Bank note dispensing device with recycling capability

In a dispensing device for storing bank notes in a storage unit and dispensing bank notes to a user through a discharge slot, the improvement of:

• a safe for storing bank notes;
• a let off device for selectively removing bank notes from the safe;
• a transporting unit for transporting a bank note to be discharged along a first passageway to the discharge slot;
• a monitor unit operatively positioned relative to the first passageway to monitor a condition of the transported bank note;
• a first diverting unit operatively connected to the monitor unit to remove a bank note from the first passageway when the monitor unit indicates a duplicate bank note;
• and
• a recycling unit for receiving the duplicate bank note along a second passageway to return the duplicate bank note to a position for subsequent transportation to the let off device to enable storage of the duplicate bank note in the safe through the let off device.

A bank note dispensing device comprising:

• a storage unit for storing bank notes;
• a let off device for removing a bank note from the storage unit;
• a first transporting unit for transporting the bank note from the let off device towards a dispensing slot;
• a second transporting unit for transporting the bank note from the first transporting unit to the dispensing slot;
• a first diverting device between the first transporting unit and the second transporting unit to divert bank notes;
• a recycling passageway is positioned adjacent the first diverting device to receive diverted bank notes and return the diverted bank notes to the let off device;
• a second diverting device adjacent the recycling passageway;
• a monitor unit for monitoring the transported bank notes;
• and
• a reject storage unit operatively positioned adjacent the second diverting device for storing rejected bank notes.

A bank note dispensing device to provide a user bank notes through a dispensing slot comprising:

• a safe which stores bank notes which are stacked up;
• a bank note let off device located in the safe for contacting the stored bank notes and selectively removing a bank note from the safe;
• a first transporting device which transports the bank notes parallel to the stacked up direction in the safe and is located adjacent the safe;
• a monitoring unit which monitors the bank notes to be dispensed and is located adjacent the first transporting device;
• a diverting device which directs a bank note in response to an abnormal condition signal from the monitoring unit to either a recycle passageway or the first transporting device, the recycle passageway is located between the first transporting device and the safe;
• a recycling device for transporting a bank note in the recycle passageway;
• and
• a second transporting device which transports the bank notes towards an extending direction of the stored bank notes which pass through the diverting device, transports the bank notes to the dispensing slot and is located near and parallel to the safe.

A bank note dispensing device comprising:

• a safe which stores bank notes and has a dispensing slot;
• a bank note let off device located in the safe;
• a transporting device for transporting the bank notes to the dispensing slot;
• a monitoring unit which monitors the bank notes to be dispensed;
• a diverting device for directing a bank note, in response to an abnormal condition signal from the monitoring unit, to a recycle passageway;
• and
• a recycling device for transporting the bank note in the recycle passageway to the transporting device, the recycling device includes a device to separate the bank note from the bottom of the safe.

A bank note dispensing device comprising:

• a safe which stores bank notes and has a dispensing slot;
• a bank note let off device located in the safe;
• a transporting device for transporting the bank notes to the dispensing slot;
• a monitoring unit which monitors the bank notes to be dispensed;
• a diverting device for directing a bank note, in response to an abnormal condition signal from the monitoring unit, to a recycle passageway;
• and
• a recycling device for transporting the note in the recycle passageway to the transporting device, the recycling device includes a lifting device to separate the bank note from the bottom of the safe.

A bank note dispensing device comprising:

• a safe for storing a plurality of bank notes in a stack including a let off device operatively positioned to contact and remove a bank note from the plurality of stacked bank notes through an opening in the safe that transmits a bank note from the stack;
• a transport system for transporting a bank note from the let off device to a position to be dispensed to a user;
• a monitoring unit which monitors the dispensed bank notes to determine if more than one bank note has been inadvertently dispensed from the let off device when activated in a mode to dispense one bank note;
• and
• a control unit for responding to a signal from the monitoring unit of more than one bank note being inadvertently dispensed, the control unit activating the transport system to return the inadvertently dispensed bank note to operatively engage the let off device and activating the let off device to engage the inadvertently dispensed bank note and reinsert the inadvertently dispensed bank note in the stack through the let off device.