The patent badge is an abbreviated version of the USPTO patent document. The patent badge does contain a link to the full patent document.
The patent badge is an abbreviated version of the USPTO patent document. The patent badge covers the following: Patent number, Date patent was issued, Date patent was filed, Title of the patent, Applicant, Inventor, Assignee, Attorney firm, Primary examiner, Assistant examiner, CPCs, and Abstract. The patent badge does contain a link to the full patent document (in Adobe Acrobat format, aka pdf). To download or print any patent click here.
Patent No.:
Date of Patent:
Feb. 26, 2013
Filed:
May. 03, 2012
Ricardo Davila, Waxhaw, NC (US);
Tommi Levi, Charlotte, NC (US);
David Wayne Barnhardt, Huntersville, NC (US);
David Alan Minsk, Marivn, NC (US);
Roxanne White, Fort Mill, SC (US);
Roberto Jose Dominguez, Thomasville, NC (US);
Ricardo Davila, Waxhaw, NC (US);
Tommi Levi, Charlotte, NC (US);
David Wayne Barnhardt, Huntersville, NC (US);
David Alan Minsk, Marivn, NC (US);
Roxanne White, Fort Mill, SC (US);
Roberto Jose Dominguez, Thomasville, NC (US);
Bank of America Corporation, Charlotte, NC (US);
Abstract
Embodiments of the present invention relate to methods and apparatuses for determining, communicating, and/or executing hold decisions for deposit items. For example, a method is provided that includes: (a) receiving information associated with a deposit item; (b) determining a deposit amount for the deposit item; (c) determining a payee account to receive the deposit item; (d) determining a hold limit for the payee account; and (e) determining a hold decision for the deposit item based at least partially on a comparison of the deposit amount to the hold limit. In some embodiments, the hold limit is based at least partially on (a) an account balance associated with the payee account, and (b) one or more other characteristics associated with the payee account.