FINANCIAL SETTLEMENT SYSTEM

• Main Author: HISHINUMA MASAHIRO
• Format: Patent
• Language: English
• Published: 05.04.2002
• Edition: 7
• Subjects: CALCULATING; CHECKING-DEVICES; COIN-FREED OR LIKE APPARATUS; COMPUTING; COUNTING; DATA PROCESSING SYSTEMS OR METHODS, SPECIALLY ADAPTED FORADMINISTRATIVE, COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORYOR FORECASTING PURPOSES; HANDLING OF COINS OR OF PAPER CURRENCY OR SIMILAR VALUABLEPAPERS, e.g. TESTING, SORTING BY DENOMINATIONS, COUNTING,DISPENSING, CHANGING OR DEPOSITING; PHYSICS; SYSTEMS OR METHODS SPECIALLY ADAPTED FOR ADMINISTRATIVE,COMMERCIAL, FINANCIAL, MANAGERIAL, SUPERVISORY OR FORECASTINGPURPOSES, NOT OTHERWISE PROVIDED FOR

PROBLEM TO BE SOLVED: To provide a financial settlement system enabling a user to efficiently operate a fund related to a life. SOLUTION: The user 5 having a payment bill sent from a credit company 7 or a public service providing company 8 via mail gives instruction concerning the appropriation of a fund for paying a price to a price charger to be deducted from a settling account 12 to the computer system 17 of a financial facility through the Internet 16. To put it in the concrete, the user 5 instructs whether to appropriate the fund from a deposit 3 to a settlement account 12 or to have the loan of the fund from the facility 11 to a loan account 14 to appropriate the fund to the account 12. The user 5 indicates the amount, the payment period, a paying method, etc., of the loan from the facility 11. As for the paying method of the loan, the user 5 selects an optional method from batch payment, divided payment, deferred payment, etc., to indicate it.