Registers – Systems controlled by data bearing records – Banking systems
Patent
1987-06-03
1989-04-11
Pitts, Harold I.
Registers
Systems controlled by data bearing records
Banking systems
902 12, G06F 1530
Patent
active
048209090
ABSTRACT:
A transacting device performs its transacting operations in response to a customer's request for a deposit or payment transaction. Upon the request for the deposit transaction, paper currencies deposited through a money receiving/paying port are transferred en bloc by paper currency transferring means to an accumulation unit close to a separating unit. The currencies are individually separated by the separating unit and then identified by an identifying unit with respect to authenticity, monetary classification and the number of currencies. Thereafter, the currencies are accumulated in a plurality of accumulation units according to the monetary classification. When making the request for the payment transaction, a plurality of the currencies accumulated in the accumulation units are transferred en bloc by the transferring means to the accumulation unit vicinal to the separating unit. The currencies are separated piece by piece by the separating unit and identified by the identifying unit with respect to the authenticity monetary classification and the number of currencies. The identified currencies are accumulated in another accumulation unit. After the currencies whose species and number are specified by the customer have been accumulated in this accumulation unit, the currencies are transferred en bloc by the transferring means to the money receiving/paying port, whereby the currencies are handed over to the customer.
REFERENCES:
patent: 4479049 (1984-10-01), Hirose
Innami Tamio
Katoh Takeshi
Kawauchi Masataka
Sato Mitsuyoshi
Hitachi , Ltd.
Pitts Harold I.
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