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Title:
AN ACCOUNT OPENING SYSTEM IN A DIFFERENT CURRENCY UNIT
Document Type and Number:
WIPO Patent Application WO/2021/040661
Kind Code:
A1
Abstract:
The present invention relates to a system (1) which is developed in order to convert a certain amount of money available in a bank account into a currency unit whereby the customer can make profit by opening a new account and to inform the customer, upon getting the account holder's approval on the basis of instant exchange rate changes of currency units that are pre-determined by a customer holding a deposit or current account in a bank or offered by a bank.

Inventors:
KOCA BILGE OZLEM (TR)
Application Number:
PCT/TR2020/050758
Publication Date:
March 04, 2021
Filing Date:
August 25, 2020
Export Citation:
Click for automatic bibliography generation   Help
Assignee:
TURKIYE GARANTI BANKASI ANONIM SIRKETI (TR)
International Classes:
G06Q20/10; G06Q20/38; G06Q40/04
Foreign References:
KR20160025796A2016-03-09
US5794218A1998-08-11
KR101912688B12018-12-31
US20020156718A12002-10-24
Attorney, Agent or Firm:
TRITECH PATENT TRADEMARK CONSULTANCY INC. (TR)
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Claims:
CLAIMS

1. A system (1) developed in order to ensure that a certain amount of money in account of a bank customer is converted into another currency unit as rule-based by analysing instant changes of exchange rates; comprising: at least one electronic device (2) which is configured to realize data exchange by using any remote communication protocol and run at least one application on thereof; at least one application (3) which is run on the electronic device (2), enables at least the users to access their electronic bank accounts and which is configured such that it will provide at least one interface that is adapted to enable them to enter the amount of money which they want to utilize, the currency units the rates of which are requested to be followed up and the date range when they want the money available in the accounts to be utilized; and characterized by the at least one server (4) which is configured to communicate with the electronic device (2) by using any remote communication protocol and to realize data exchange with the application (3) being run on the electronic device (2) over this communication established; to receive information over the application (3) about the amount of money which the user wants to utilize, the currency units the rates of which are requested to be followed up and the date range when s/he wants the money available in his/her account to be utilized; to follow up the exchange rates for the currency units that are chosen by the user within the specified date range; to update the present bank account information of the user by converting the amount specified by the user over the application (3) into the currency unit wherein a decrease is detected, when it is detected that a decrease has occurred in any exchange rate of the chosen currency units within the date range specified by the user through the application (3); and to create a new bank account in the said currency unit.

2. A system (1) according to Claim 1; characterized by the electronic device (2) which is a device such as smartphone, tablet computer, desktop computer or portable computer that is configured to run at least one application (3) on thereof.

3. A system (1) according to Claim 1 or 2; characterized by the electronic device (2) which is configured to realize data exchange by using any remote communication protocol.

4. A system (1) according to any of the preceding claims; characterized by the electronic device (2) which is configured to realize data exchange by using any data bus such as Internet.

5. A system (1) according to any of the preceding claims; characterized by the electronic device (2) which is configured to communicate with the server (4) by using any remote communication protocol and to ensure that data exchange is realized between the application (3) and the server (4) over this communication established.

6. A system (1) according to any of the preceding claims; characterized by the application (3) which is run on the electronic device (2) and which is configured such that it will realize data exchange with the server (4) over the connection established between the electronic device (2) and the server (4) by using any remote communication protocol.

7. A system (1) according to any of the preceding claims; characterized by the application (3) which is configured such that it will at least enable the users to access their electronic bank accounts.

8. A system (1) according to any of the preceding claims; characterized by the application (3) which is configured to provide an interface that is configured to ensure that information about the amount of money to be utilized, the currency units which are requested to be followed up and the date range when the user wants the money available in his/her bank account to be utilized are entered.

9. A system (1) according to any of the preceding claims; characterized by the application (3) which is configured to provide an interface that is adapted such that it will enable the banks to offer options to their users such as getting advance for using the money that is requested to be utilized, blocking a certain amount of the account or using the money in the current account; and enable the users to choose any of these options.

10. A system (1) according to any of the preceding claims; characterized by the application (3) which is configured to provide the currency units wherein a decrease is detected in the exchange rate as a result of the rate analysis carried out by the server (4) within the date range specified by the user, to the user by means of an interface and to ensure that the user chooses one of these currency units provided to be utilized.

