Automated method and article of manufacture for fully insuring large bank deposits wherein bank that processes a large deposit sends out and receives back an equal amount of large deposits via a network of banks

摘要

An automated method and article of manufacture are provided for processing large deposits that exceed an established deposit insurance limit so that the large deposits are fully insured. The large deposits are received by a plurality of banks from their depositors, and the plurality of banks include banks that are unaffiliated with each other. An order from a bank is received at a processor to process a large deposit. The processor partitions the large deposit into a plurality of deposit portions such that each deposit portion does not exceed the established deposit insurance limit. The processor automatically assigns at least some of the deposit portions to at least some banks other than the bank that received the large deposit for deposit therein. The processor automatically deposits in the bank that sent the order to the processor an amount of funds equal to the amount of the order.