Patent ID: 8444050
Filing Date: 2013-05-21
Classification: G06Q,G07F

Abstract:
1. A method comprising: receiving, from a deposit location during a single deposit transaction, information associated with a first deposit item in the single deposit transaction comprising a first actual deposit amount and a first drawer account on which the first deposit item is drawn; receiving, from the deposit location during the single deposit transaction, information associated with a second deposit item in the single deposit transaction comprising a second actual deposit amount; calculating the total deposit amount as the sum of the first actual deposit amount and the second actual deposit amount determining a payee account to receive the first deposit item and the second deposit item and a hold limit for the payee account; determining that the total deposit amount is greater than the hold limit; determining that the first deposit item comprises the highest actual deposit amount or that the first deposit item comprises the highest adjusted deposit amount, wherein the adjusted deposit amount is calculated as the product of first actual deposit amount and a scalar multiple; calculating a reduced total deposit amount as the difference of the highest actual deposit amount of the first deposit item and the total deposit amount or the difference of the highest adjusted deposit amount of the first deposit item and the total deposit amount; determining that the reduced total deposit amount is less than the hold limit; determining, using a processor, during the single deposit transaction, a first hold decision for the first deposit item in response to determining that the reduced total deposit amount is less than the hold limit; determining, using a processor, during the single deposit transaction, a second hold decision for the second deposit item in response to determining that the reduced total deposit amount is less than the hold limit; communicating, to the deposit location during the single deposit transaction, information associated with the first hold decision comprising instructions to hold the first deposit item comprising the highest deposit amount in the single deposit transaction; and communicating, to the deposit location during the single deposit transaction, information associated with the second hold decision comprising instructions to not hold the second deposit item in the single deposit transaction.