US Patent:
20050108154, May 19, 2005
Inventors:
Dirk McLiesh - Washington DC, US
Walter Blotkamp - Vienna VA, US
Lori Holmes - Washington DC, US
Patricia Newcomer-Simmons - Glen Allen VA, US
International Classification:
G06F017/60
Abstract:
Providing, to a consumer having a first financial instrument, a second financial instrument may comprise receiving funds associated with the first financial instrument held with a first institution, the funds having been reduced by a penalty for closing the first financial instrument. Next, the funds may be increased by a first amount based on the reduced funds due to the penalty. Then the increased funds may be transferred the to the second financial instrument.