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Banknote escrow and stacker apparatus and method

  • US 4,050,562 A
  • Filed: 03/11/1976
  • Issued: 09/27/1977
  • Est. Priority Date: 04/22/1974
  • Status: Expired due to Term
First Claim
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1. A banknote handling apparatus having a first container which is movable within the apparatus between a first position and a second position, the container having at least one opening through which banknotes can be moved,a second container having an opening for receiving banknotes from the first container,means for transporting received banknotes to a predetermined position adjacent the first position of the first container,means for transporting banknotes from the predetermined position into the first container for stacking of the banknotes in facial contact therein,means for transporting a stack of banknotes from within the first container into the second container,means for moving the first container between its first position and its second position, andrefund means for removing a stack of banknotes from the first container in its second position and delivering the stack to the user of the apparatus.

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