Patent ID: 8046301

Claim:
A processor-implemented method for redeeming a physical negotiable instrument, comprising: receiving a request at a computing device of a financial institution from a computing device of a user to deposit funds of a physical negotiable instrument into an account of the user held by the financial institution, wherein the user is remotely located from the financial institution, wherein the request comprises a digital image of the physical negotiable instrument, wherein the physical negotiable instrument has a surface that comprises a modifiable ink that is sensitive to a stimulus, wherein the digital image is generated by a user's scanner communicatively coupled to the computing device of the user, wherein the stimulus is a heat or light source of the scanner; generating by the computing device of the financial institution a communication to instruct the scanner to void the physical negotiable instrument by applying the stimulus to the modifiable ink on the surface of the physical negotiable instrument, wherein the stimulus to the modifiable ink is generated and applied by the user's scanner; transmitting the communication from the computing device of the financial institution to the computing device of the user subsequent to successful receipt of the digital image of the physical negotiable instrument; wherein the generated communication is used to instruct the scanner to apply the stimulus to the modifiable ink on the surface of the physical negotiable instrument; wherein the physical negotiable instrument is voided by applying the stimulus to the modifiable ink on the surface of the physical negotiable instrument by the user's scanner; and receiving confirmation of the application of the stimulus.