Method of and system for capturing interest earned on the monetary value of transferred monetary rights managed on an internet-based monetary rights transfer (MRT) network supported by a real-time gross settlement (RTGS) system
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United States of America Patent
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Jan 7, 2014
Grant Date -
Jan 19, 2012
app pub date -
Jun 30, 2011
filing date -
Jan 9, 2006
priority date (Note) -
In Force
status (Latency Note)
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Abstract
Method of capturing interest associated with a whole or partial amount of money possessed or controlled by an owner/holder and held in a first account maintained by a home financial institution, associated with a monetary rights transfer (MRT) network operably connected to the infrastructure of the Internet and a real-time gross settlement (RTGS) system, and the home financial institution or an external financial institution associated with the MRT network, maintaining a second account, interest bearing, for the owner/holder of the amount of money to capture interest.
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