IP Library › Granted Patent US 7,219,832
Granted Patent B2
US 7,219,832 · App. 11/154,102 · Granted May 22, 2007

ATM machine and methods with currency conversion capabilities

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Quick Facts
Patent No.
US 7,219,832
App. No.
11/154,102
Granted
May 22, 2007
Kind
B2
Abstract

Methods, systems, and Automated Teller Machines (ATMs) are disclosed which provide ATM currency conversion capabilities. In one embodiment, a financial account number associated with a financial account maintained by a customer at a financial institution is received, a foreign currency type associated with the financial account is determined, and a choice is presented to the customer at the ATM to conduct a financial transaction in the foreign currency type. A currency selection is received from the customer and at least a portion of the financial transaction is conducted at the ATM in the selected currency.

Claims (55)

1. A method comprising:

receiving, at an Automated Teller Machine (ATM) a financial account number associated with a financial account maintained by a customer at a financial institution;

determining a foreign currency type associated with the financial account;

at the ATM, presenting to the customer a choice to conduct a financial transaction in the foreign currency type;

receiving a currency selection from the customer; and

conducting at least a portion of the financial transaction at the ATM in the selected currency, wherein determining the foreign currency type associated with the financial account comprises:

obtaining an identifier portion of the financial account number; and

determining a country associated with the financial institution using the identifier portion, and

wherein determining the country comprises comparing the identifier portion to a lookup table, the lookup table associating financial institution identification numbers to a country; and

wherein determining the currency type further comprises comparing the identifier portion to an exception table associating financial institution identification numbers to a country different than the one indicated in the lookup table.

2. The method of claim 1 , wherein obtaining an identifier portion comprises determining a bank identification number (BIN) portion of the financial account number.

3. The method of claim 1 , wherein receiving the currency selection comprises receiving a selection indicating the foreign currency type.

4. The method of claim 3 , wherein conducting at least a portion of the financial transaction comprises receiving a withdrawal amount in the foreign currency type.

5. The method of claim 4 , wherein conducting at least a portion of the financial transaction further comprises:

obtaining an exchange rate to convert the foreign currency type to a native currency type associated with the ATM;

converting the withdrawal amount to the native currency type.

6. The method of claim 5 , further comprising presenting the converted withdrawal amount to the customer.

7. The method of claim 6 , further comprising displaying the exchange rate to the customer.

8. The method of claim 6 , further comprising receiving a confirmation from the customer to proceed with the transaction.

9. The method of claim 6 , further comprising presenting an account balance in the foreign currency type indicating the balance of the financial account after the withdrawal.

10. The method of claim 5 , further comprising modifying the converted withdrawal amount to be a denomination amount supported by the ATM for withdrawal.

11. The method of claim 10 , wherein modifying the converted withdrawal amount comprises rounding the converted withdrawal amount to the nearest denomination amount supported by the ATM for withdrawal.

12. The method of claim 10 , wherein modifying the converted withdrawal amount comprises receiving a modification choice from the customer to one of increase the withdrawal amount or decrease the withdrawal amount.

13. The method of claim 10 , further comprising displaying the modified withdrawal amount to the customer.

14. The method of claim 13 , further comprising:

converting the modified withdrawal amount to the foreign currency type;

presenting the converted modified withdrawal amount to the customer.

15. The method of claim 3 , wherein conducting at least a portion of the financial transaction further comprises:

receiving a withdrawal amount in a native currency type associated with the ATM;

obtaining an exchange rate to convert the native currency type to the foreign currency type;

converting the withdrawal amount to the foreign currency type; and

displaying the converted withdrawal amount to the customer.

16. The method of claim 15 , further comprising displaying the exchange rate to the customer.

17. The method of claim 15 , further comprising receiving a confirmation from the customer to proceed with the transaction.

