Banknote dispensing machine
US4020972A · kind A · utility
Assignee
Inventor
Key dates
| Filing date | Aug 21, 1975 |
| Grant date | May 3, 1977 |
| Priority date | — |
| Expiry date | Aug 21, 1995 |
Classification
- Technology area (CPC B)Performing Operations; Transporting
- CPC primaryB65H2701/1912
- WIPO fieldControl
- WIPO sectorInstruments
Abstract
This disclosure relates to a machine for dispensing a predetermined number of banknotes in bundle form with the banknotes being removed from a stack in sequence and there being counting apparatus for counting banknotes passing along a flow-path and a double note detector for detecting the simultaneous passage of plural banknotes along the same flow-path. The banknotes, as they are dispensed, are collected in a collecting compartment and if the proper number is dispensed without double notes being detected, the collected banknotes are delivered to a customer. However, if double banknotes are detected or there is an error in counting, the dispensing of notes from the stack ceases and all notes in the collecting department are diverted into a storage compartment and the machine is recycled.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.