Patent ID: 7899746

Claim:
An automated method of processing large deposits that exceed an established deposit insurance limit so that the large deposits are fully insured, the large deposits being received by a plurality of banks from their depositors, the method comprising for at least some of the large deposits: (a) receiving at a processor an order from a bank to process a large deposit; (b) partitioning, using the processor, the large deposit into a plurality of deposit portions, each deposit portion not exceeding the established deposit insurance limit; (c) providing a network of banks for receiving the plurality of deposit portions for deposit therein; (d) determining, using the processor, if there is an insufficient number of banks within the network of banks to receive all of the deposit portions; (e) obtaining a loan from a lending bank, using the processor, if it is determined that there is an insufficient number of banks within the network of banks to receive all of the deposit portions, wherein the amount of the loan is equal to the amount of the order to process the large deposit minus the amount that the network of banks can receive; and (f) assigning by the processor at least some of the deposit portions that the network of banks can receive to at least some of the banks in the network of banks.