Banking machine

• US 4,314,352 A
• Filed: 04/12/1972
• Issued: 02/02/1982
• Est. Priority Date: 04/12/1972
• Status: Expired due to Term

• Current Assignee: Diebold Incorporated (Diebold Nixdorf, Incorporated)
• Original Assignee: Docutel Corporation
• Inventors: Fought, Harold D.
• Primary Examiner(s): Zache, Raulfe B.
• Application Number:
  US05/243,339
• Time in Patent Office: 3,583 Days
• Field of Search: 444/1, 340/172.5, 340/149 A, 235/61.6, 235/61.78
• US Class Current: 235/379
• CPC Class Codes: G07F 19/20 Automatic teller machines [ATMs]
• CPC Class Codes: G07F 19/207 Surveillance aspects at ATMs
• CPC Class Codes: G07F 19/211 Software architecture within ATMs or in relation to the ATM network

Abstract

A high speed, computer controlled banking machine provides fully automatic teller stations for completing banking functions in response to a coded credit card presented thereto. After the credit card presented to the machine has been initially checked to determine if the card has the proper format, coded information thereon is evaluated to check the user'"'"'s identity prior to authorizing him to complete a selected banking function. When each of several standard checks of the credit card code have been completed, a check is made of a bank interchange file to determine if the presented card will be honored at a particular station. Upon a satisfactory response at the interchange check, a bad account verification is made to determine if the accounts encoded on the card are delinquent in any respect. For cards showing a good account, the computer advances the system operation to a transaction selection procedure wherein one of four separate banking function selections are made by a push button interface between a user and the system. Following the selection of a correct banking function for the presented card, operation of the system continues to a transaction processing procedure wherein the selected transaction is completed. In the transaction processing procedure, either currency is dispensed, funds deposited to one of several accounts or funds transferred between accounts of the user. Upon completion of any one of these three functions, the system advances to a receipt printing procedure wherein a record of the completed banking function is made. This receipt and the currency, where applicable, are delivered to the user along with his credit card for future use.

Claims

1. A method of machine banking an operator selected banking transaction from a group consisting of:

a withdrawal transaction, a deposit transaction, a transfer transaction and a payment transaction by banking apparatus responsive to coded data on a document, the apparatus including means for reading the coded data, means for entering a selected banking transaction and means for entering a transaction amount, comprising the steps of;

generating a document verification signal from coded data read by means for reading,

in response to a generated document verification signal and in accordance with the operator selected banking transaction generating one of the following transaction signals;

a withdrawal transaction signal, a deposit transaction signal, a transfer transaction signal or a payment transaction signal,

in response to a withdrawal transaction signal and a transaction amount from the means for entering, delivering currency in value equal to the transaction amount to the operator at the banking apparatus,

in response to a deposit transaction signal and a transaction amount from the means for entering, activating a depository to receive an envelope containing a tendered deposit,

in response to a transfer transaction signal and a transaction amount from the means for entering, activating means for recording the transaction amount transferred from one account to a second account, and

in response to a payment transaction signal and a transaction amount from the means for entering, activating the depository to receive an envelope containing a tendered payment or activate means for recording a payment from an account.

2. A method of machine banking in response to coded data on a document as set forth in claim 1 wherein the withdrawal transaction signal comprises a signal from the group consisting of:

a withdrawal signal from a checking account, a withdrawal signal from a credit account, and a withdrawal signal from a savings account.

3. A method of machine banking in response to coded data on a document as set forth in claim 1 wherein the deposit transaction signal comprises a signal from the group consisting of:

a deposit signal to a checking account and a deposit signal to a savings account.

4. A method of machine banking in response to coded data on a document as set forth in claim 1 wherein the transfer transaction signal comprises a signal from the group consisting of:

a transfer signal from a checking account to a savings account, a transfer signal from a credit account to a checking account, and a transfer signal from a savings account to a checking account.

5. A method of machine banking in response to coded data on a document as set forth in claim 1 wherein the payment transaction signal comprises a signal from the group consisting of:

a payment signal from a checking account, a payment signal from a deposited amount, and a payment signal from a savings account.

6. A method of machine banking in response to coded data on a document as set forth in claim 1 including the step of transporting a deposit envelope into the banking apparatus in response to a deposit transaction signal or a payment transaction signal.

7. A method of machine banking in response to coded data on a document as set forth in claim 1 including the step of printing a transaction receipt displaying the selected transaction and the completion thereof.

8. A method of machine banking an operator selected banking transaction from a group consisting of:

a withdrawal transaction, a deposit transaction, a transfer transaction and a payment transaction by banking apparatus responsive to coded data on a document, the apparatus including means for reading the coded data, means for entering a selected banking transaction and means for entering a transaction amount, comprising the steps of;

generating a document verification signal from coded data read by the means for reading,

in response to a generated document verification signal and in accordance with the operator selected banking transaction, generating one of the following transaction signals;

a withdrawal transaction signal, a deposit transaction signal, a transfer transaction signal or a payment transaction signal,

generating an amount signal by the means for entering a transaction amount representing the value of the selected transaction,

in response to a withdrawal transaction signal and an amount signal, delivering currency in value equal to the amount signal to the operator at the banking apparatus,

in response to a deposit transaction signal and an amount signal, activating a depository to receive an envelope containing a tendered deposit,

in response to a transfer transaction signal and an amount signal, activating means for recording the amount signal transferred from one account to a second account, and

in response to a payment transaction signal and an amount signal, activating the depository to receive an envelope containing a tendered payment or activate means for recording a payment from an account.

