Patent ID: 11887067
Assignee: MASTERCARD INTERNATIONAL INCORPORATED
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 7:
8. A method comprising:
receiving, from an originating bank in a first country, a first ACH (automated clearing house) transaction by a sponsor bank located in a second country different from the first country to transfer funds from an account at the originating bank to a recipient's account at a receiving bank in the second country, the first ACH transaction being received by a first international ACH system that operates internationally, the first ACH transaction including addressing messaging indicating the receiving bank in the second country and the recipient's account to be benefitted from a second ACH transaction, with a settlement of the funds transferred from the originating bank in the first country to the sponsor bank in the second country being independently performed by the first international ACH system; and
executing, in response to receiving the first ACH transaction from the originating bank in the first country to transfer funds from the account at the originating bank to the recipient's account number at the receiving bank in the second country, a second ACH transaction from the sponsor bank to the receiving bank in the second country, and the second ACH transaction is executed by a second domestic ACH system operative in the second country and different from the first international ACH system, wherein the receiving of the first ACH transaction and the executing of the second ACH transaction are performed by a computer operated by the sponsor bank in the second country, with a settlement of the funds transferred from the sponsor bank in the second country and the receiving bank in the second country being independently performed by the second domestic ACH system.