Method and system for processing financial instrument deposits physically remote from a financial institution
First Claim
1. A method for deposit processing at a central site a plurality of original checks deposited at a remote site with accompanying deposit information, comprising:
- the central site receiving deposit information for a plurality of different deposit transactions, with the deposit information for each of the different deposit transactions including a deposit account designation, electronic check data and original check image data for at least one check to be deposited;
a computer at the central site comparing at least one deposit parameter that is not an account number to an individual customer limit;
sending a notice if the individual customer limit is exceeded;
the central site receiving endorsed and/or voided check image data;
the central site associating the endorsed and/or voided check image data with the original check image data; and
the central site transmitting electronic check data and the original check image data and/or the endorsed and/or voided check image data initially directly or indirectly to a maker bank or a print site.
3 Assignments
0 Petitions
Accused Products
Abstract
A system that includes computer hardware, computer software, apparatus, and methodology that enables individuals, businesses, and all types of organizations (both for profit and non-profit) to capture and securely transmit check images (including, but not limited to, personal checks, business checks, travelers checks, money orders, merchant coupons, food coupons, line of credit checks, etc.), deposit information, and other information from remote locations (i.e., locations that could include the financial institution'"'"'s remote locations, other financial institution'"'"'s locations, businesses, private residences, etc.), for the purpose of having those checks credited to the depositing individual'"'"'s or organization'"'"'s bank account(s) and having the check images (and/or physical checks) entered into the bank check clearing channels for ultimate delivery to the maker bank for payment out of the maker'"'"'s account.
216 Citations
41 Claims
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1. A method for deposit processing at a central site a plurality of original checks deposited at a remote site with accompanying deposit information, comprising:
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the central site receiving deposit information for a plurality of different deposit transactions, with the deposit information for each of the different deposit transactions including a deposit account designation, electronic check data and original check image data for at least one check to be deposited;
a computer at the central site comparing at least one deposit parameter that is not an account number to an individual customer limit;
sending a notice if the individual customer limit is exceeded;
the central site receiving endorsed and/or voided check image data;
the central site associating the endorsed and/or voided check image data with the original check image data; and
the central site transmitting electronic check data and the original check image data and/or the endorsed and/or voided check image data initially directly or indirectly to a maker bank or a print site. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14)
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15. A program product for deposit processing at a central site a plurality of original checks deposited at a remote site with accompanying deposit information, the program product comprising:
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a set of computer usable media having computer readable program code embodied therein to be executed by a computer, the computer readable program code, when executed, causing a machine to perform the following method steps the central site receiving deposit information for a plurality of different deposit transactions, with the deposit information including for each of the different deposit transactions a deposit account designation, electronic check data and original check image data for at least one check to be deposited;
the central site comparing at least one deposit parameter that is not an account number to an individual customer limit;
sending a notice if the individual customer limit is exceeded;
the central site receiving endorsed and/or voided check image data;
the central site associating the endorsed and/or voided check image data with the original check image data; and
the central site transmitting electronic check data and the original check image data and/or the endorsed and/or voided check image data initially directly or indirectly to a maker bank or a print site. - View Dependent Claims (16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27)
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28. A system for deposit processing at a central site a plurality of original checks deposited at a remote site with accompanying deposit information, comprising:
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an electronic storage; and
a set of processors that use the electronic storage and include among them the following components a component at a central site receiving deposit information for a plurality of different deposit transactions, with the deposit information including for each of the different deposit transactions a deposit account designation, electronic check data and original check image data for at least one check to be deposited;
a component at the central site for comparing at least one deposit parameter that is not an account number to an individual customer limit;
a component at the central site for sending a notice if the individual customer limit is exceeded;
a component at the central site receiving endorsed and/or voided check image data;
a component at the central site for associating the endorsed and/or voided check image data with the original check image data; and
a component at the central site for transmitting electronic check data and the original check image data and/or the endorsed and/or voided check image data initially directly or indirectly to a maker bank or a print site. - View Dependent Claims (29, 30, 31, 32, 33, 34, 35, 36, 37, 38, 39, 40, 41)
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Specification