초록 ▼

Disclosed are an improved electronic check presentment ("ECP") system having a non-ECP exceptions notification system incorporated therein and a method of electronically communicating data pertaining to non-ECP exceptions. The method, for use by a presenting bank and a payor bank having check presen

Disclosed are an improved electronic check presentment ("ECP") system having a non-ECP exceptions notification system incorporated therein and a method of electronically communicating data pertaining to non-ECP exceptions. The method, for use by a presenting bank and a payor bank having check presentment systems between which data related to checks may be electronically transmitted, comprises the steps of: (1) electronically transmitting, from the presenting bank to the payor bank, predetermined presentment information relating to the checks and permitting a determination by the payor bank as to which of the checks are properly payable by the payor bank, (2) comparing records of an exceptions file with records of a receive control file, the exceptions file capable of containing records subject to both ECP and non-ECP exceptions to thereby produce an electronic file of the which of the checks are properly payable by the payor bank and (3) electronically transmitting the electronic file to the presenting bank to thereby provide advance electronic return notification of both ECP and non-ECP exceptions to checks presented by the presenting bank to the payor bank.

대표청구항 ▼

[ What is claimed is:] [1.] For use by a presenting bank and a payor bank having transaction presentment systems between which transaction-related data may be electronically transmitted, an accelerated method of clearing transactions drawn on the payor bank and received by the presenting bank for pa

[ What is claimed is:] [1.] For use by a presenting bank and a payor bank having transaction presentment systems between which transaction-related data may be electronically transmitted, an accelerated method of clearing transactions drawn on the payor bank and received by the presenting bank for payment, said method comprising the steps of:electronically transmitting, from the presenting bank to the payor bank, predetermined presentment information relating to the transactions and permitting a determination by the payor bank as to which of the transactions are properly payable by the payor bank;reconciling, on a transaction-level basis at the payor bank, from the electronic presentment information received thereby and a non-MICR input file, which of the transactions are properly payable to allow the payor bank to detect potential fraud conditions; andelectronically transmitting, from the payor bank to the presenting bank, a return notification listing of at least potentially returnable ones of the transactions.