The Western Union Company
Recurring money transfer

Last updated:

Abstract:

A system and method of performing a value-advance money transfer comprising: receiving a money transfer request; determining whether an account associated with a sender of funds includes a sufficient amount of funds to cover a money transfer request; providing an amount of funds from a money transfer provider to the account associated with the sender to cover the money transfer request; making the amount of funds available to the sender for use in the money transfer; and executing a money transfer from the account to the control of the receiver.

Status:
Grant
Type:

Utility

Filling date:

24 Feb 2014

Issue date:

14 Jan 2020