Patent ID: 11915227
Assignee: THE TORONTO-DOMINION BANK
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 0:
1. A computing system, comprising:
a processor; and
a memory coupled to the processor, the memory storing computer-executable instructions that, when executed by the processor, cause the processor to:
configure a value transfer card to be associated with a default currency account and one or more foreign currency accounts;
receive input including a selection of at least one of the one or more foreign currency accounts and a card control setting to be applied for the value transfer card in connection with the selected at least one foreign currency account;
detect a first transaction initiated using the value transfer card at an automatic teller machine (ATM) or a point-of-sale (POS), wherein the detecting includes receiving a request to process the first transaction in a first currency associated with the selected at least one foreign currency account;
determine, in real-time, that the first transaction results in violation of the card control setting for the value transfer card; and
in response to determining that the first transaction results in violation of the card control setting for the value transfer card:
query, in real-time, an exchange rates database to obtain a current exchange rate between the first currency and a second currency associated with a second one of the currency accounts; and
process the first transaction using the second currency account and the current exchange rate.