METHODS AND SYSTEMS FOR MANAGING GOVERNMENT ISSUED ENTITLEMENTS
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United States of America Patent
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app pub date -
Jun 6, 2013
filing date -
Jun 7, 2007
priority date (Note) -
Abandoned
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Abstract
A method for designating accounts for funds from a check to be deposited is described. The method includes receiving, at a processing center having a processor, a direct deposit government entitlement check from a government entity to be deposited. The check may include an identifier. The method further includes comparing the identifier with a customer database to determine that funds from the check have been designated to be divided into sub-amounts and deposited into a plurality of accounts. Each of the plurality of accounts has account type and an associated expenditure designation. The method then receives a report of a total amount deposited from the check for each type of associated expenditure designation and each account type.
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