Patent ID: 8275702

Claim:
A machine-readable medium having machine-executable instructions to process a financial obligation of a customer, the machine-executable instructions causing the processor to perform the method comprising: maintaining a database of one or more financial accounts available to the customer; executing an attempted funds transfer from a first payment source selected by the customer to satisfy the financial obligation of the customer, the financial obligation being scheduled in-advance of the financial obligation becoming due; receiving a non-payment indication resulting from the attempted funds transfer from the first payment source, the non-payment indication indicating that the attempted funds transfer cannot be completed from the first payment source; in response to receiving the non-payment indication resulting from the attempted funds transfer from the first payment source, alerting the customer the attempted funds transfer could not be completed from the first payment source; determining a second payment source with sufficient funds to satisfy the financial obligation of the customer based on a condition defined by the customer; initiating a funds transfer from the second payment source to satisfy the financial obligation of the customer, the financial obligation being scheduled in-advance of the financial obligation becoming due; and notifying one or more companies to which the customer has other financial obligations that the secondary payment source should be used for payment of the other financial obligations.