U.S. patents available from 1976 to present.
U.S. patent applications available from 2005 to present.

Automated remittance system

Patent 5496991 Issued on March 5, 1996. Estimated Expiration Date: Icon_subject July 26, 2014. Estimated Expiration Date is calculated based on simple USPTO term provisions. It does not account for terminal disclaimers, term adjustments, failure to pay maintenance fees, or other factors which might affect the term of a patent.

Patent References

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3852571

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Issued on: 08/31/1976
Inventor: Wise ,   et al.

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Patent #: 4093117
Issued on: 06/06/1978
Inventor: Morse

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Issued on: 05/26/1981
Inventor: Case

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Patent #: 4358671
Issued on: 11/09/1982
Inventor: Case

Method and apparatus for improving bank operation productivity
Patent #: 4417136
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Inventor: Rushby ,   et al.

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Issued on: 03/05/1985
Inventor: Conti

Negotiable instrument mailing device
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Automatic transfer transaction processing apparatus
Patent #: 4608485
Issued on: 08/26/1986
Inventor: Miura

More ...

Inventors

Application

No. 281522 filed on 07/26/1994

US Classes:

235/379, Banking systems902/40Transaction* processing

Examiners

Primary: Rosenberger, Richard A.

Attorney, Agent or Firm

International Class

G06F 017/60

Abstract

An automated remittance system, method, and associated remittance document are disclosed whereby consumers' pre-authorizations are obtained by a billing system provider to initiate an electronic transfer of Funds from the consumers' depository accounts to a vendor's depository account upon the provider's scanning and verifying the returned remittance documents that have unique current billing indicia. Computer means control the system and maintain currency of all associated data base files as well as generate the remittance documents.

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