System, method, and program product for foreign currency travel account
US8024242B2 · kind B2 · utility
Assignee
Inventor
Key dates
| Filing date | Sep 4, 2009 |
| Grant date | Sep 20, 2011 |
| Priority date | — |
| Expiry date | May 7, 2030 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG06Q40/06
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
Systems, program product, and methods for securing or procuring destination currency funds for a traveler to be used for travel in a destination country commencing at a scheduled future travel date, are provided. A system can include a domestic financial institution server including foreign destination currency transaction account program product. The system provides for establishing an interest-bearing foreign destination currency transaction account having a user-selected maturity date coinciding with a preselected travel date, and near, but prior to the preselected travel date, providing to the traveler a travel debit card having access to the balance of foreign destination currency finds including both principal and accrued interest.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.