Patent · US Active

System, method, and program product for foreign currency travel account

US8266047B2 · kind B2 · utility

23Cited by
127References
11Claims
0Family size

Assignee

Inventor

Key dates

Filing dateFeb 24, 2012
Grant dateSep 11, 2012
Priority date
Expiry dateFeb 24, 2032

Classification

  • Technology area (CPC H)Electricity
  • CPC primaryH01R13/5208
  • WIPO fieldElectrical machinery, apparatus, energy
  • 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 funds including both principal and accrued interest.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.