Cash handling facility management

US8164451B2 · kind B2 · utility

Assignee

• Bank of America Corporation · US

Inventors

• Michelle Nichols · Rock Hill, US
• Todd Atwood · Charlotte, US
• James Heddleson · Charlotte, US
• Felix Mon · Jacksonville, US
• Mark Waggoner · Keller, US
• Wallace Webster · Lynnwood, US

Key dates

• Filing date: May 12, 2011
• Grant date: Apr 24, 2012
• Expiry date: May 12, 2031

Classification

• Technology area (CPC G): Physics
• CPC primary: G08B13/2402
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

Cash handling facilities, such as cash vaults, receive and process large quantities of cash. The cash handling facility may have a plurality of custody points at which the amount of cash being processed is verified, counted, stored, or otherwise processed. Cash handling personnel that are handling the cash may be verified, detected, or otherwise documented as handling the cash. Automatic identification techniques may be implemented to track the cash and cash handling personnel at various custody points within the cash handling facility. A centralized tracking system may use the information obtained at each of the custody points to track, count, and verify the cash while it is located within the cash handling facility.