Title:
A CURRENCY CONVERSION SYSTEM AND METHOD
Document Type and Number:
WIPO Patent Application WO/2022/204736
Kind Code:
A1
Abstract:
Currency conversion system and method for allowing a user to fulfil a request to obtain Namibian dollar in electronic format in exchange for Angolan Kwanza, which includes an Angolan based commercial bank for effecting the request, a commercial bank further being configured to convert Angolan Kwanza into US dollar and to transfer the amount of US dollar to an intermediate subsystem, the intermediate subsystem, based on data received from a currency conversion database, converting the amount of US dollar into Namibian dollar, which is then transferred to the commercial bank for uploading onto an account of the user.
Inventors:
RAMIREZ CONNIE (NA)
Application Number:
PCT/ZA2022/050016
Publication Date:
September 29, 2022
Filing Date:
March 24, 2022
Export Citation:
Assignee:
RAMIREZ CONNIE (ZA)
GERBER STEFAANS (ZA)
GERBER STEFAANS (ZA)
International Classes:
G06Q20/38
Domestic Patent References:
| WO2016072934A1 | 2016-05-12 |
Foreign References:
| US6944595B1 | 2005-09-13 | |||
| CN109741045B | 2020-12-29 | |||
| CN111080455A | 2020-04-28 | |||
| US20200226687A1 | 2020-07-16 |
Attorney, Agent or Firm:
BARNARD INCORPORATED ATTORNEYS (ZA)
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