11. A system (1) according to any of the preceding claims; characterized by the application (3) which is configured to provide an interface that is adapted such that it will enable the users to enter their address information.

12. A system (1) according to any of the preceding claims; characterized by the application (3) which is configured to provide an interface that is adapted to ensure that the users can give approval in order that foreign currency buying transactions are carried out over contracted exchange offices.

13. A system (1) according to Claim 12; characterized by the application (3) which is also configured to provide an interface that is adapted such that it will enable the users to choose exchange office and/or view the nearest exchange office in accordance with the address information entered.

14. A system (1) according to any of the preceding claims; characterized by the server (4) which is configured to communicate with the electronic device (2) by using any remote communication protocol and to realize data exchange with the application (3) running on this electronic device (2) over this communication established.

15. A system (1) according to any of the preceding claims; characterized by the server (4) which is configured to receive the information which are determined by means of the application (3) over the communication established with the electronic device (2) and related to the amount of money that is requested to be utilized, the exchange rates that are requested to be followed up and the date range when the money is requested to be utilized

16. A system (1) according to any of the preceding claims; characterized by the server (4) which is configured to detect whether a decrease has occurred in any exchange rate of the currency units by following up the exchange rates for the currency units chosen by the user, within the date range specified by the user.

17. A system (1) according to Claim 16; characterized by the server (4) which is configured to ensure that the user is contacted by means such as electronic mail, text message, voice call, application notification in order to get his/her approval for converting a certain amount available in the account into the said currency unit when it is detected that a decrease has occurred in any exchange rate of the currency units chosen, within the date range specified by the user through the application (3).

18. A system (1) according to Claim 17; characterized by the server (4) which is configured to convert the amount, that is specified by the user over the application (3) after the approval received from the user by means of at least one the related communication means, into the currency unit wherein a decrease is detected in its exchange rate; to update his/her present account; and to open a new bank account in the related currency unit.

19. A system (1) according to any of the preceding claims; characterized by the server (4) which is configured to follow up and analyse all exchange rates within the date range when the money is requested to be utilized, in the event that the user does not enter the currency units that s/he wants to be followed up by means of the interface provided over the application (3).

20. A system (1) according to Claim 19; characterized by the server (4) which is configured to ensure that the currency units wherein decrease is detected as a result of the analysis carried out within the date range specified by the user are provided to the user upon being transmitted to the application (3).

21. A system (1) according to any of the preceding claims; characterized by the server (4) which is configured to receive the data about the exchange rates by communicating with the exchange office servers (DS)

22. A system (1) according to Claim 21; characterized by the server (4) which is configured to share the information with the exchange offices such as the amount that is requested to be utilized specifically for each customer over the communication established with the exchange office servers (DS), the rate that is requested to be converted, the date when the money is requested to be utilized.

23. A system (1) according to Claim 21 or 22; characterized by the server (4) which is configured to analyse all exchange rates and/or the certain exchange rates chosen by the user with the data that it receives from the exchange office servers (DS).

Description:
AN ACCOUNT OPENING SYSTEM IN A DIFFERENT CURRENCY

UNIT

Technical Field

The present invention relates to a system which enables to convert a certain amount of money available in a bank account into a currency unit whereby the customer can make profit by opening a new account and to inform the customer, upon getting the account holder’s approval on the basis of instant exchange rate changes of currency units that are pre-determined by a customer holding a deposit or current account in a bank or offered by a bank. Background of the Invention

Today, foreign currency trading and ratio of making profit in this field gradually increase and users tend to increase their investments in foreign currency field gradually. Users carrying out transaction in the developing foreign currency trade market have to follow up instant changes in foreign currency rates continuously. In the state of the art, there are systems whereby users can follow up instant rate changes, convert their currencies into any type of desired foreign currency manually or give buying-selling order for a specific date. However, users have to control changes in foreign currencies continuously in these systems and they carry out buying-selling transactions either manually or by giving buying-selling order for a specific date and value. The fact that users follow up rate changes instantly as is the case with these systems leads to loss of time and users cannot always catch these rate changes. Therefore, considering the studies and the deficiencies included in the state of the art; it is understood that there is need for a system whereby a certain amount of money of a user available in his/her account can be converted into a determined exchange rate automatically when a change occurs in exchange of rate upon getting approval of users -who are integrated with their bank accounts and exchange offices- previously or instantly.

