WO2002041111A3 - Dynamic currency conversion - Google Patents

Dynamic currency conversion Download PDF

Info

Publication number
WO2002041111A3
WO2002041111A3 PCT/US2001/045647 US0145647W WO0241111A3 WO 2002041111 A3 WO2002041111 A3 WO 2002041111A3 US 0145647 W US0145647 W US 0145647W WO 0241111 A3 WO0241111 A3 WO 0241111A3
Authority
WO
WIPO (PCT)
Prior art keywords
currency conversion
conversion rate
realtime
server
subscriber
Prior art date
Application number
PCT/US2001/045647
Other languages
French (fr)
Other versions
WO2002041111A2 (en
WO2002041111A9 (en
Inventor
Balwani Ramesh
Original Assignee
Commerce One
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by Commerce One filed Critical Commerce One
Priority to AU2002236548A priority Critical patent/AU2002236548A1/en
Publication of WO2002041111A2 publication Critical patent/WO2002041111A2/en
Publication of WO2002041111A3 publication Critical patent/WO2002041111A3/en
Publication of WO2002041111A9 publication Critical patent/WO2002041111A9/en

Links

Classifications

    • G—PHYSICS
    • G06—COMPUTING; CALCULATING OR COUNTING
    • G06Q—INFORMATION AND COMMUNICATION TECHNOLOGY [ICT] SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL OR SUPERVISORY PURPOSES, NOT OTHERWISE PROVIDED FOR
    • G06Q40/00—Finance; Insurance; Tax strategies; Processing of corporate or income taxes
    • G06Q40/02—Banking, e.g. interest calculation or account maintenance

Abstract

Dynamic currency conversion may be accomplished using a currency conversion rate server (8). The server intermittently sends requests to one or more financial institutions to return current realtime currency conversion rate information, the requests (2) spaced apart by a short period of time. It then receives the current realtime currency conversion rate information from the one or more financial institutions (10, 12, 14, 16) and stores them in a currency conversion rate database (8). When a request is received from a subscriber (2) for a near-realtime currency conversion rate, the server (6) receives one or more records from the currency conversion rate database indicating the near-realtime currency conversion rate and forwards them to the subscriber (2).
PCT/US2001/045647 2000-11-17 2001-11-14 Dynamic currency conversion WO2002041111A2 (en)

Priority Applications (1)

Application Number Priority Date Filing Date Title
AU2002236548A AU2002236548A1 (en) 2000-11-17 2001-11-14 Dynamic currency conversion

Applications Claiming Priority (2)

Application Number Priority Date Filing Date Title
US24967000P 2000-11-17 2000-11-17
US60/249,670 2000-11-17

Publications (3)

Publication Number Publication Date
WO2002041111A2 WO2002041111A2 (en) 2002-05-23
WO2002041111A3 true WO2002041111A3 (en) 2003-01-30
WO2002041111A9 WO2002041111A9 (en) 2003-04-17

Family

ID=22944485

Family Applications (1)

Application Number Title Priority Date Filing Date
PCT/US2001/045647 WO2002041111A2 (en) 2000-11-17 2001-11-14 Dynamic currency conversion

Country Status (2)

Country Link
AU (1) AU2002236548A1 (en)
WO (1) WO2002041111A2 (en)

Families Citing this family (1)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US9043225B2 (en) 2012-11-30 2015-05-26 Wal-Mart Stores, Inc. Approximating alternate currency equivalents in digital receipts

Citations (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US6199046B1 (en) * 1997-07-29 2001-03-06 Adsura Pty Ltd. Method system and article of manufacture for performing real time currency conversion
US6269345B1 (en) * 1996-12-03 2001-07-31 Jacques Riboud Transfer system and method for transferring amounts in different local currencies between a plurality of local banking organization
US20020023053A1 (en) * 2000-04-05 2002-02-21 Szoc Ronald Z. System, method and apparatus for international financial transactions

Patent Citations (3)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
US6269345B1 (en) * 1996-12-03 2001-07-31 Jacques Riboud Transfer system and method for transferring amounts in different local currencies between a plurality of local banking organization
US6199046B1 (en) * 1997-07-29 2001-03-06 Adsura Pty Ltd. Method system and article of manufacture for performing real time currency conversion
US20020023053A1 (en) * 2000-04-05 2002-02-21 Szoc Ronald Z. System, method and apparatus for international financial transactions

Also Published As

Publication number Publication date
AU2002236548A1 (en) 2002-05-27
WO2002041111A2 (en) 2002-05-23
WO2002041111A9 (en) 2003-04-17

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