Method and apparatus for improving bank operation productivity

Registers – Systems controlled by data bearing records – Banking systems

Patent

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Details

235375, 235432, 235376, G06F 1530

Patent

active

044171366

ABSTRACT:
A system for improving the processing of financial transactions using direct customer entry of the transaction data and automatic verification of this data during proof operations. Each customer prepares his own transaction slip via a remote terminal, which slip is delivered to a teller for verification. During proof and encoding operations, the amount field of each document is read and composed with the data entered by the customer for correspondence; any errors may be corrected at this stage for reconciliation, saving time and labor costs.

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patent: 4201978 (1980-05-01), Nally
patent: 4264808 (1981-04-01), Owens

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