Computerized Money Transfer System and Method

摘要

A computerized money transfer system implements a money transfer service for transferring money from a sending entity to at least one receiving entity. A plurality of agent terminals operable by agents of the money transfer service are interconnected by a communications network. A money transfer control system is connected to the communications network for controlling the implementation of the money transfer service. The money transfer control system includes an agent account data store storing account data for each agent and a transaction data store storing transaction data for transactions by agents implementing money transfers from a sending entity to at least one receiving entity.

主权项

1. A computerized money transfer control system for connection to a plurality of agent terminals over a communications network for controlling the implementation of a money transfer service for transferring money from a sending entity to at least one receiving entity, said agent terminals being interconnected by the communications network and being operable by agents to instigate a money transfer requested by a sending entity to at least one receiving entity, the system comprising:
an agent account data store storing account data for each agent; a transaction data store storing transaction data for transactions by agents implementing money transfers from a sending entity to at least one receiving entity; receiving means for receiving data from a said agent terminal, wherein the input data identifies the sending and receiving entities, the sending agent, and at least one receiving agent that is to remit the money transferred thereto to the or each receiving entity; recording means for recording the input data in said transaction data store as a transaction from a sending agent to at least one receiving agent for a sending entity and at least one receiving entity; account data update means for updating the agent account data in the agent account data store for the sending and receiving agents on the basis of the transaction; and transaction control means adapted to control the transaction by comparing the transaction to money laundering compliance regulatory data representing money laundering compliance regulations, and to block the transaction if the comparison determines that the transaction contravenes the money laundering compliance regulations.