BANKING SYSTEM WITH ENHANCED UTILITY

摘要

A computer based banking system is provided in which the banking style of software and hardware is modified such that it not only enables conventional banking transactions to be conducted in terms of rules laid down by the bank on a data base record of a client but a sub-system is provided in which at least some of the bank's clients are participating system members (as herein defined) each of which has a mobile device adapted to communicate via an associated wireless network with the computer based banking system. The sub-system enables financial transactions to be conducted, in parallel with conventional transactions, by remote operation of the mobile device of a participating system member, via the associated wireless network, to result in the debiting of a financial data base record associated with an instructing participating system member and in the crediting of a different financial data base record associated with another participating system member or a merchant. The sub-system is run on rules different from those applicable to conventional banking transactions such that in respect of at least one or more predetermined categories of transactions, a transaction, once completed, is cleared in real time.