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Cash dispensing system

  • US 4,075,460 A
  • Filed: 11/28/1975
  • Issued: 02/21/1978
  • Est. Priority Date: 11/28/1975
  • Status: Expired due to Term
First Claim
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1. A cash dispensing system havinga central computer and associated memory and computer signal transfer means, for maintaining customer account records,at least one remote transaction terminal, and a communication path interconnecting said remote terminal with said computer,wherein each of said remote terminals includes means for generating a transaction data signal representative of a desired transaction in response to a customer initiated operation, and for transferring said transaction data signal to said computer, and wherein said computer signal transfer means includes means responsive to said transaction data signal from a remote terminal to generate a multiple bit customer information file (CIF) signal and to transfer said CIF signal to said remote terminal via said path, said CIF signal being representative of a predetermined multiple bit CIF data word associated with said customer, and said remote terminals include a cash dispensing apparatus comprising:

  • A. input means comprising a personal identification number (PIN) signal generator for generating a multiple bit PIN signal in response to a manual operation performed by said customer, said PIN signal being representative of a predetermined multiple bit PIN data word associated with said customer and bearing a predetermined relationship to said CIF signal,B. a security device including a comparator means, said comparator means being responsive to said PIN and CIF signals to generate a DISPENSE signal only when said PIN and CIF signals bear said predetermined relationship,C. transfer means comprising a PIN signal transfer means for transferring said PIN signal directly to said security device,D. receiving means comprising a CIF signal receiving means for receiving said CIF signal as transferred from said computer and for transferring said received CIF signal to said security device, andE. a cash dispenser for storing cash units and dispensing one or more of said cash units in response to said DISPENSE signal.

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