Apparatus for dispensing bank notes

Details Apparatus for dispensing bank notes Apparatus for dispensing bank notes

1975-08-25

1976-03-09

Reeves, Robert B.

Check-actuated control mechanisms

Including noncontacting, relatively movable parts connected...

194DIG26, 271 20, 235 617R, G07F 1100

Patent

active

RE0287318

ABSTRACT:
Apparatus for dispensing bank notes, of the type operating with a bank identity card. This apparatus requires the simultaneous utilization of a bank identity card and of a cheque the amount of which corresponds to the sum requested. It comprises rotary reading heads for verifying the authenticity and the nonfalsification of the card or cheque, as well as a combined verification device for verifying the correspondence between the card and the cheque for controlling the dispensing of notes.

REFERENCES:
patent: 1458462 (1923-06-01), Braunstein
patent: 2033849 (1936-03-01), Mudd
patent: 2524417 (1950-10-01), Bamber
patent: 3163414 (1964-12-01), Lingenbrink
patent: 3570643 (1971-03-01), Maierhofer
patent: 3588449 (1971-06-01), Paterson
patent: 3643216 (1972-02-01), Greenaway et al.
patent: 3657521 (1972-04-01), Coustable
patent: 3675816 (1972-07-01), Bourke et al.

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