The Toronto-Dominion Bank
SYSTEM AND METHOD FOR PROVIDING DYNAMIC FOREIGN EXCHANGE AT AN AUTOMATED TELLER MACHINE

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Abstract:

A computer-implemented method for providing dynamic foreign exchange includes receiving an indication of a number associated with a card used to access an automated teller machine. A portion of the number identifying an issuer of the card may be extracted. Based on the issuer of the card, it may be determined that dynamic foreign exchange should be offered for a transaction. Then, a request may be sent to a foreign exchange rate service device for a dynamically-determined foreign exchange rate quote, the quote to be provided to the automated teller machine. An indication that the quoted rate was accepted at the automated teller machine may be received and then the transaction may be processed with foreign exchange provided at the quoted rate by an entity associated with the foreign exchange rate service device. Related systems and computer-readable media are also disclosed.

Status:
Application
Type:

Utility

Filling date:

4 Oct 2018

Issue date:

9 Apr 2020