Cash folding apparatus and method

US8469262B2 · kind B2 · utility

Assignee

• Bank of America Corporation · US

Inventors

• Felix Mon · Jacksonville, US
• William F. Borowski · Millbury, US
• Susan Smith Thomas · Gastonia, US
• Carl Frederick, II · Newark, US
• Jason Michael Ackiss · Matthews, US
• Maile George · Concord, US
• Robert Fleetwood Armstrong · Charlotte, US

Key dates

• Filing date: Jan 28, 2010
• Grant date: Jun 25, 2013
• Expiry date: Nov 21, 2031

Classification

• Technology area (CPC G): Physics
• CPC primary: G09B21/003
• WIPO field: Control
• WIPO sector: Instruments

Abstract

Embodiments of the present invention provide currency solutions for the visually impaired by, for example, providing automated teller machines (ATMs) or other cash dispensers configured to dispense folded bills to the customer. The bills are folded based on denomination to allow the customer receiving the bills from the cash dispenser to be able to identify the denomination of each bill. In some embodiments, the cash dispenser is configured to automatically identify whether the customer prefers to receive folded bills and, in some embodiments, the cash dispenser is configured to fold and dispense bills according to customer preferences.