Bank of America Corporation
SYSTEM AND PLATFORM FOR VIRTUAL RESOURCE MANAGEMENT

Abstract:

Embodiments of the present invention provide a system and platform for virtual resource management. The system may receive, from a user, an amount of resources in a medium of exchange that is foreign to the user. The system stores the received resources and associates them with a virtual account without converting or exchanging the resources for a local medium of exchange. The system then monitors information associated with the user to determine when a triggering event associated with the received resources is occurring or has occurred. In response to determining that the triggering event is occurring or has occurred, the system automatically executes a triggering action associated with the received resources.