System and method for transferring money based on approval of transfer request transmitted from receiver to sender

Abstract

A money transfer system transfers money based on approval of a sender for a transfer request transmitted from a receiver. This system includes a receiver terminal for transferring transfer request information including receiving information and sending information; a bank server for extracting the sending information from the transfer request information to guide the transfer request information to a sender, and transferring an amount of money from a payment account of the sender to a deposit account when the sender checks the transfer request information and approves the money transfer; and a sender terminal for accessing the bank server to receive and display the transfer request information, and transmitting an approval for the money transfer to the deposit account. The sender determines whether or not to transfer money by checking the transfer request of the receiver, thereby reducing time taken for the money transfer process and enhancing accuracy and safety.

Description

technical field [0001] [01] The present invention relates to a system and method for transferring funds based on the remitter's permission for a transfer request from the payee, and more specifically, to a system and method for transferring funds, wherein the payee The receiving information and sending information are entered to request a funds transfer, and the sender checks the transfer request and then approves the funds transfer, and then transfers the funds specified in the receiving information to the recipient. Background technique [0002] [02] A funds transfer is defined as a transfer of a predetermined amount of funds from the sender's own payment account to the recipient's deposit account. In recent years, remitters generally prefer to use online banking, telephone banking, ATM banking and mobile banking for online fund transfers rather than visiting offline banks in person. [0003] [03] In the case of traditional fund transfer, the remitter directly receives th...

AI Technical Summary

Problems solved by technology

This may cause the sender to mistakenly transfer funds to another person, and it will take time and expense to correct the funds transfer error, which will cause a lot of inconvenience to the sender, the recipient and the bank

[0005] [05] Specifically, if a person (or a company) makes frequent fund transfers, they should enter the payee information with each fund transfer, which requires a lot of concentration and takes a lot of time

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