The Japanese patent document no. JP2004192587, an application in the state of the art, discloses a system which can provide periodic foreign currency deposits in various currency units by using the Internet properly. In the system included in the said invention, a customer having a bank account on the Internet hosts a foreign exchange processor, a foreign currency buying condition information requiring a foreign currency to be bought periodically and a buying amount. At the step of automatically transferring a fixed amount of money from a bank account to an account of an stock investor main account via a bank side communication server, after confirming the transfer completion, a foreign currency buying transaction is carried out by using a calculation device existing in the host and the sum of an appraisal profit/loss related to exchange rate fluctuation is transmitted to the customer side communication terminal. The swap profit and loss after buying and selling the foreign currency from the customer side communication terminal and the fact that there has been no change in the conditions are sent to the foreign currency exchange side host. The present invention automatically transfers a requested setting value from an internet bank account by using the Internet periodically and uses the funds as deposit. A foreign currency asset management system whereby a certain amount of foreign currency is bought and reserved uses the difference between the exchange rate difference and the interest difference as the customer’s profit and the system comprises a customer side communication terminal, a communication control device, a web server and a database. A server and a bank side communication server, a communication terminal and an exchange broker side comprising the host and the bank side communication server, a client comprising the host are connected by means of an internet communication network respectively. The steps of the system are as follows: the customer side communication terminal logs in and the information is transmitted to the foreign currency investor side host. A fixed amount of money is automatically transferred from a bank account to the main account of the foreign currency investor side via a bank side communication server. After the foreign currency buying condition information sent from the communication terminal are received on the customer side and confirming the transfer completion, a foreign currency buying transaction is carried out by using a calculation device existing in the host. The appraisal profit and loss information including the sum of an appraisal profit and loss according to exchange fluctuations calculated by the computer, the swap profit and loss and the changes in the foreign currency buying conditions are transmitted to the customer side communication terminal. In the said invention, a system is developed for converting a certain part of money of a customer holding a bank account into a determined foreign exchange rate upon instruction and no feature is developed for opening an account automatically for the foreign exchange rate whereby the customer can benefit upon customer approval by analysing foreign exchange rates and converting a certain amount of money available in the account into that foreign exchange rate.

Summary of the Invention

An objective of the present invention is to realize a system which is developed in order to ensure that a new account is opened in a type of currency unit wherein decrease is detected in foreign exchange rate upon approval of the customer by analysing the changes in foreign exchange rates of currency units to be chosen by a bank customer, and a certain amount of money available in the customer’s bank account is converted into this currency unit.

Detailed Description of the Invention

“An Account Opening System in a Different Currency Unit” realized to fulfil the objective of the present invention is shown in the figure attached, in which: Figure l is a schematic view of the inventive system.

The components illustrated in the figure are individually numbered, where the numbers refer to the following:

1. System

2. Electronic device

3. Application

4. Server

DS: Exchange Office Server

The inventive system (1) developed in order to ensure that a certain amount of money in account of a bank customer is converted into another currency unit as rule-based by analysing instant changes of exchange rates comprises: - at least one electronic device (2) which is configured to realize data exchange by using any remote communication protocol and run at least one application on thereof; at least one application (3) which is run on the electronic device (2), enables at least the users to access their electronic bank accounts and which provides at least one interface that is adapted such that it will enable them to enter the amount of money which they want to utilize, the currency units the rates of which are requested to be followed up and the date range when they want the money available in the accounts to be utilized; and - at least one server (4) which is configured to communicate with the electronic device (2) by using any remote communication protocol and to realize data exchange with the application (3) being run on the electronic device (2) over this communication established; to receive information over the application (3) about the amount of money which the user wants to utilize, the currency units the rates of which are requested to be followed up and the date range when s/he wants the money available in his/her account to be utilized; to follow up the exchange rates for the currency units that are chosen by the user within the specified date range; to update the present bank account information of the user by converting the amount specified by the user over the application (3) into the currency unit wherein a decrease is detected, when it is detected that a decrease has occurred in any exchange rate of the chosen currency units within the date range specified by the user through the application (3); and to create a new bank account in the said currency unit.

