An electronic banking method

Details An electronic banking method An electronic banking method

G - Physics

06

Q

G06Q 20/10 (2012.01) G06Q 40/02 (2012.01)

Patent

CA 2300042

A method for electronic retail banking, specifically the method is permitting a client (typically an individual or small business) to perform banking activity by or through any suitable terminal, including the transfer of a financial tender into a virtual bank account automatically defined and opened for this transaction, through a communication network. The method involves the debiting of an existing client associated account, for the amount of the financial tender, against crediting the virtual bank account. At the termination time of the financial instrument the virtual account is debited and terminated and the client existing associated account is credited.

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