Systems and methods for implementing location-based services

A system for use in providing account controls for an account based on a region in which a user associated with the account is located, the system comprising:

• a memory having a location-region data structure and a currency data structure, the location-region data structure including region data for identifying a region based on location data, and the currency data structure including currency data for multiple regions and exchange rates among the currencies for the different regions;
• and
• a controls engine processor coupled to the memory and configured, by computer-executable instructions, to:
• identify, in the location-region data structure, a local region of a portable communication device associated with a payment account based on location data for the portable communication device, the payment account subject to at least one account control stored in the memory, and the at least one account control based on an account control amount defined in a default currency;
• when the local region is different from a default region of the payment account, determine, in the currency data structure, a local currency of the local region;
• when the local currency is different from the default currency, convert the account control amount from the default currency to the local currency based on an exchange rate in the currency data structure;
• and
• transmit a notification to a user associated with the payment account, at the portable communication device, indicating the converted account control amount for the at least one account control, thereby informing the user of the account control amount in the local currency in connection with transactions to be initiated in the local region and funded by the payment account.