Machine and method for cash recycling and cash settlement

Check-actuated control mechanisms – Including means to test validity of check

Reexamination Certificate

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Reexamination Certificate

active

06983836

ABSTRACT:
A cash recycling machine (11) is connected in a network with a computer (10) and other recycling equipment (12), the cash recycling machine (11) having an input device (18) for receiving cash, a sorter (31) for sorting the cash into a plurality of hopper assemblies (26–29), a controller (21) responsive to inputs from a user in a first operating cycle of the machine to cause the hopper assemblies (26–29) to dispense an amount of sorted cash to a cash drawer and to store the amount of dispensed cash in memory in association with a user account number, the controller (21) being responsive to input of a batch of cash and the user account number in a second cycle to count the cash received, and to compare the amount of cash received with the amount of cash dispensed to determine a net amount of cash associated with the user. The controller (21) has the ability to track transactions of employees through the work shift for reconciliation at the end of the work shift and to report results to a central accounting computer.

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PCT International Search Report dated Nov. 9, 2004.

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