Patent ID: 8700510

Claim:
A system for redirecting or returning international credits, comprising: a gateway operator comprising: a routing processor configured to: receive a credit transfer from a foreign originator, wherein the credit transfer is associated with a credit for posting to a Receiving Depository Financial Institution (RDFI), compare routing and account numbers of the credit transfer with a predetermined table of routing and account numbers, and forward the credit transfer based on the comparison of the routing and account numbers with the predetermined table, wherein the routing processor comprises: a format converter configured to convert a format of the credit transfer if the credit transfer is returned, wherein the credit transfer is returned when the routing and account numbers of the credit transfer are determined to be inoperable for posting the credit to the RDFI; and a return processor configured to: receive the credit transfer that is returned, wherein the credit transfer that is returned comprises a return reason code, process the return reason code and identify the routing and account numbers of the credit transfer that is returned, and update the predetermined table with the routing and account numbers of the credit transfer that is returned; an Automated Clearing House (ACH) that presents the credit transfer to the RDFI for clearing and settlement, when the credit transfer is received by the automated clearing house from the gateway operator; and a wire transfer service that presents the credit transfer to the RDFI for clearing and settlement, when the credit transfer is received by the wire transfer service from the gateway operator.