| CPC G06Q 20/027 (2013.01) [G06Q 20/381 (2013.01); G06Q 20/4016 (2013.01); G06Q 20/405 (2013.01)] | 15 Claims |
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1. A non-transitory computer-readable medium having stored thereon instructions executable by a computer system to cause the computer system to perform operations comprising:
receiving a request to execute a payout of funds from a source account corresponding to a first country and a first currency to a destination account corresponding to a second country and a second currency;
executing, using one or more funding agencies in a global network of available funding agencies, one or more test payouts from the source account to the destination account;
selecting, based on latency identified during execution of the one or more test payouts, a first funding agency corresponding to the first country and a second funding agency corresponding to the second country from the global network of available funding agencies for the payout;
determining a receipt of the funds from a payor account has occurred at the selected first funding agency corresponding to the first country, the receipt of the funds being in the first currency;
causing, based on the receipt of the funds occurring at the first funding agency, a disbursement of the funds to a payee account at the selected second funding agency, the disbursement of the funds to the payee account at the second funding agency being in the second currency; and
transferring, after the disbursement of the funds to the payee account is caused, an amount equal to the funds received from the payor account, the transferring from the first funding agency to the second funding agency.
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