ATM SYSTEMS AND METHODS FOR CASHING CHECKS
First Claim
1. A method for cashing a negotiable instrument at an automated teller.machine (ATM) comprising a display screen, a data entry device, a receipt printer, a bill dispenser and a reader, the method comprising:
- reading information from a negotiable instrument using the reader;
receiving a face amount of the negotiable instrument at the ATM from the data entry device;
displaying on the display screen a dispense amount in bills that the ATM is capable of dispensing along with a deposit account where the remaining funds may be deposited;
receiving a confirmation from the data entry device to dispense the bills and to deposit the remaining funds in the deposit account;
dispensing the bills from the ATM using the bill dispenser; and
transmitting an approval from the ATM to a host computer system to deposit the funds into the deposit account.
9 Assignments
0 Petitions
Accused Products
Abstract
Various techniques are provided for dispensing cash from automated teller or similar cash dispensing machines where such machines do not contain or are otherwise unable to dispense coins or certain bill denominations. Such features may be offered in combination with a request to cash a negotiable instrument, such as a check, where some or all of the amount is to be received in cash or deposited into an account. In one particular method, an automated teller machine (ATM) includes a display screen, a data entry device, a receipt printer, a bill dispenser and a reader. According to the method, information is read from a negotiable instrument using the reader. A face amount of the negotiable instrument is received at the ATM from the data entry device. The display screen is employed to display a dispense amount in bills that the ATM is capable of dispensing along with a deposit account where the remaining funds may be deposited. The user may then enter a confirmation using the data entry device to dispense the bills and to deposit the remaining funds in the deposit account. The bill dispenser may dispense the bills, and an approval may be sent to deposit the funds into the deposit account.
125 Citations
33 Claims
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1. A method for cashing a negotiable instrument at an automated teller.
machine (ATM) comprising a display screen, a data entry device, a receipt printer, a bill dispenser and a reader, the method comprising: -
reading information from a negotiable instrument using the reader; receiving a face amount of the negotiable instrument at the ATM from the data entry device; displaying on the display screen a dispense amount in bills that the ATM is capable of dispensing along with a deposit account where the remaining funds may be deposited; receiving a confirmation from the data entry device to dispense the bills and to deposit the remaining funds in the deposit account; dispensing the bills from the ATM using the bill dispenser; and transmitting an approval from the ATM to a host computer system to deposit the funds into the deposit account. - View Dependent Claims (2, 3, 4, 5, 6)
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7. A method for cashing a negotiable instrument at an automated teller machine (ATM) comprising a display screen, a data entry device, a receipt printer, a bill dispenser and a reader, the method comprising:
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reading information from a negotiable instrument using the reader; receiving a requested cash back amount from the negotiable instrument at the ATM from the data entry device; transmitting the requested cash back amount and the information read from the negotiable instrument to a host computer system; determining at the host computer system whether the ATM is able to dispense the requested cash back amount; if the ATM is unable to dispense the requested cash back amount in cash, determining with the host computer system which bill denominations that the ATM is able to dispense; transmitting to the ATM a dispense amount that the ATM is able to dispense in bills and a deposit amount for the remainder of the requested cash back amount; displaying on the display screen the dispense amount along with a deposit account where the deposit amount may be deposited; receiving a confirmation from the data entry device to dispense the bills and to deposit the deposit amount in the deposit account; dispensing the bills from the ATM using the bill dispenser; and transmitting an approval from the ATM to the host computer system to deposit the funds into the deposit account. - View Dependent Claims (8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18)
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19. An automated teller machine (ATM) that is configured to provide a cash payment based on a negotiable instrument, comprising:
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a housing; a processor enclosed within the housing; a reader electrically coupled to the processor that is configured to read information from a negotiable instrument; a data entry device electrically coupled to the processor, wherein the data entry device is configured to receive a face amount of the negotiable instrument; a display screen coupled to the housing, wherein the display screen is configured to display a dispense amount in bills that the ATM is capable of dispensing along with a deposit account where the remaining funds may be deposited; wherein the data entry device is further configured to receive a confirmation to dispense the bills and to deposit the remaining funds in the deposit account; a bill dispenser configured to dispense the bills from the ATM; a receipt printer; and a communications device that is configured to transmit an approval from the ATM to a host computer system to deposit the funds into the deposit account. - View Dependent Claims (20, 21, 22, 23)
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24. A system for cashing a negotiable instrument, the system comprising:
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an automated teller machine (ATM) comprising a display screen, a data entry device, a receipt printer, a bill dispenser and a reader; and a host computer system capable of communicating with the ATM; wherein the ATM is configured to read information from a negotiable instrument using the reader, to receive a requested cash back amount from the data entry device, and to transmit the requested cash back amount and the information read from the negotiable instrument to the host computer system; wherein the host computer system is configured to determine whether the ATM is able to dispense the requested cash back amount, and, if the ATM is unable to dispense the requested cash back amount in cash, to determine which bill denominations that the ATM is able to dispense, and to transmit to the ATM a dispense amount that the ATM is able to dispense in bills and a deposit amount for the remainder of the requested cash back amount; and wherein the ATM is configured to display on the display screen the dispense amount along with a deposit account where the deposit amount may be deposited, to receive a confirmation from the data entry device to dispense the bills and to deposit the deposit amount in the deposit account, to dispense the bills from the ATM using the bill dispenser, and to transmit an approval from the ATM to the host computer system to deposit the funds into the deposit account. - View Dependent Claims (25, 26, 27, 28, 29, 30, 31, 32, 33)
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Specification