18. A method comprising:

receiving, at an Automated Teller Machine (ATM) network, a request from an ATM to obtain a currency exchange rate to convert from a first currency to a second currency;

obtaining the currency exchange rate;

providing the currency exchange rate to the ATM;

receiving, at the ATM network, an identifier from the ATM, the identifier identifying a financial institution associated with a financial account;

using the identifier to determine a currency type associated with the financial institution;

providing the currency type to the ATM; and

wherein using the identifier comprises comparing the identifier to a list of identifiers in the lookup table; and

wherein determining the currency type further comprises comparing the identifier to an exception table associating financial institution identification numbers to a country different than the one indicated in the lookup table.

19. The method of claim 18 , wherein obtaining the currency exchange rate comprises obtaining the currency exchange rate from a currency recognition and exchange service.

20. A method comprising:

receiving, at an Automated Teller Machine (ATM) a financial account number associated with a financial account maintained by a customer at a financial institution;

determining a foreign currency type associated with the financial account;

at the ATM, presenting to the customer a choice to conduct a financial transaction in the foreign currency type;

receiving a currency selection from the customer;

conducting at least a portion of the financial transaction at the ATM in the selected currency,

wherein determining the foreign currency type associated with the financial account comprises:

obtaining an identifier portion of the financial account number;

determining a currency associated with the financial institution using the identifier portion; and

wherein determining the currency comprises comparing the identifier portion to a lookup table, the lookup table associating financial institution identification numbers to a currency; and

wherein determining the currency type further comprises comparing the identifier portion to an exception table associating financial institution identification numbers to a country different than the one indicated in the lookup table.

