System and method for electronic deposit of a financial instrument by banking customers from remote locations by use of a digital image

摘要

A system and method for initiating a deposit transaction, where the depositor is a banking customer located at a remote location, and where the item to be deposited is a financial instrument, such as a paper check from a third party, payable to the depositor. The enabling system features a Remote Customer Terminal (RCT) with certain input devices, connected to a bank system. An image and/or other data of the financial instrument are transmitted from the RCT to the Bank of First Deposit (BOFD) where the data may be processed by conversion to Electronic Funds Transfer (EFT), via Electronic Check Presentment (ECP), or via check reconstruction. The deposit transaction can be accomplished without physical transfer of the financial instrument to or through the bank system. The system and method provide convenience and improved transaction processing speed compared to other deposit transactions of financial instruments.

主权项

1. A system for depositing value associated with a financial instrument into a bank account of a banking customer payee comprising:
a customer terminal, located remote from a bank, the customer terminal comprising, a cell phone, a wireless handheld device, a personal digital assistant, or any combination thereof, the customer terminal further comprising at least an electronic processor and digital imaging capabilities; an automated banking system comprising an electronic processor and connected to the customer terminal via a communication link; and a check clearing system comprising an electronic processor, the check clearing system connected to the automated banking system via a communication link, the check clearing system being located remote from the automated banking system, wherein the automated banking system is configured such that information from the financial instrument is received from the customer terminal, the information originating from a digital image of the financial instrument, the digital image having been electronically received by the banking customer payee from a digital camera interfaced with the customer terminal as part of the digital imaging capabilities and the digital image is directly sent to the automated banking system without requiring the banking customer payee to produce a physical copy of the digital image and the information is used to determine whether the automated banking system is associated with a paying bank of the financial instrument, wherein the information comprises a routing number, an account number, a date written, and an amount of the financial instrument, as well as the digital image of the financial instrument, and wherein the automated banking system and check clearing system are configured to effectuate deposit of the value of the financial instrument into the bank account of the banking customer payee without physical receipt of the financial instrument by the automated banking system.