System and method for Sharing account anonymously and using image coded account for easy transactions

5- A method for financial transaction allowing account holders to share their account privately and/or anonymously with other users comprising of:

• A bank account service allowing account holder to share part or all his account with authorized users by creating escort account associated with the customer's main account,
• Said escort account is the authorized amount of fund available for authorized users by the account holder,
• Said authorized users are appointed by the account holder, online or at the bank facility,
• Said authorized users may be removed from the account by the account holder,
• Said authorized users are given nick names without necessarily disclosing any personal information about the user(s),
• said authorized users have limited transactions defined by the account holder,
• said each authorized user is given a different unique PIN (Personal Identification number) assigned by the account holder,
• said escort account is hosted by the bank as a separate escort account associated with the customer's account,
• said escort account may stay within the customer's account,
• Said escort account is associated with a unique coded image (hence barcode) readable to scanners and/or to image capturing devices,
• Said escort account is the actual customer's bank account, when escort account remains within the customer's account, and is associated with a unique coded image readable to scanners and/or to image capturing device,
• Said barcode contain the bank information, customer's account information, and the access information to the account,
• said barcode allows customer and said authorized users to communicate directly or indirectly with the hosting computer of the bank,
• said barcode allows customer and/or said authorized users to access the escort account and execute transactions when combined with at least one unique associated PIN(s),

9- A system allowing account holder and authorized users to execute ATM/bank teller device's transactions without using debit card comprising:

• A readable coded image associated with the customer's bank account. Said readable image is on a mobile electronic device for display of the image by the user to ATM and bank teller devices, said readable image may be printed on a document for display of the image by the user to ATM and bank teller devices
• Said ATM and bank teller devices are capable of reading the displayed image, wherein displaying of the image causes the ATM to initiate the communication with the bank's computer management system for verification of the image,
• Said bank's management computer system with at least one processor verify the validity of the image, and communicate back with said ATM to proceed with the transaction,
• said ATM requests user to enter PIN (personal Identification Number) associated with the account.
• Said ATM sends PIN entry to the account management system for verification and for authorizing transactions. Transaction is permitted once account is verified.

10- A method of financial transaction allowing account holder and authorized users to execute ATM/bank teller device's transactions without using debit card comprising:

• A readable coded image associated with the customer's bank account.
• Said readable image is on a mobile electronic device for display of the image by the user to ATM and bank teller devices,
• Said readable image is printed on a document for display of the image by the user to ATM and bank teller devices
• Said ATM and bank teller devices are capable of reading the displayed image, wherein displaying of the image causes the ATM to initiate the communication with the transaction management system for verification of the image,
• said ATM receives verification, said ATM requests user to enter PIN (personal Identification Number) associated with the account.
• Said ATM sends PIN entry to the account management system for verification and for authorizing transactions. Transaction is permitted once account is verified.

11- A system allowing bank account holder and authorized users to automatic issuing and printing of a cashier check online comprising:

• A readable coded image associated with the customer's bank account, said coded image is on a mobile electronic device for display of the image by the user,
• A mobile application and/or URL (Uniform Resource Locator) is provided to account customer and authorized users to access their accounts using the coded image associated with their accounts,
• Said application/URL is capable of capturing and reading the image presented by the customers from their mobile device,
• Wherein user transmits the image to said application/URL,
• Wherein receiving and reading the image by said application/URL initiate communication with the account management system,
• Wherein said application/URL allow users to access the account after entering the correct PIN, associated with the account,
• Wherein said application/URL allows authorized user to edit on the page name of payee, amount to be paid, name of payer,
• Wherein said application/URL displayed a drafted cashier check to the user for approval,
• Said displayed check contains information given by the user, bank information in text, account information in text, coded information of the check printed as a readable barcode, image code of the customer account may also be added,
• Wherein said application/URL issues a printable cashier check once the user submits his approval.