Assignments (15)
TERMINATION AND RELEASE OF SECURITY INTEREST IN PATENT RIGHTS Recorded Aug 19, 2019
From: WELLS FARGO BANK, NATIONAL ASSOCIATION
To: FIRST DATA CORPORATION; DW HOLDINGS, INC.; FIRST DATA RESOURCES, INC. (K/N/A FIRST DATA RESOURCES, LLC); FUNDSXPRESS FINANCIAL NETWORKS, INC.; INTELLIGENT RESULTS, INC. (K/N/A FIRST DATA SOLUTIONS, INC.); LINKPOINT INTERNATIONAL, INC.; MONEY NETWORK FINANCIAL, LLC; SIZE TECHNOLOGIES, INC.; TASQ TECHNOLOGY, INC.; TELECHECK INTERNATIONAL, INC.
Reel/Frame 050090/0060 →
TERMINATION AND RELEASE OF SECURITY INTEREST IN PATENT RIGHTS Recorded Aug 19, 2019
From: WELLS FARGO BANK, NATIONAL ASSOCIATION
To: FIRST DATA CORPORATION; DW HOLDINGS, INC.; FIRST DATA RESOURCES, LLC; FUNDSXPRESS FINANCIAL NETWORK, INC.; FIRST DATA SOLUTIONS, INC.; LINKPOINT INTERNATIONAL, INC.; MONEY NETWORK FINANCIAL, LLC; SIZE TECHNOLOGIES, INC.; TASQ TECHNOLOGY, INC.; TELECHECK INTERNATIONAL, INC.
Reel/Frame 050091/0474 →
TERMINATION AND RELEASE OF SECURITY INTEREST IN PATENT RIGHTS Recorded Aug 19, 2019
From: WELLS FARGO BANK, NATIONAL ASSOCIATION
To: FIRST DATA CORPORATION
Reel/Frame 050094/0455 →
RELEASE OF SECURITY INTEREST Recorded Jul 30, 2019
From: CREDIT SUISSE AG, CAYMAN ISLANDS BRANCH
To: CARDSERVICE INTERNATIONAL, INC.; DW HOLDINGS INC.; FIRST DATA CORPORATION; FIRST DATA RESOURCES, LLC; FUNDSXPRESS, INC.; INTELLIGENT RESULTS, INC.; LINKPOINT INTERNATIONAL, INC.; SIZE TECHNOLOGIES, INC.; TASQ TECHNOLOGY, INC.; TELECHECK INTERNATIONAL, INC.; TELECHECK SERVICES, INC.
Reel/Frame 049902/0919 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Mar 31, 2017
From: FEXCO
To: FEXCO MERCHANT SERVICES
Reel/Frame 042119/0359 →
SECURITY AGREEMENT Recorded Jan 31, 2011
From: DW HOLDINGS, INC.; FIRST DATA RESOURCES, LLC; FUNDSXPRESS FINANCIAL NETWORKS, INC.; FIRST DATA SOLUTIONS, INC.; LINKPOINT INTERNATIONAL, INC.; MONEY NETWORK FINANCIAL, LLC; SIZE TECHNOLOGIES, INC.; TASQ TECHNOLOGY, INC.; TELECHECK INTERNATIONAL, INC
To: WELLS FARGO BANK, NATIONAL ASSOCIATION, AS COLLATERAL AGENT
Reel/Frame 025719/0590 →
SECURITY AGREEMENT Recorded Nov 17, 2010
From: DW HOLDINGS, INC.; FIRST DATA RESOURCES, INC. (K/N/A FIRST DATA RESOURCES, LLC); FUNDSXPRESS FINANCIAL NETWORKS, INC.; INTELLIGENT RESULTS, INC. (K/N/A FIRST DATA SOLUTIONS, INC.); LINKPOINT INTERNATIONAL, INC.; MONEY NETWORK FINANCIAL, LLC; SIZE TECHNOLOGIES, INC.; TASQ TECHNOLOGY, INC.; TELECHECK INTERNATIONAL, INC.
To: WELLS FARGO BANK, NATIONAL ASSOCIATION, AS COLLATERAL AGENT
Reel/Frame 025368/0183 →
NUNC PRO TUNC ASSIGNMENT Recorded Oct 3, 2008
From: FIRST DATA MERCHANT SERVICES CORPORATION
To: FIRST DATA CORPORATION
Reel/Frame 021628/0861 →
NUNC PRO TUNC ASSIGNMENT Recorded Sep 30, 2008
From: FIRST DATA CORPORATION
To: FIRST DATA MERCHANT SERVICES CORPORATION
Reel/Frame 021611/0932 →
CORRECTIVE ASSIGNMENT TO CORRECT THE NAME OF ASSIGNEES PREVIOUSLY RECORDED ON REEL 020468 FRAME 0264. ASSIGNOR(S) HEREBY CONFIRMS THE CORRECT NAME OF ASSIGNEES SHOULD BE FIRST DATA CORPORATION AND FEXCO. Recorded Feb 20, 2008
From: FIRST DATA CORPORATION
To: FIRST DATA CORPORATION; FEXCO
Reel/Frame 020532/0412 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Feb 6, 2008
From: FIRST DATA CORPORATION
To: FEXCO
Reel/Frame 020468/0264 →
SECURITY AGREEMENT Recorded Oct 31, 2007
From: FIRST DATA CORPORATION; CARDSERVICE INTERNATIONAL, INC.; FUNDSXPRESS, INC.; LINKPOINT INTERNATIONAL, INC.; TASQ TECHNOLOGY, INC.; TELECHECK SERVICES, INC.; DW HOLDINGS, INC.; FIRST DATA RESOURCES, INC.; INTELLIGENT RESULTS, INC.; SIZE TECHNOLOGIES, INC.; TELECHECK INTERNATIONAL, INC.
To: CREDIT SUISSE, CAYMAN ISLANDS BRANCH, AS COLLATERAL AGENT
Reel/Frame 020045/0165 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Dec 19, 2006
From: FILLINGER, CHARLES A.
To: FIRST DATA CORPORATION
Reel/Frame 018653/0097 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Nov 20, 2006
From: FIRST DATA CORPORATION
To: FIRST DATA CORPORATION; THE WESTERN UNION COMPANY
Reel/Frame 018537/0667 →
PROPRIETARY RIGHTS AND NONDISCLOSURE AGREEMENT Recorded Feb 14, 2006
From: O'SULLIVAN, BARRY
To: FIRST DATA MERCHANT SERVICES
Reel/Frame 017168/0156 →