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AUTOMATIC BANKING SYSTEM

  • US 3,833,885 A
  • Filed: 05/24/1973
  • Issued: 09/03/1974
  • Est. Priority Date: 05/24/1973
  • Status: Expired due to Term
First Claim
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1. The method of authorizing financial transactions in response to coded data on a document in an automatic banking system including a central processing unit and a plurality of remote terminals, comprising the steps of:

  • polling each of the remote terminals in sequence to ascertain the condition thereof to transmit an authorization request for the use in response to document coded data, transmitting an authorization request for a polled remote terminal to the central processing unit, generating an authorization code to the remote terminal transmitting an authorization request, polling each terminal in sequence to ascertain the condition thereof to accept a specific generated authorization code, transmitting the authorization code to the remote terminal, and completing a financial transaction in the remote terminal in response to the authorization code.

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