Invention Grant
- Patent Title: Management of intra-day interest calculations for bank accounts
- Patent Title (中): 管理银行账户的日内利息计算
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Application No.: US10673442Application Date: 2003-09-30
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Publication No.: US07693793B2Publication Date: 2010-04-06
- Inventor: Diane Simona Bettina Schmidt
- Applicant: Diane Simona Bettina Schmidt
- Applicant Address: DE Walldorf
- Assignee: SAP AG
- Current Assignee: SAP AG
- Current Assignee Address: DE Walldorf
- Agency: Kenyon & Kenyon LLP
- Main IPC: G06Q40/00
- IPC: G06Q40/00 ; G06Q10/00

Abstract:
Embodiments of the present invention relate to a computer-implemented method and system for managing intra-day interest calculation on a bank account. The embodiments provide for control of and support for interest calculations that, instead of being based on daily end-of-day account balances, are based on a plurality of net account balances as determined for a plurality of points in time within a day.
Public/Granted literature
- US20050080694A1 Management of intra-day interest calculations for bank accounts Public/Granted day:2005-04-14
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