Bill storing mechanism for automatic teller machines

Details Bill storing mechanism for automatic teller machines Bill storing mechanism for automatic teller machines

1983-08-01

1985-11-12

Schacher, Richard A.

Sheet feeding or delivering

Delivering to stack and feeding therefrom

With sheet sensor for selective location

271 81, 271160, 271187, 271201, 271220, 271315, B65H 522

Patent

active

045523517

ABSTRACT:
In a currency deposit and dispensing machine, a movable stacking assembly having a pair of paddle wheels is provided in the box for receiving the deposited bills. A predetermined box for receiving the deposited bills. A predetermined space is kept between the wheels and the top of the bills stacked in the box so that the received bills can be positively stacked in the box. On dispensing bills, the weight of the paddle wheel assembly is made to press against the top of the stacked bills so that the bills can be positively fed out one by one from the box through a feed port at the bottom of the box.

REFERENCES:
patent: 1958133 (1934-05-01), Delany
patent: 3584869 (1971-06-01), Traphagen
patent: 3908985 (1975-09-01), Wiseman
patent: 4456234 (1984-06-01), Simonotti

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