Patent ID: 11907957
Assignee: nan
Field: IT methods for management (Electrical engineering)
Classification: CPC G | IPC G

Claim 6:
7. A computerized method to verify a check, comprising:
receiving, from a check issuer computer system of a checking account holder at a payer financial institution, first check information comprising: a first routing number, a first account number, a first check number, and a first dollar amount associated with an issued check;
receiving, from a computer system of a payee financial institution, second check information comprising a second routing number, a second account number, a second check number, and a second dollar amount from a received paper check, at least one of the second routing number, the second account number, the second check number, the second dollar amount, or a combination thereof electronically read by an electronic device at the payee financial institution, and the check issuer computer system, and the computer system of the payee financial institution being independent of one another;
verifying that the first check information matches the second check information;
sending, to the computer system of the payee financial institution in response to verifying the first check information matches the second check information, a verification message indicating that the first check information matches the second check information;
informing the computer system of the payee financial institution that an entity has made an inquiry when the second routing number, the second account number, the second check number and the second dollar amount are received from the computer system of the payee financial institution;
receiving an indicator from the payer financial institution after the issued check has cleared in the payer financial institution; and
informing the computer system of the payee financial institution after the issued check has cleared.