Bank of America Corporation

Maia H Hardin

Gerardo R Garcia

Michelle Davis Nichols

Lynette M Galvan

Shelvia Barry

Aimee Jones

Cheryl Ledoux

Sean Beaty

Chad B Vought

Susan Thrasher

Terri L Frick

Selene Chin-King

Barbara J Costa

An apparatus for removing an individual as an authorized signatory is provided. The apparatus may include a transceiver. The transceiver may be configured to receive a request to remove the individual as the authorized signatory in a centralized repository. The transceiver may be further configured to transmit a request to remove the individual as the authorized signatory. The removal of the individual may include removing the individual as a listed authorized signatory in the centralized repository. The removal may also include transmitting an instruction to reclassify one or more associated signature documents. The associated signature documents may corresponding to authorized signatory documents for the individual. The instruction to reclassify may include an instruction to categorize the individual's authorized signatory documents as non-designated signature documents.

Method and apparatus for maintaining a centralized repository that stores entitlement capability for authorized signatories

An apparatus for validating entitlement capabilities, and determining, based on the entitlement capabilities, whether an account request associated with the entitlement capabilities qualifies for Straight Through Processing is provided. The apparatus may include a receiver. The receiver may receive entitlement authorization for a signatory and a client request to open an account. The apparatus may also include memory configured to: store, in a centralized repository, entitlement capabilities for the authorized signatory. The centralized repository may provide access to one or more signature documents associated with the authorized signatory. The centralized repository may link the signatory to one or more signature documents associated with the signatory's authorization. The apparatus may also include a display configured to display a hierarchal map of the one or more authorized signatories. The hierarchal map illustrates lines of authority from the authorized signatories to each of their respective authorizers.

Method and apparatus for logically determining whether received queries qualify for straight-through-processing

Growing community of inventors

Fort Mill, SC, United States of America

Maia H Hardin