Efficient inter-bank funds transfers

A tangible computer readable medium useful in association with a computer that includes one or more processors and a memory, the computer readable medium including computer instructions that are configured to cause the computer, by execution of the computer instructions in the one or more processors from the memory, to facilitate inter-bank transfers of funds by at least:

• detecting a first transfer of funds from a customer account in a first bank to a first inter-bank transfer account in the first bank;
• determining an intended recipient of the funds from data associated with the first transfer of funds;
• determining that the intended recipient has an account in a second bank;
• and
• initiating a second transfer of funds from a second inter-bank transfer account in the second bank to the account of the intended recipient in the second bank.

A computer system comprising:

• at least one processor;
• a computer readable medium that is operatively coupled to the processor;
• network access circuitry that is operatively coupled to the processor;
• and
• registration and account management logic (i) that executes at least in part in the processor from the computer readable medium and (ii) that, when executed, causes the processor to facilitate inter-bank transfers of funds by at least:
• detecting a first transfer of funds from a customer account in a first bank to a first inter-bank transfer account in the first bank;
• determining an intended recipient of the funds from data associated with the first transfer of funds;
• determining that the intended recipient has an account in a second bank;
• and
• initiating a second transfer of funds from a second inter-bank transfer account in the second bank to the account of the intended recipient in the second bank.