Currency dispenser

A method of depositing and dispensing currency using a desktop document denominating and currency dispensing device comprising an input receptacle, a transport path, a single output receptacle, an image scanner, a processor, a controller, an interface, and one or more dispensing receptacles comprising the acts of:

• receiving a stack of documents including U.S. bills having at least one of a plurality of U.S. bill denominations to be deposited in the input receptacle of the device;
• transporting the documents received, one at a time, from the input receptacle along the transport path at a rate of at least 400 documents per minute;
• scanning the documents with the image scanner;
• generating image data output signals in response to information scanned on the documents;
• receiving image data output signals with the processor;
• determining the document type and value with the controller based on the image data output signals;
• delivering the documents received to a single output receptacle;
• removing the documents from the single output receptacle;
• inputting a withdrawal request into the processor via the interface;
• dispensing at least one U.S. bill having at least one of a plurality of U.S. bill denominations to be dispensed to satisfy the withdrawal request from the one or more dispensing receptacles, each receptacle adapted to hold a plurality of currency bills having the same denomination;
• transporting the at least one bill dispensed from the one or more dispensing receptacles along the transport path;
• determining the denomination of the at least one U.S. bill dispensed at a rate in excess of at least 400 bills per minute;
• delivering to the single output receptacle the at least one U.S. bill dispensed;
• and
• using the image data output signals for ICR.

A method of depositing and dispensing currency using a desktop document denominating and currency dispensing device comprising an input receptacle, a transport path, a single output receptacle, an image scanner, a processor, a controller, an interface, and a single set of a plurality of dispensing receptacles comprising the acts of:

• receiving a stack of documents including U.S. bills having at least one of a plurality of U.S. bill denominations to be deposited in the input receptacle of the device;
• transporting the documents received, one at a time, from the input receptacle along the transport path at a rate of at least 400 documents per minute;
• scanning the documents with the image scanner;
• generating image data output signals in response to information scanned on the documents;
• receiving image data output signals with the processor;
• determining the document type and value with the controller based on the image data output signals;
• delivering the documents received to a single output receptacle;
• manually removing the documents from the single output receptacle;
• inputting a withdrawal request into the processor via the interface;
• dispensing at least one U.S. bill having at least one of a plurality of U.S. bill denominations to be dispensed to satisfy the withdrawal request from the dispensing receptacles, each dispensing receptacle adapted to hold a plurality of currency bills having the same denomination, and each dispensing receptacle being vertically arranged with respect to each of the other dispensing receptacles;
• transporting the at least one bill dispensed from the one or more dispensing receptacles along the transport path;
• determining the denomination of the at least one U.S. bill dispensed at a rate in excess of at least 400 bills per minute;
• and
• delivering to the single output receptacle the at least one U.S. bill dispensed,
• wherein the act of receiving a stack of documents includes receiving some documents bearing a barcode, and further comprising using the image data output signals for reading a bar code on the documents.