Check accepting and cash dispensing automated banking machine system and method

US7207478B1 · kind B1 · utility

Assignee

• DIEBOLD, INC. · US

Inventors

• Dale H. Blackson · Highland Heights, US
• Edward L. Laskowski · Seven Hills, US
• Tim Crews · Alliance, US
• Wayne Warren · Akron, US
• Victor Bell · Alliance, US
• William McCarthy · Uniontown, US
• Matthew Pahl · Akron, US
• Martin J. Brown · Victoria, CA
• Todd Galloway · North Canton, US
• Robert W. Barnett · Louisville, US
• Mike Ryan · Canton, US
• James R. Kay · Uniontown, US
• Mark A. Ward · Canton, US
• David A. Peters · Tallmadge, US

Key dates

• Filing date: Sep 16, 2004
• Grant date: Apr 24, 2007
• Expiry date: Oct 29, 2025

Classification

• Technology area (CPC G): Physics
• CPC primary: G07F19/20
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

An automated banking machine system and method includes ATMs which accept checks and dispense cash to users. The ATMs are operated to acquire image and magnetic data from deposited checks to determine the genuineness of checks and the authority of a user to receive cash for such checks. Cash is dispensed to the user from the ATM in exchange for the deposited check.