Remittance intermediating service system and method of providing the same

A method of providing a remittance intermediating service, comprising:

• receiving a remitter's request including a remitter's account information, a recipient's account information, and a remittance amount;
• sending a first remittance request including remitter's account information, a first mother account information and remittance amount to a client browser equipped with screen scraping modules;
• accessing a computer system of the remitter's bank using the screen scraping modules;
• remitting the remittance amount from the remitter's account to the first mother account, wherein the first mother account is an account of a service provider contained in the remitter's bank;
• receiving a first remittance result indicative of the remittance from the remitter's account to the first mother account, and saving first remittance result in a database;
• sending a second remittance request including recipient's account information, a second mother account information and the remittance amount to a plurality of screen scraping terminals;
• accessing a computer system of the recipient's bank using the screen scraping terminals;
• remitting the remittance amount from the second mother account to the recipient's account, wherein the second mother account is another account of the service provider contained in the recipient's bank;
• receiving a second remittance result indicative of the remittance from the second mother account to the recipient's account, and saving second remittance result in the database.

A method of emulating an inter-bank remittance between first and second financial institutions, the inter-bank remittance being defined by a remitter having an remitter account at the first financial institution, a recipient having a recipient account at the second financial institution, and a remittance amount, said method comprising:

• maintaining first and second mother accounts at the first and second financial institutions, respectively;
• receiving a request for the inter-bank transmittance from the remitter;
• sending a transmittance request to a computer system of the first financial institution to transfer the remittance amount from the remitter account to the first mother account;
• and
• sending a second transmittance request to a computer system of the second financial institution to transfer the remittance amount from the second mother account to recipient's account.