Financial Evaluation Based on Foreign Remittance Activity

A method, comprising:

• receiving, by a computing device comprising at least one processor and at least one network interface, via the at least one network interface, customer information;
• evaluating, by the computing device, the customer information;
• assigning, by the computing device, a numerical value to one or more items in the received customer information;
• calculating, by the computing device, a total numerical value representing the customer information;
• and
• in response to determining that the total numerical value representing the customer information meets predefined criteria:
• setting, by the computing device, a foreign currency rate for a line of credit to the customer for a set number of foreign remittance transactions over a specified period of time;
• causing, by the computing device, the line of credit to be extended to the customer;
• monitoring, by the computing device, the customer's foreign remittance transactions over the specified period of time;
• and
• reporting, by the computing device, the customer's foreign remittance transaction history to one or more credit agencies.

At least one non-transitory computer-readable medium having computer-executable instructions stored thereon that, when executed by a computing comprising at least one processor and at least one network interface, cause the computing device to:

• receive, via the at least one network interface, customer information;
• evaluate the customer information;
• assign a numerical value to one or more items in the received customer information;
• calculate a total numerical value representing the customer information;
• and
• in response to determining that the total numerical value representing the customer information meets predefined criteria:
• cause a line of credit to be extended to the customer in accordance with a contract for a set number of foreign remittance transactions over a specified period of time;
• monitor the customer's foreign remittance transactions over the specified period of time;
• and
• report the customer's foreign remittance transaction history to one or more credit agencies.