The electronic device (2) included in the inventive system (1) is a device such as smartphone, tablet computer, desktop computer or portable computer which is configured to run at least one application (3) on thereof. The electronic device (2) is configured to realize data exchange by using any remote communication protocol. In a preferred embodiment of the invention, the electronic device (2) is configured to realize data exchange by using any data bus such as Internet. The electronic device (2) is configured to communicate with the server (4) by using any remote communication protocol and to ensure that data exchange is realized between the application (3) and the server (4) over this communication established. The said electronic device (2) is configured to ensure that the user makes contact with the application (3).

The application (3) included in the inventive system (1) is run on the electronic device (2) and it is configured such that it will realize data exchange with the server (4) over the connection established between the electronic device (2) and the server (4) by using any remote communication protocol. The said application (3) is configured such that it will at least enable the users to access their electronic bank accounts. The application (3) is configured such that it will enable the user to enter information about the amount of money which s/he wants to be utilized, the currency units which s/he wants to be followed up and the date range when s/he wants the money available in his/her bank account to be utilized by means of an interface provided. The application (3) is configured to provide an interface that is adapted such that it will enable the banks to offer options to their users such as getting advance for using the money that is requested to be utilized, blocking a certain amount of the account or using the money in the current account; and enable the users to choose any of these options. In a preferred embodiment of the invention, the application (3) is configured to provide the currency units wherein a decrease is detected in the exchange rate as a result of the rate analysis carried out by the server (4) within the date range specified by the user, to the user by means of an interface and to ensure that the user chooses one of these currency units provided to be utilized. In one embodiment of the invention, the application (3) is configured to provide an interface which is adapted such that it will enable the users to enter their address information. The said application (3) is configured to provide an interface which is adapted to ensure that the users can give approval in order that foreign currency buying transactions are carried out over contracted exchange offices. The application (3) is also configured to provide an interface which is adapted such that it will enable the users to choose exchange office and/or view the nearest exchange office in accordance with the address information entered.

The server (4) included in the inventive system (1) is configured to communicate with the electronic device (2) by using any remote communication protocol and to realize data exchange with the application (3) running on this electronic device (2) over this communication established. The said server (4) is configured to receive the information which are determined by means of the application (3) over the communication established with the electronic device (2) and related to the amount of money that is requested to be utilized, the exchange rates that are requested to be followed up and the date range when the money is requested to be utilized. In a preferred embodiment of the invention, the server (4) is configured to detect whether a decrease has occurred in any exchange rate of the currency units by following up the exchange rates for the currency units chosen by the user, within the date range specified by the user. The said server (4) is configured to ensure that the user is contacted by means such as electronic mail, text message, voice call, application notification in order to get his/her approval for converting a certain amount available in the account into the said currency unit when it is detected that a decrease has occurred in any exchange rate of the currency units chosen, within the date range specified by the user through the application (3). The server (4) is configured to convert the amount, that is specified by the user over the application (3) after the approval received from the user by means of at least one the related communication means, into the currency unit wherein a decrease is detected in its exchange rate; to update his/her present account; and to open a new bank account in the related currency unit. In one embodiment of the invention, the server (4) is configured to follow up and analyse all exchange rates within the date range when the money is requested to be utilized, in the event that the user does not enter the currency units that s/he wants to be followed up by means of the interface provided over the application (3). The said server (4) is configured to ensure that the currency units wherein decrease is detected as a result of the analysis carried out within the date range specified by the user are provided to the user upon being transmitted to the application (3). The server (4) is configured to receive the data about the exchange rates by communicating with the exchange office servers (DS) and to share the information with the exchange offices such as the amount that is requested to be utilized specifically for each customer over the communication established with the exchange office servers (DS), the rate that is requested to be converted, the date when the money is requested to be utilized. The server (4) is configured to analyse all exchange rates and/or the certain exchange rates chosen by the user with the data that it receives from the exchange office servers (DS).

With the inventive system (1), it is ensured that a certain amount of money available in the accounts of bank customers who want to buy foreign currency is automatically converted into a money currency wherein decrease occurs in its exchange rate, without needing to follow up instant exchange rate changes.

Within these basic concepts; it is possible to develop a great variety of embodiments of the inventive “An Account Opening System in a Different Currency Unit (1)”; the invention cannot be limited to examples disclosed herein and it is essentially according to claims.