Check dispensing terminal
US4385285A · kind A · utility
Assignee
Inventors
Key dates
| Filing date | Apr 2, 1981 |
| Grant date | May 24, 1983 |
| Priority date | — |
| Expiry date | Apr 2, 2001 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG07C9/24
- WIPO fieldIT methods for management
- WIPO sectorElectrical engineering
Abstract
A method and apparatus for issuing negotiable instruments such as checks from a terminal comprising: first means (identification card reader) for identifying an account number against which a monetary amount of a check to be issued by the terminal is to be charged; second means (handwriting transducer) for inputting into the terminal identification data which will be used in determining whether to accept or reject a user of the terminal as authorized to issue a check against the account number; third means (bank data system) for supplying authorized identification data to the terminal and also for supplying evaluation criteria, such as a current monetary balance, for the account number; entry means (keyboard) for entering check data including the monetary amount; means for comparing (processor) the identification data with the authorized identification data and for generating an accept signal or a reject signal as a result of the comparing; the comparing means also comparing the monetary amount with the evaluation criteria and for generating an issue signal when the associated comparison is favorable; means for transporting (paper strip drive) a record medium to a print station in …
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.