Patent ID: 8286860

Claim:
A negotiable instrument to presentation instrument value porting system comprising: a transaction device which is electronically accessed using a presentation instrument; means for electronically obtaining information from a negotiable instrument at the transaction device; means for electronically obtaining information from the presentation instrument at the transaction device; means for communicating information from the negotiable instrument at the transaction device though a network to a check processor; means for receiving a message from the check processor that indicates whether the negotiable instrument has been associated with a Positive Pay File, the Positive Pay File including a value for each of the negotiable instruments associated with the Positive Pay File; means for porting the amount of value from the negotiable instrument to an account associated with the presentation instrument based on a response from the check processor that the negotiable instrument is associated with the Positive Pay File; means for communicating the information from the negotiable instrument at the transaction device through the network to a check verification entity if the message from the check processor indicates that the negotiable instrument is not associated with the Positive Pay File; and means for porting at least a portion of the amount of value from the negotiable instrument to the account associated with the presentation instrument, based on a response from the check verification entity and using the information obtained from the presentation instrument.