System to facilitate payments for a customer through a foreign bank, software, business methods, and other related methods
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United States of America Patent
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Mar 30, 2010
Grant Date -
Nov 25, 2004
app pub date -
May 20, 2003
filing date -
May 20, 2003
priority date (Note) -
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Abstract
A system for facilitating payment of accounts payables from a foreign financial institution for a customer of a domestic financial institution, software, and methods are provided. The system includes a first financial institution computer positioned at a domestic financial institution site to define a domestic financial institution server, having memory associated therewith, and foreign exchange analyzing software stored in the memory of the domestic financial institution server to analyze a foreign exchange transaction. The system also includes an area network in communication with the server, and a second customer computer in communication with the area network, positioned remote from the server at a customer site, and positioned to transmit an accounts payable batch data file having a plurality of accounts payable to the foreign exchange analyzing software stored on the server.
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