. Method of verifying the check presentation history of a number of persons who may present various types of checks for acceptance, comprising the steps of:

  • establishing signals corresponding to predetermined categories of checks which each individual customer may desire to present;

    establishing signals corresponding to a predetermined maximum number of checks, for each of said check categories that are predetermined for such individual customer, which will be approved for acceptance if presented by such individual customer within a certain period of time;

    establishing signals corresponding to a separate customer-supplied predetermined personal authorization code for each individual customer;

    at the time of each present request by a customer for acceptance of a particular category of check accompanied by signals corresponding to a customer-furnished possible personal code, initially comparing said possible personal code signals for identity with said predetermined personal code signal for that customer, and if identical;

    comparing said predetermined check category signals with signals corresponding to the particular requested category of check to determine whether the particular requested category of check is one of the categories that was predetermined for that particular customer, and if so;

    comparing said signals corresponding to a predetermined maximum number of checks with signals corresponding to the number of times that particular customer has requested approval of said particular category of check within said certain period of time to determine whether granting the present request for acceptance will exceed said predetermined maximum number of times said particular requested category of check has been approved for acceptance for that particular customer within said certain period of time, and if not;

    providing a signal corresponding to approval of said present request for acceptance.

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