Abstract: Systems, computer program products, and methods are described herein for implementing centralized resource distribution framework. The present invention is configured to electronically receive, from a computing device associated with a client, an indication to initiate a resource transfer to a user; retrieve, from a resource repository, one or more resource transfer parameters associated with the user based on at least the information associated with the user; and execute the resource transfer to the user based on at least the one or more resource transfer parameters, wherein executing further comprises transferring the resource from a source repository to the one or more target repositories via the one or more resource routing channels.

Abstract: Systems, computer program products, and methods are described herein for implementing centralized resource distribution framework. The present invention is configured to electronically receive, from a computing device associated with a client, an indication to initiate a resource transfer to a user; retrieve, from a resource repository, one or more resource transfer parameters associated with the user based on at least the information associated with the user; and execute the resource transfer to the user based on at least the one or more resource transfer parameters, wherein executing further comprises transferring the resource from a source repository to the one or more target repositories via the one or more resource routing channels.

Abstract: Embodiments of the present invention provide for the generation and management of a virtual resource account mechanism that supports a varied set of resource types and reduces the time, complexity, and cost associated with maintaining multiple resource accounts in different regions. The present invention is generally related to configuring one or more virtual resource accounts and, more specifically, providing for selection of resource amounts of different resource types prior to or in conjunction with initiation of a resource action. Conversion rate(s) used to determine the resource amount(s) is defined at the onset of the resource event, and a consistency of resource transfer activity is supported by a simplified virtual resource account structure with a singular user resource account identifier.