Patent ID: 8712910

Claim:
A method for conducting a money transfer, the method comprising: receiving, at a computer system, from a point-of-sale device, a transaction identifier indicating a bank account, wherein: funds are to be deposited into the bank account; the transaction identifier includes a bank account number associated with the bank account; and the transaction identifier is a length of digits; determining, by the computer system, the transaction identifier is a complete transaction identifier if the length of digits of the transaction identifier is a first length of digits; creating, by the computer system, the complete transaction identifier if the length of digits of the transaction identifier is a second length of digits, wherein: the complete transaction identifier is created using the bank account number, a bank identifier associated with the bank account, and a bank location number of the bank associated with the bank account; and the second length of digits is less than the first length of digits; and initiating, by the computer system, the money transfer using the complete transaction identifier.