Abstract: A computerized system including a first processor to determine a difference between an actual settlement and a respective expected settlement for each of a plurality of client transactions, each client transaction having an expected settlement in a first currency and a transaction price in a second currency under which the transaction is performed, the transaction price being determined from the expected settlement using a respective time-limited guaranteed exchange rate between the first and second currencies, and each actual settlement in the first currency being determined from the transaction price using a third party exchange rate, such that for each client transaction any difference between an actual settlement and a respective expected settlement is at least in part due to a difference between the time-limited guaranteed exchange rate and the third party exchange rate; and a second processor to adjust, for each client transaction, a respective client account balance according to said difference.

Abstract: A computerized system including a first processor to determine a difference between an actual settlement and a respective expected settlement for each of a plurality of client transactions, each client transaction having an expected settlement in a first currency and a transaction price in a second currency under which the transaction is performed, the transaction price being determined from the expected settlement using a respective time-limited guaranteed exchange rate between the first and second currencies, and each actual settlement in the first currency being determined from the transaction price using a third party exchange rate, such that for each client transaction any difference between an actual settlement and a respective expected settlement is at least in part due to a difference between the time-limited guaranteed exchange rate and the third party exchange rate; and a second processor to adjust, for each client transaction, a respective client account balance according to said difference.

Abstract: Data processing systems for international commerce, and in particular relates to cross border transactions in which a foreign exchange transaction is required to settle payment for goods or services. The invention finds particular application in relation to large numbers of low value transactions.

Abstract: The present invention relates to the field of data processing systems for international commerce, and in particular relates to cross border transactions in which a foreign exchange transaction is required to settle payment for goods or services. The invention finds particular application in relation to large numbers of low value transactions.