Bank of America Corporation

Brian Wallace Borneman

Tony England

Stephen Philip Selfridge

Justin Riley DuPont

Robertson Walters Greenbacker

Timothy Stephen Nurse

Embodiments of the invention are directed to systems, methods, and computer program products for generation and management of controlled-use resources which allow the sender of an electronic resource transfer to limit the ways in which the recipient may use the received resources. This invention allows the sender to maintain control over the products or services purchased with transferred resources, as well as personalize a transfer for a recipient by selecting a favorite merchant or spending category of the recipient. The invention may also benefit a plurality of merchants and other third party entities which may obtain new customers as a result of said customers receiving controlled-use resources designated for said merchants.

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Waterville, WA, United States of America

Brian Wallace Borneman