Dynamic selection of deposit clearing methods based on business rules
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United States of America Patent
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Sep 27, 2011
Grant Date -
N/A
app pub date -
May 9, 2008
filing date -
Oct 30, 2003
priority date (Note) -
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status (Latency Note)
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Abstract
In general, this disclosure describes techniques of dynamically selecting deposit clearing methods based on business rules. As described in this disclosure, a financial institution receives checks drawn on other financial institutions as customer deposits. When the financial institution receives a check, the financial institution automatically applies one or more customizable business rules to identify a method to clear the check. The financial institution then uses the identified method to clear the check.
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