System and method of providing replenishment and pick-up services to one or more cash handling devices

US9697493B2 · kind B2 · utility

Assignee

• Bank of America Corporation · US

Inventors

• Amy Baker Folk · Charlotte, US
• Daniel Christopher Bohen · Charlotte, US
• Veralyn Dee Hensley · Folsom, US
• James Heddleson · Charlotte, US
• Michelle Nichols · Rock Hill, US
• Todd Atwood · Charlotte, US

Key dates

• Filing date: Feb 5, 2016
• Grant date: Jul 4, 2017
• Expiry date: Feb 5, 2036

Classification

• Technology area (CPC H): Electricity
• CPC primary: H04W4/024
• WIPO field: IT methods for management
• WIPO sector: Electrical engineering

Abstract

A transport carrier (i.e., an armored vehicle or any mode of transportation) may be equipped with cash storage and recycling capabilities. The transport carrier may be equipped to replenish funds as needed and/or pick up a surplus of funds. The transport carrier may be in communication with a financial institution and/or a central server. In some arrangements, the central server may dynamically route the transport carrier to cash handling devices as various locations in order to efficiently meet the needs of the devices and associated clients.