Patent ID: 8239319
Filing Date: 2012-08-07
Classification: G06Q

Abstract:
1. A computerized method for transferring money, the method comprising: receiving at a host computer system from a point of sale device transactional information that comprises information on a bank account that is to receive the money, wherein: storing the transaction information at the host computer system; determining if the transaction identifier is a first length of digits, whereby the identifier is a complete transaction identifier if it is the first length of digits; determining if the transaction identifier is a second length of digits; if the transaction identifier is the second length of digits, creating the complete transaction identifier of the first length of digits using: transmitting at least the complete transaction identifier to an intermediary computer system that is configured to interact with a plurality of banking networks in different countries; determining with the intermediary computer system which one of the banking networks is associated with the bank account that is to receive the money; and transmitting a request from the intermediary computer network to a local banking network information on the bank account that is to receive the money and an amount of money to deposit.