Banknote escrow and stacker apparatus and method
AssigneeMars, Incorporated
InventorsGuustaaf Arthur Schwippert, Wilhelm Aart Van Zeggeren
Life of this patent
Estimating the term…
Abstract
A currency handling machine receives a banknote and transports it in tension to an escrow container for temporary storage in a stack along with any other banknotes involved in a transaction until the customer instructs the machine to either complete the transaction or to cancel the transaction and return his money. The banknote or stack of banknotes is conveyed to a locked deposit box if the transaction is completed or is conveyed within the escrow container to a refund compartment accessible by the customer if the transaction is cancelled.
Claims45
A banknote handling apparatus having a first container which is movable within the apparatus between a first position and a second position, the container having at least one opening through which banknotes can be moved,
- a second container having an opening for receiving banknotes from the first container,
- means for transporting received banknotes to a predetermined position adjacent the first position of the first container,
- means for transporting banknotes from the predetermined position into the first container for stacking of the banknotes in facial contact therein,
- means for transporting a stack of banknotes from within the first container into the second container,
- means for moving the first container between its first position and its second position, and
- refund means for removing a stack of banknotes from the first container in its second position and delivering the stack to the user of the apparatus.
A banknote handling apparatus comprising
- first means to receive seriatum banknotes of like dimensions,
- second means to transport each received banknote edge first under tension from the first means to a substantially horizontally oriented pre-storage location;
- an escrow container normally positioned in a substantially horizontal orientation beneath the pre-storage location for receiving banknotes from the pre-storage location and for holding one or more received banknotes in facially stacked relation,
- a deposit box positioned beneath the escrow container for receiving banknotes from the escrow container when in its normal position, and
- pusher means for moving each verified banknote in a direction perpendicular to the banknote face from the pre-storage location into the escrow container, the pusher means also being adapted to further move the stacked banknotes in a direction perpendicular to the banknote face down through the bottom of the escrow container and into the deposit box.
A method for receiving seriatum banknotes of like dimensions in a banknote handling apparatus and moving the banknotes within the apparatus to a container for facial stacking therein, characterized by a cycle having the steps of receiving each banknote, transporting the banknote edgewise to a predetermined location, pushing each banknote in a direction perpendicular to the banknote face from the predetermined location into a container, thereby facially stacking banknotes within the container, and, mechanically moving the container with facially stacked banknotes within it to a location within the apparatus where the banknotes are removed from the container and delivered to the user.
Dependencies are inferred from the claim text.