Local methods as useful tools for the elucidation of the electronic structu
re of large molecules are receiving growing attention. These methods pel mi
t the definition of 'local' orbitals, which can be transferred from one mol
ecule to another. In this paper we show that the simple transfer of extreme
ly localized molecular orbitals, followed by a simple relaxation process, c
an provide results that are comparable to a fully optimized self-consistent
wavefunction. Atomic charges and electrostatic potentials, which are usefu
l properties in the investigation of the interaction between large molecule
s, are analyzed. The algorithm used to determine extremely localized molecu
lar orbitals, a slight modification of the self-consistent field for molecu
lar interactions (SCF-MI), is briefly reviewed. (C) 2000 Elsevier Science B
.V. All rights reserved.