Patent ID: 7229011

Claim:
A method for transferring money deposited in a first country for withdrawal at money transfer locations in a second, different country, where the different country may have a different currency than the first country, wherein the deposited amount is to be withdrawn in portions at the money transfer location, and wherein the method comprises: receiving and storing at a host computer system money transfer information comprising recipient identification information, the second country, and the deposited amount in an originating currency; in response to receiving the second country at the host computer system, providing second country transfer information for use by a recipient in making withdrawals in the second country; providing a customer service representative (CSR) assisted money transfer location where the deposited amount may be withdrawn; receiving at the host computer system a request transmitted from the CSR assisted money transfer location to withdraw a portion of the deposited amount in a local currency of the country of the money transfer location; and storing a record at the host computer system of the amount of each portion withdrawn and any exchange rate used to convert the withdrawn amount to the local currency.