METHODS AND SYSTEMS FOR FOR IMPLEMENTING VIRTUAL INTERNATIONAL BANKING

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United States of America Patent

SERIAL NO

14788155

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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Systems and methods for conducting a money transfer include providing a virtual banking account for the money transfer and determining standing instructions corresponding to the virtual banking account. The standing instructions may include a protocol-based workflow for conducting the money transfer. The systems and methods may further include identifying a trigger corresponding to a movement of monetary funds from an originating account to the virtual banking account, and after identifying the trigger, initiating a transfer of at least a portion of the monetary funds from the virtual banking account to a destination account based on the standing instructions.

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Patent Owner(s)

Patent OwnerAddress
THE WESTERN UNION COMPANY12500 EAST BELFORD AVENUE ENGLEWOOD CO 80112

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Balasubramanian, Girish Fremont, US 16 404

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