Patent ID: 8521648

Claim:
A system for making financial transfers between subscribers of a financial transfer service, wherein the system comprises: a seller subscriber computer configured to accept a set of invoice information input by a seller, wherein the set of invoice information includes an identifier of a destination account, an amount of funds to be transferred, and a description of goods or services; a buyer subscriber computer configured to accept a set of payment information input by a buyer, wherein the set of payment information includes an identifier of a source account; and an agent server computer in communication with the buyer subscriber computer and the seller subscriber computer, wherein the agent server computer is configured to: receive the set of invoice information from the seller subscriber computer; create an invoice based at least in part on the set of invoice information, wherein the invoice includes: the identifier of the destination account; and the amount of funds to be transferred; transmit the invoice to the buyer subscriber computer; receive the set of payment information from the buyer subscriber computer as an authorization from the buyer to pay the invoice; establish an exchange conversion for the amount of funds; and cause the amount of funds according to the exchange conversion to be transferred from the source account on a source transfer network to the destination account on a destination transfer network via a primary transfer network.