Patent ID: 8332316
Filing Date: 2012-12-11
Classification: G06Q

Abstract:
1. A method comprising: sending, by a computer based system for transferring funds, a first transaction request to an automated clearing house financial capture system configured to capture and process transaction details for a first portion of the funds; sending, by the computer based system, a second transaction request to the automated clearing house financial capture system configured to capture and process transaction details for a second portion of the funds, wherein the second portion corresponds to an amount of the funds which exceeds a first line of credit limit for a first line of credit transaction account; wherein a rule allows the request for the transfer of the funds, in response to the second, portion being within a predetermined threshold of a second line of credit transaction account; determining, by the computer based system, that the second portion is within the predetermined threshold, wherein the request for the transfer of the funds is allowed in accordance with the rule; generating, by the computer based system, a transaction based upon the first transaction request and the second transaction request; transmitting, by the computer based system, the transaction to an originating depository financial institution for clearing; debiting, by the computer based system, the first line of credit transaction account with the first portion of the funds; debiting, by the computer based system, the second line of credit transaction account with the second portion of the funds; and crediting, by the computer based system, a deposit account with the funds.