Bank note dispensing device with recycling capability

Details Bank note dispensing device with recycling capability Bank note dispensing device with recycling capability

2005-04-26

2005-04-26

Lee, Michael G. (Department: 2876)

Registers

Systems controlled by data bearing records

Banking systems

C902S016000, C902S017000

Reexamination Certificate

active

06883704

ABSTRACT:
A bank note dispensing device includes a storage unit which can store bank notes that can be dispensed to a user through a discharge opening. A monitor unit can be operatively positioned relative to a passageway for transporting the bank notes in order to determine any abnormal conditions, such as accidental discharge of duplicate bank notes. A diverting unit can be operatively connected to the monitoring unit to remove a bank note from the passageway when the monitoring unit indicates an abnormal condition. A second diverting unit can be activated to position a removed bank note in a reject storage container. A recycle unit can receive an abnormal designated bank note and provide a second passageway to return the abnormal designated bank note to a position for subsequent transportation by the transporting unit through the discharge opening.

REFERENCES:
patent: 4020972 (1977-05-01), Lundblad
patent: 4095781 (1978-06-01), Kistner et al.
patent: 4726474 (1988-02-01), Arikawa et al.
patent: 4739156 (1988-04-01), Watanabe
patent: 4795889 (1989-01-01), Matuura et al.
patent: 6068101 (2000-05-01), Dickenson et al.
patent: 6098837 (2000-08-01), Izawa et al.
patent: 6264556 (2001-07-01), Izawa et al.
patent: 6293867 (2001-09-01), Heidel et al.
patent: 6371473 (2002-04-01), Saltsov et al.

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