Systems and methods for processing bank account deposits
AssigneeUnited Services Automobile Association (USAA)
InventorBradly Jay Billman
Life of this patent
Estimating the term…
Abstract
A system for processing bank account deposits may comprise at least one subsystem that creates an account at a first bank by a second bank on behalf of a customer of the second bank, at least one subsystem that sets up an automatic transfer to the second bank from the account created at the first bank, and at least one subsystem that accepts an automatic transfer from the account created at the first bank at the second bank, said automatic transfer resulting from a deposit made by the customer at the first bank.
Claims21
A system for processing bank account deposits comprising:
- a processor;
- a memory communicatively coupled to the processor storing machine readable instructions that, when executed by the processor, cause the processor to:
- create an account at a first bank by a second bank on behalf of a customer of the second bank, wherein the second bank initiates a deposit into the account on behalf of the customer and uses account information from the customer of the second bank to create the account;
- accept from the second bank, at a request of the first bank, a minimum required balance into the account created at the first bank;
- set up an automatic transfer to an account at the second bank from the account created at the first bank, wherein the second bank is allowed access to the account created at the first bank to allow the automatic transfer to the account at the second bank from the account created at the first bank;
- and
- accept an automatic transfer from the account created at the first bank to the account at the second bank, said automatic transfer resulting from a deposit made by the customer at the first bank;
- and
- wherein the account at the first bank and the account at the second bank are both held by the same customer.
A method for processing bank account deposits comprising:
- creating, via a computing device, an account at a first bank by a second bank on behalf of a customer of the second bank, wherein the second bank initiates a deposit into the account on behalf of the customer and uses account information from the customer of the second bank to create the account;
- accepting, from the second bank, at a request of the first bank, a minimum required balance into the account created at the first bank;
- setting up, via the computing device, an automatic transfer to an account at the second bank from the account created at the first bank, wherein the second bank is allowed access to the account created at the first bank to allow the automatic transfer to the account at the second bank from the account created at the first bank;
- accepting, via the computing device, an automatic transfer from the account created at the first bank to the account at the second bank, said automatic transfer resulting from a deposit made by the customer at the first bank;
- and
- wherein the account at the first bank and the account at the second bank are both held by the same customer.
A non-transitory computer-readable medium for processing bank account deposits, the non-transitory computer-readable medium comprising computer-readable instructions for:
- creating an account at a first bank by a second bank on behalf of a customer of the second bank, wherein the second bank initiates a deposit into the account on behalf of the customer and uses account information from the customer of the second bank to create the account;
- accepting, from the second bank, at a request of the first bank, a minimum required balance into the account created at the first bank;
- setting up an automatic transfer to an account at the second bank from the account created at the first bank, wherein the second bank is allowed access to the account created at the first bank to allow the automatic transfer to the account at the second bank from the account created at the first bank;
- and
- accepting an automatic transfer from the account created at the first bank to the account at the second bank, said automatic transfer resulting from a deposit made by the customer at the first bank;
- and
- wherein the account at the first bank and the account at the second bank are both held by the same customer.
Dependencies are inferred from the claim text.