Inventors:
RICHARD C. TRAVIS - SEMINOLE FL, US
JAESON BANG - SAFETY HARBOR FL, US
International Classification:
G06Q 40/00
Abstract:
A system and method are disclosed for converting leftover foreign currency into the native funds of a foreign traveler. The system is preferably embodied similar to haw an ATM and Vending machines mechanically operate and is preferably located at a final destination for a foreign traveler such as an airport. The machine can preferably accept both coins and paper currency. Rather than converting the foreign money into the native currency, the traveler can insert a financial card and the converted currency is credited to the account associated with the card. Alternatively, a gift card can be credited and issued to the traveler for the amount of the converted currency. The system can be designed to receive accurate exchange rates once the traveler's desired country is selected. The system can also deduct a transaction fee before crediting the converted amount to the traveler.