ELECTRONIC FUNDS TRANSFER METHOD AND SYSTEM AND BILL PRESENTMENT METHOD AND SYSTEM

摘要

A funds transfer system described facilitates elelctronic funds transfer between two parties. The home banking system computer (40) is operable, upon receipt of the payment order from the payor station (30), to generate a universal identifier number uniquely identifying the payee and to transmit electronically the universal identifier number to the trusted third party via a communication with the trusted third party system. The trusted third party system computer (50) also being operable, in response to receipt of the universal identifier number from the home banking system, to identify the payee as a party to receive payment, to generate a routing/transit number of the bank of the payee and the payee's account number from the universal identifier number, and to commmunicate electronically with the bank of the payee to facilitate transfer of the amount owed to the payee's account to the bank of the payee.