Systems and methods for remote cash deposit system
AssigneeUnited Services Automobile Association (USAA)
InventorsWill Kerns Maney, Jr., Oscar Guerra, Ruthie D. Lyle
Life of this patent
Estimating the term…
Abstract
Secure cash deposit containers, such as secure cash bags or secure cash boxes equipped with an integrated bill scanner and a transmitter. The integrated bill scanner may receive and count the bills, and then store them in the secure cash deposit container. A transmitter in communication with the scanner may then transmit a report to the bank servicing the commercial establishment's cash deposit account. The bank may then automatically credit the amount reported by the scanner to the commercial establishment cash deposit account. The amount credited may be subject to further verification, for example, by a bank teller or by a bank's automated cash counting and sorting machines.
Claims20
A secure cash deposit container assigned to a commercial establishment for receipt of funds by a financial institution, comprising:
- a bill scanner;
- an antenna electrically connected to a transmitter;
- an electronic circuit comprising a microprocessor and a transmitter module;
- and
- an electrical power source electrically connected to the scanner, the electronic circuit and the transmitter,
- wherein the bill scanner is configured to scan bills fed into the bill scanner and to transmit information relating to the bills as scanned to the financial institution;
- and
- a lock that is opened only after the secure cash deposit container receives a command from a device in the financial institution confirming that the secure cash deposit container is physically present in the financial institution, followed by entering a password to unlock the lock at the physical premises of the financial institution.
A system for the prompt crediting of cash deposits being deposited by a commercial establishment for receipt by a financial institution, comprising:
- a secure cash deposit container in communication with a remote device at the financial institution, the secure cash deposit container comprising:
- an integrated scanner configured to scan paper currency as the paper currency is being inserted through the scanner into the secure cash deposit container;
- an electronic circuit comprising modules for receiving identification of the paper currency that has been scanned by the integrated scanner, said electronic circuit being electrically connected to the integrated scanner;
- a transmitter in electrical communication with the electronic circuit;
- an antenna connected to the transmitter for transmitting information relating to the paper currency that has been scanned by the integrated scanner to the remote device at the financial institution;
- and
- a lock that is opened only after the secure cash deposit container receives a command from a device in the financial institution confirming that the secure cash deposit container is physically present in the financial institution, followed by entering a password to unlock the lock at the physical premises of the financial institution.
A method for a financial institution to provide prompt credit to its customers, said customers having customer accounts at the financial institution, comprising:
- providing the customers with secure cash deposit containers, wherein the secure cash deposit containers comprise proprietary data that allows the secure cash deposit containers to communicate exclusively with the financial institution;
- receiving reports from the secure cash deposit containers regarding any amounts of cash scanned into the secure cash deposit containers;
- crediting the customers' accounts with the amounts of cash reported by the secure cash deposit containers;
- and
- confirming the amounts of cash being deposited by opening the secure cash deposit containers and counting the cash found therein, and comparing the amounts found in the secure cash deposit containers to the amounts reported by the secure cash deposit containers,
- wherein the secure cash deposit containers each comprise a lock that is opened only after the secure cash deposit container receives a command from a device in the financial institution confirming that the secure cash deposit container is physically present in the financial institution, followed by entering a password to unlock the lock at the physical premises of the financial institution.
Dependencies are inferred from the claim text.