Currency transfer system and method using fixed limit cards

Number of patents in Portfolio can not be more than 2000

United States of America Patent

PATENT NO 5350906
SERIAL NO

07981758

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ATTORNEY / AGENT: (SPONSORED)

Importance

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Abstract

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There is disclosed a currency transfer system and method which utilizes the existing ATM network but which provides for the temporary assignment of a PIN number and the temporary establishment of a credit limit within an existing account. Using the system a customer can, by using a temporary PIN at an ATM machine, withdraw an amount equal to or less than the temporary credit limit. The depositing customer purchases temporary ATM cards which have contained within them preprogrammed credit limits which are then read into the system under an assigned temporary PIN number.

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First Claim

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Patent Owner(s)

Patent OwnerAddress
THE WESTERN UNION COMPANY12500 EAST BELFORD AVENUE ENGLEWOOD CO 80112
FIRST DATA CORPORATION6200 SOUTH QUEBEC STREET SUITE 270 GREENWOOD VILLAGE CO 80111

International Classification(s)

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Brody, Bill E 9254 Forest La., Apt. 904, Dallas, Dallas County, TX 75243 2 712
Tannenbaum, David H 14860 Oaks North Pl., Addison, Dallas County, TX 75001 23 1233

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