Reginald D Mitchell

US Patent:

20150032630, Jan 29, 2015

Filed:

Jul 23, 2014

Appl. No.:

14/339085

Inventors:

- Greenwood Village CO, US
Reginald Todd Mitchell - Pearland TX, US

International Classification:

G06Q 20/04

US Classification:

705 45

Abstract:

Systems and methods are provided for postponing check settlement. According to one or more embodiments, a method is provided. The method may include receiving, by a computer including one or more processors, check information associated with a check on a current date. The method may also include determining, by the computer, a destination account identifier for the check and determining whether to postpone settlement of the check until after the current date. Furthermore, the method may include identifying, by the computer upon a positive determination to postpone settlement of the check, a delayed settlement date associated with the check. Additionally, the method may include storing an association between the check information, the delayed settlement date, and the destination account identifier in a database in communication with the computer