13- A method of financial transaction allowing account holder and authorized users to automatic issuing and printing of a cashier check online comprising:

• a readable coded image associated with the customer's bank account.
• Said coded image is on a mobile electronic device for display of the image by the user,
• Said coded image is printed on a document for display of the image by the user,
• A mobile application and/or URL (Uniform Resource Locator) is provided to account customer and authorized users to access their accounts using the coded image associated with their accounts,
• Said application/URL is capable of capturing and reading the image presented by the customers from their mobile device,
• Said application is capable of reading an image, uploaded to said application/URL, in PDF, PNG, and other document formats,
• Wherein user transmits the image to said application/URL,
• Wherein receiving and reading the image by said application/URL initiate communication with the account management system,
• Wherein said application/URL allow users to access the account after entering the correct PIN, associated with the account,
• Wherein said application/URL allows authorized user to edit on the page name of payee, amount to be paid, name of payer,
• Wherein said application/URL displayed a drafted cashier check to the user for approval,
• Said displayed check contains information given by the user, bank information in text, account information in text, coded information of the check printed as a readable barcode, image code of the customer account may also be added,
• Wherein said application/URL issues a printable cashier check once the user submits his approval.

14- A system for financial transaction allowing account holders to pay bill, and make payment online for purchasing without disclosing any personal information comprising of:

• A buyer with readable image code account on a mobile electric device,
• Online merchant accepting image code transaction,
• A third party automatic verification system (TPAVS),
• Bank account managing computer,
• Wherein the buyer having a readable coded image associated with his bank account.
• Said coded image is on a mobile electronic device of the user,
• Said buyer transmitting the image, with the associated PIN, to said TPAVS,
• Wherein TPAVS verifies the transaction with the buyer's account managing system,
• Wherein said buyer's account managing system approves or denies the transaction,
• said TPAVS receive authorization message meaning approval of the transaction,
• Wherein TPAVS complete the transactions between the buyer and the seller with confirmation of the transaction send to both.

15- A method for financial transaction allowing account holders to pay bill, and make payment online for purchasing without disclosing any personal information comprising of:

• A readable coded image associated with the customer's bank account.
• Said coded image is on a mobile electronic device for transmitting the image by the user with the associated PIN, to a third-party Automatic verification system (TPAVS),
• Wherein TPAVS verifies the transaction with the buyer's account managing system,
• Wherein said buyer's account managing system approves or denies the transaction, when the transaction is approved a payment receipt is issued with approval number, said approval receipt is transmitted to TPAVS,
• Wherein TPAVS complete the transactions between the buyer and the seller with confirmation of the transaction send to both.
• Wherein seller on their application/URL provides buyers the option of barcode image as a method of payment.

16- A system for financial transaction allowing account holders to pay for merchant at point of sale without using his debit card comprising;

• a mobile electronic device for display of the image by the user to merchant's scanner, said readable coded image is associated with the customer's bank account,
• merchant scanner capable of reading the coded image,
• Bank account management system, to verify and authorize the transaction,
• wherein displaying of the image causes said scanner to initiate communication with the Bank account management system, for verification of the image,
• when said scanner receives verification of the image it requests user to enter the PIN (personal Identification Number) associated with the account.
• said scanner send submitted PIN to the bank account management system for verification and for authorizing transactions, said transaction is completed when authorization is received by the seller.

17- A method for financial transaction allowing account holders to pay for merchant at point of sale without using his debit card comprising;

• A readable coded image associated with the customer's bank account,
• Said coded image is on a mobile electronic device for display of the image by the user to the merchant's scanner,
• Said merchant scanner is capable of reading the coded image,
• wherein displaying of the image causes said scanner to initiate the communication with the transaction management system for verification of the image,
• wherein when said scanner receives verification of the image it requests user to enter the PIN (personal Identification Number) associated with the account.
• Said scanner send submitted PIN to the account management system for verification and for authorizing transactions.