Currency recycler reconcilement activity
US8047427B2 · kind B2 · utility
Assignee
Inventors
Key dates
| Filing date | Nov 25, 2008 |
| Grant date | Nov 1, 2011 |
| Priority date | — |
| Expiry date | Oct 24, 2029 |
Classification
- Technology area (CPC G)Physics
- CPC primaryG07F19/20
- WIPO fieldControl
- WIPO sectorInstruments
Abstract
A currency handling system, for example, a currency recycler or depository machine, may be configured to process currency transactions, including receiving one or more currency deposits. The currency recycler may attempt to accept and validate the currency received in the deposits, organizing and storing some validated currency while designating one or more other units of currency as temporarily unreconcilable. The currency recycler may also generate and transmit reconcilement reports summarizing a set of currency transactions, including data corresponding to the validated currency and temporarily unreconcilable currency. Reconcilement reports may be output to users or transmitted to corporate offices for business purposes, or may be transmitted to financial institutions for crediting bank accounts, and currency that could not be validated may be stored securely to allow a business to receive provisional credit.
Source: USPTO / EPO open patent data. Objective bibliographic and citation counts.