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WHAT ABC MEANS FOR THE CUSTOMER
Classify check spending on the spot
Ease the tasks of budgeting and taxes
WHAT ABC DOES FOR THE BANKS
Expenditure reporting service creates new revenues
Attract new checking account customers
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Auto-Budget Checking (ABC) offers the most convenient way for the
customer to classify expenditures by category. When writing the check
at the point of sale the customer simply puts a mark on the ABC classification
grid in the lower left corner of the check. With optical character recognition
or check imaging, the bank automatically totals each category to produce
a monthly expenditure report. In addition, the customer may access ABC
data daily, weekly, monthly or annually via hard copy, phone, or PC. With
ABC, the individual or small business can compare actual spending with
their budget. The ABC customer does not need to use software or hardware.
Through the customer's simple use of the ABC grid, the bank can now offer
a value-added service.
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User friendly ABC classification grid on each check
Consumer simply classifies expenditure type at time of check writing,
at point of service
U.S. Patent Number 5,433,483
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Chen-Yu Enterprises, LLC
1601 Bayshore Highway, Suite 311
Burlingame, CA 94010
Toll Free: 888-454-7687
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Phone: 650-652-6565
Fax 650-652-6567
E-Mail: glgroup@inreach.com
Web:www.abcye.com
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