Method for currency distribution and management

Details Method for currency distribution and management Method for currency distribution and management

1997-07-24

2000-05-23

Le, Thien M.

Registers

Systems controlled by data bearing records

Banking systems

235380, 235383, 235384, 235437, 902 22, 902 24, 902 25, G06F 1760

Patent

active

060656727

ABSTRACT:
A method for currency management and tracking utilizing a unique standardized cassette for the transportation of note bundles and loading of note bundles into currency processing apparatus, the cassette having an accompanying smart card on which data regarding the individual note history of each note contained therein and distributed therefrom is recorded. The invention further provides for the uploading of data stored on cassette smart cards to a central data bank, thus allowing for the management and statistical modeling of the currency pool.

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patent: 5478992 (1995-12-01), Hamada
patent: 5545885 (1996-08-01), Jagielinski
patent: 5570465 (1996-10-01), Tsakanikas

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