Method and system for creating financial instruments at a plurality of remote locations which are controlled by a central office
July 28, 2015. 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 Re33172 Process for magnetic image character recognition Method for MICR encoding of checks using laser printers and confirmation of MICR positioning Check book issuing machine Apparatus for dispensing money orders Apparatus for dispensing money orders Automatic sales slip register for credit card Distributed on-line money access card transaction processing system Financial document dispensing apparatus and method Patent #: 5477037 InventorAssigneeApplicationNo. 315224 filed on 09/29/1994US Classes:705/45, With paper check handling235/381, With vending705/1, AUTOMATED ELECTRICAL FINANCIAL OR BUSINESS PRACTICE OR MANAGEMENT ARRANGEMENT705/33, Checkbook balancing, updating or printing arrangement705/35, Finance (e.g., banking, investment or credit)705/40Bill distribution or paymentExaminersPrimary: Voeltz, Emanuel T.Assistant: Assouad, Patrick Attorney, Agent or FirmInternational ClassesG06F 017/60G07G 001/12 AbstractIn the present invention, utilizing a data processing system at one location such as the home office, and another data processing system at a remote location such as a convenience store, an authorized convenience store employee may print financial instruments. According to the present invention, pre-printed forms are not needed in order to print financial instruments. When a financial instrument is to be printed, a valid password must first be entered. Thereafter, the employee may insert blank paper into the printer included within the remote data processing system and print a complete financial instrument. All necessary parameters may be printed by the remote data processing system, including financial institution identification number, account number, financial instrument number, date, amount, and payee. A transaction log may be automatically maintained by the remote data processing system. A log entry may be created each time a financial instrument is created. The log entry may include type of financial instrument created, financial instrument number, date, and amount. This information may be periodically transmitted to the home office data processing system.Other References
Field of SearchWith paper check handlingAUTOMATED ELECTRICAL FINANCIAL OR BUSINESS PRACTICE OR MANAGEMENT ARRANGEMENT Including point of sale terminal or electronic cash register Accounting Time accounting (time and attendance, monitoring billable hours) Checkbook balancing, updating or printing arrangement Bill preparation Including funds transfer or credit transaction Bill distribution or payment CASH REGISTERS Banking systems With vending | |
