System for performing combined financial transactions with single dispensing of cash

A system for performing transactions comprising:

• a cash receiving unit having a cash inlet, a cash return outlet, and means for checking the cash placed in said inlet for genuineness and for accepting cash which is genuine;
• means for entering the amount of each transaction;
• a key for setting an excess rejection mode;
• processor means responsive to said cash receiving unit and said entering means, for storing entered transaction amounts and the amount of cash which as accepted as genuine, said processor means being responsive to said key for setting an excess rejection mode and including means for comparing the accepted amount of cash with the amount of a selected transaction every time cash is accepted, and operating said cash receiving unit to return an excess of cash through said return outlet after the accepted amount has reached the amount of the transaction, when the excess rejection mode is set.

A method for performing financial transactions in a system comprising the steps of:

• receiving deposited cash in a cash receiving unit having a cash inlet for receiving the cash;
• checking the received cash for genuineness;
• accepting cash which is genuine and storing accepted cash;
• determining and storing the amount of cash accepted;
• selecting a combination of depositing and/or withdrawing transactions;
• receiving manually entering keyboard numerical data representing amounts of money for selected depositing and withdrawing transactions;
• performing one of setting the system into a combined transaction service mode and resetting the system out of the combined transaction service mode;
• storing in a payment balance memory the total amount of money to be dispensed at the end of the selected transactions;
• calculating the payment balance stored in said memory when the system is set in the combined transaction service mode by adding to the amount stored in the memory the amount of cash stored by the cash receiving unit and the amount of money to be withdrawn for each withdrawing transaction and subtracting from the amount stored in the memory the amount of money to be deposited for each depositing transaction;
• and
• preventing a cash dispenser from dispensing cash when the system is set for the combined transaction service mode and causing the dispenser to release cash in the sum of the stored payment balance when the system is reset out of the combined transaction service mode.

A method for performing transactions comprising the steps of:

• depositing cash in a cash receiving unit having a cash inlet and a cash return outlet;
• checking the cash placed therein and accepting cash which is genuine;
• storing the amount of cash accepted by the cash receiving unit;
• receiving entered amounts of each transaction;
• storing the entered transaction amounts;
• setting an excess rejection mode;
• and
• comparing the accepted amount of cash with the amount of a selected transaction every time cash is accepted and returning an excess of cash after the accepted amount of cash has reached the amount of the transaction when the excess rejection mode is set.