Controlling electronic withdrawals by a transaction processor

A system for controlling electronic withdrawals by a transaction processor, the system comprising:

• means for receiving in the transaction processor from a withdrawal device a withdrawal request, wherein the withdrawal request includes a withdrawal device identifier, a drawer identifier, a drawee identifier, and a withdrawal amount;
• means for transmitting from the transaction processor to a drawee a request for limitations on electronic withdrawals for the drawer, wherein the limitations include a limitation on drawer location;
• means for receiving in the transaction processor from storage in computer memory of the drawee data representing the limitations on electronic withdrawals for the drawer, including the limitation on drawer location;
• and
• means for authorizing, by the transaction processor, an electronic withdrawal in dependence upon the limitations, including the limitation on drawer location.

A computer program product for controlling electronic withdrawals by a transaction processor, the computer program product comprising:

• a recording medium,
• means, recorded on the recording medium, for receiving in the transaction processor from a withdrawal device a withdrawal request, wherein the withdrawal request includes a withdrawal device identifier, a drawer identifier, a drawee identifier, and a withdrawal amount;
• means, recorded on the recording medium, for transmitting from the transaction processor to a drawee a request for limitations on electronic withdrawals for the drawer, wherein the limitations include a limitation on drawer location;
• means, recorded on the recording medium, for receiving in the transaction processor from storage in computer memory of the drawee data representing the limitations on electronic withdrawals for the drawer, including the limitation on drawer location;
• and
• means, recorded on the recording medium, for authorizing, by the transaction processor, an electronic withdrawal in dependence upon the limitations, including the limitation on drawer location.