Patent ID: 8103585

Claim:
A method for receiving an approval of an allocation of an amount associated with a transaction, the method comprising: receiving, at a first financial account issuer server, a request to debit the amount from a first financial account having a first identifier, wherein the request includes the amount and the first identifier, and wherein the first financial account issuer server issued the first financial account; acquiring, by the first financial account issuer server, allocation information related to the first financial account from a database which stores allocation information based upon activities associated with the first financial account; determining, by the first financial account issuer server, an allocation rule based upon the allocation information; verifying, by the first financial account issuer server, that sufficient funds exist to satisfy the request to debit a first portion of the amount from the first financial account; debiting, by the first financial account issuer server and based upon the allocation rule, the first portion of the amount from the first financial account; identifying, by the first financial account issuer server, a second financial account having a second identifier, based on a link in a database between the first financial account and the second financial account; and allocating, by the first financial account issuer server and based upon the allocation rule, a second portion of the amount to the second financial account, wherein a second financial account issuer server issued the second financial account, wherein the second financial account issuer server is different from the first financial account issuer server, and wherein the second financial account issuer server debits the second portion of the amount from the second financial account based on the allocating, and based upon verifying that sufficient funds exist to satisfy the debiting of the second portion.