Method and apparatus for multi-currency funds settlement

Details Method and apparatus for multi-currency funds settlement Method and apparatus for multi-currency funds settlement

G - Physics

06

Q

G06Q 20/10 (2012.01)

Patent

CA 2284400

Cross border multi-currency payment obligations are met not with conventional complex and expensive FX transactions, but instead with legal persons (typically corporations) in different countries in effect swapping payment obligations so that funds of a party in one country remain in that country and are used to meet the payment obligations in that country of a party outside of that country

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