Bank of America Corporation
INITIATING RESOURCE EVENT PROCESSING ACROSS INTERNATIONAL REAL-TIME PROCESSING NETWORKS

Abstract:

Embodiments of the invention are directed to initiating the processing of resource events across international real-time processing networks. In order to facilitate such resource events determinations are made that authorize the resource event participants to conduct the resource event across the international real-time processing networks. Once properly authorized the present invention provides for processing parameters to be determined, which may be specific to anyone of the resource participants and/or international real-time processing networks. Such processing parameters may be related to rules associated with settlement of the resource event, conversion rules for the international conversion of resources, resource sponsorship and the like. Once the resource event has been authorized and processing parameters determined, commands are sent to the respective interconnected international real-time processing networks that initiate the real-time processing of the resource event.