Patents Assigned to American Express Bank Ltd.
  • Publication number: 20090083193
    Abstract: A system and method for facilitating the negotiation of credits. The bank issuing the credit and a nominated bank agree to program conditions pursuant to which the nominated bank, based upon its own examination of documents presented under the credit and before said documents are forwarded to, received, and accepted by the issuing bank, will pay, accept, or negotiate the credit with no or limited recourse to the issuing bank for discrepancies in the documents.
    Type: Application
    Filed: December 2, 2008
    Publication date: March 26, 2009
    Applicant: AMERICAN EXPRESS BANK LTD.
    Inventors: FIDES CARLOS, GLENN D.J. RANSIER, FARHAD SUBJALLY, SHANKAR SUBRAMANIAM, IMRAN YUSUF
  • Patent number: 7480633
    Abstract: A system and method for processing a brokerage account application in a substantially real-time environment, where a host system retrieves Applicant data via a distributed network, communicates with a credit bureau system to obtain credit decisioning and approval; establishes an Applicant account, activates the account and obtains a username and password, which, upon receipt, allows the Applicant/account-holder to begin placing trades.
    Type: Grant
    Filed: December 20, 2001
    Date of Patent: January 20, 2009
    Assignee: American Express Bank Ltd.
    Inventors: Christina Chow, Paul Stoxen, Marcus Sheire, Timothy G. Austin
  • Patent number: 7475037
    Abstract: A system and method for facilitating the negotiation of credits. The bank issuing the credit and a nominated bank agree to program conditions pursuant to which the nominated bank, based upon its own examination of documents presented under the credit and before said documents are forwarded to, received, and accepted by the issuing bank, will pay, accept, or negotiate the credit with no or limited recourse to the issuing bank for discrepancies in the documents.
    Type: Grant
    Filed: December 4, 2003
    Date of Patent: January 6, 2009
    Assignee: American Express Bank Ltd.
    Inventors: Fides Carlos, Glenn D. J. Ransier, Farhad Subjally, Shankar Subramaniam, Imran Yusuf
  • Publication number: 20060277143
    Abstract: A system for facilitating electronic transfer of funds includes a transfer administrator in communication with a transferor institution, one or more intermediary institution, and a transferee institution, the transferor institution having an account at the one or more intermediary institution. The transfer administrator may be configured to receive an incoming payment request designating said transferor institution, a quantity of funds to be transferred, and the transferee institution. The transfer administrator generates and issues a translated payment order based at least in part on the incoming payment request and configured to accomplish a transfer among the transferor institution, the one or more intermediary institution, and the transferee institution. Finally, the transfer administrator may facilitate processing of a balancing payment among the transferor institution, the one or more intermediary institution, and the transferee institution.
    Type: Application
    Filed: August 16, 2006
    Publication date: December 7, 2006
    Applicant: AMERICAN EXPRESS BANK LTD.
    Inventors: Eddy Almonte, Steven Aponte, Gennaro Bruni, Luiz Couto, Gabriela Crespo, Nageswararao Dasari, Nina Eckstein, Joseph Fernandez, Bill Gilbert, Gordon Joost, George Kreiner, Subramaniam Krishnan, Ramaswamy Madhavan, Arthur McGrath, Colleen Wolfe
  • Patent number: 7110980
    Abstract: A system for facilitating electronic transfer of funds includes a transfer administrator in communication with a transferor institution, one or more intermediary institution, and a transferee institution, the transferor institution having an account at the one or more intermediary institution. The transfer administrator may be configured to receive an incoming payment request designating said transferor institution, a quantity of funds to be transferred, and the transferee institution. The transfer administrator generates and issues a translated payment order based at least in part on the incoming payment request and configured to accomplish a transfer among the transferor institution, the one or more intermediary institution, and the transferee institution. Finally, the transfer administrator may facilitate processing of a balancing payment among the transferor institution, the one or more intermediary institution, and the transferee institution.
    Type: Grant
    Filed: February 5, 2003
    Date of Patent: September 19, 2006
    Assignee: American Express Bank Ltd.
    Inventors: Eddy Almonte, Steven Aponte, Gennaro Bruni, Luiz C. Couto, Gabriela Crespo, Nageswararao Dasari, Nina Eckstein, Joseph Fernandez, Bill Gilbert, Gordon Joost, George Kreiner, Subramaniam Krishnan, Ramaswamy Madhavan, Arthur McGrath, Colleen Wolfe