Patent · US Expired

Bill handling machine

US7520375B2 · kind B2 · utility

8Cited by
14References
7Claims
0Family size

Assignee

Inventors

Key dates

Filing dateDec 23, 2003
Grant dateApr 21, 2009
Priority date
Expiry dateDec 23, 2023

Classification

  • Technology area (CPC G)Physics
  • CPC primaryG07D11/36
  • WIPO fieldControl
  • WIPO sectorInstruments

Abstract

The banknote handling device of the invention notifies both a customer and a clerk at a financial institution of the occurrence of a counterfeit problem in the course of a transaction. When banknotes received from a customer include any counterfeit banknote, the banknote handling device collects the counterfeit banknotes to be not returnable to the customer. This desirably forbids circulation of the counterfeit banknotes. The occurrence of the counterfeit problem is described in a transaction statement on conclusion of the transaction. The transaction statement includes a transaction date/time, customer information, transaction details, a message, and financial institution information. The transaction details show the total amount of money received from the customer, the amount of money accepted for the transaction, that is, the amount of banknotes excluding the counterfeits, and the breakdown of the banknotes accepted for the transaction. The message suggests the customer a step to be taken. This arrangement conveniently and efficiently helps the customer and the clerk take prompt action on the counterfeit problem.

Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.