International banking system and method

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 8380597
APP PUB NO 20110004554A1
SERIAL NO

12883324

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Abstract

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A system an method for providing banks with access to a previously inaccessible exiting international infrastructure. A provider bank first establishes on its system, a set of accounts for each of the customers of a client bank (the client bank environment). The client bank environment has its own Demand Deposit Account (DDA) module to process account entries and calculate interest and its own funds transfer module to initiate and to receive funds transfers. The primary interface into the funds transfer section in the client bank environment is to the funds transfer section of the provider bank environment. The funds transfer section of the provider bank is coupled to the systems which constitute the international banking infrastructure that is able to process banking transactions on a global basis for the customers of the client bank.

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Patent Owner(s)

  • JPMORGAN CHASE BANK, NATIONAL ASSOCIATION

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Anders, Marc A New York, US 3 176
Baker, Richard Common, GB 58 1031
Chittick, Ian Essex, GB 6 179
Green, Les Dorset, GB 3 176
Leong, Sang Mattawan, US 10 755
Metherell, Mel Hampshire, GB 3 176
Night, Nigel Hants, GB 1 1
Parkin, Richard Warwick, GB 3 176

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