9. A method of machine banking in response to coded data on a document as set forth in claim 8 including the step of transporting a deposit envelope into the banking apparatus in response to a deposit transaction signal or a payment transaction signal.

10. A method of machine banking in response to coded data on a document as set forth in claim 8 including the step of printing a transaction receipt displaying the banking transaction and the completion thereof.

11. A method of machine banking an operator selected banking transaction from a group consisting of:

a withdrawal transaction, a deposit transaction, a transfer transaction and a payment transaction by banking apparatus responsive to coded data on a document, the apparatus including means for reading the coded data, means for entering a selected banking transaction and means for entering a transaction amount, comprising the steps of;

in response to coded data read from a document by the means for reading, generating one of the following transaction signals;

a withdrawal signal from a checking account, a withdrawal signal from a credit account, a withdrawal signal from a savings account, a deposit signal to a checking account, a deposit signal to a savings account, a transfer signal from a checking account to a savings account, a transfer signal from a savings account to a checking account, a payment signal from a checking account, a payment signal from a deposited amount, or a payment signal from a savings account,

in response to any one of the withdrawal transaction signals and a transaction amount from the means for entering, delivering currency in value equal to the transaction amount to the operator at the banking apparatus,

in response to any one of the deposit transaction signals and a transaction amount from the means for entering, activating a depository to receive an envelope containing a tendered deposit,

in response to any one of the transfer transaction signals and a transaction amount from the means for entering, activating means for recording the transaction amount transferred from one account to a second account, and

in response to any one of the payment transaction signals and a transaction amount from the means for entering, activating the depository to receive an envelope containing a tendered payment or activate means for recording a payment from an account, and

recording the particular generated transaction signal and the transaction amount.

12. A method of machine banking in response to coded data on a document as set forth in claim 11 including the step of generating an amount signal representing the value of the banking transaction subsequent to generating one of the banking transaction signals.

13. A method of machine banking in response to coded data on a document as set forth in claim 11 including the step of printing a transaction receipt displaying the banking transaction and the completion thereof.

14. A method of machine banking in response to coded data on a document as set forth in claim 11 including the step of transporting a deposit envelope into the banking apparatus in response to one of the deposit transaction signals or the payment transaction signals.

15. A method of machine banking an operator selected banking transaction from a group consisting of:

a withdrawal transaction, a deposit transaction, a transfer transaction and a payment transaction by banking apparatus responsive to coded data including bank identification data on a document in banking apparatus including means for reading the coded data, means for entering a selected banking transaction and means for entering a transaction amount, comprising the steps of;

generating a bank identification signal from the bank identification code,

comparing the bank identification signal with a file interchange bank identification signal,

generating a document verification signal when the generated bank identification signal compares with one of the file identification signals,

in response to the generated document verification signal and in accordance with the operator selected banking transaction, generating one of the following transaction signals;

a withdrawal transaction signal, a deposit transaction signal, a transfer transaction signal or a payment transaction signal,

in response to a withdrawal transaction signal and a transaction amount from the means for entering, delivering currency in value equal to the transaction amount to the operator at the banking apparatus,

in response to a deposit transaction signal and a transaction amount from the means for entering, activating a depository to receive an envelope containing a tendered deposit,

in response to a transfer transaction signal and a transaction amount from the means for entering, activating means for recording the transaction amount transferred from one account to a second account, and

in response to a payment transaction signal and a transaction amount from the means for entering, activating the depository to receive an envelope containing a tendered payment or activate means for recording a payment from an account.

16. A method of machine banking in response to coded data on a document as set forth in claim 15 wherein the withdrawal transaction signal comprises a signal from the group consisting of:

a withdrawal signal from a checking account, a withdrawal signal from a credit account, and a withdrawal signal from a savings account.

17. A method of machine banking in response to coded data on a document as set forth in claim 15 wherein the deposit transaction signal comprises a signal from the group consisting of:

a deposit signal to a checking account and a deposit signal to a savings account.

18. A method of machine banking in response to coded data on a document as set forth in claim 15 wherein the transfer transaction signal comprises a signal from the group consisting of:

a transfer signal from a checking account to a savings account, a transfer signal from a credit account to a checking account, and a transfer signal from a savings account to a checking account.

19. A method of machine banking in response to coded data on a document as set forth in claim 15 wherein the payment transaction signal comprises a signal from the group consisting of:

a payment signal from a checking account, a payment signal from a deposit amount, and a payment signal from a savings account.

20. A method of machine banking in response to coded data on a document as set forth in claim 15 including the step of generating an amount signal representing the value of the banking transaction subsequent to generating one of the transaction signals.

21. A method of machine banking in response to coded data on a document as set forth in claim 15 including the step of printing a transaction receipt displaying the banking transaction and the completion thereof.

22. A method of machine banking in response to coded data on a document as set forth in claim 15 including the step of transporting a deposit envelope into the banking apparatus in response to a deposit transaction signal or a payment transaction signal.

23. A method of machine banking an operator selected banking transaction from a group consisting of:

a withdrawal transaction, a deposit transaction, a transfer transaction and a payment transaction by banking apparatus responsive to coded data including account data and bank identification data on a document in banking apparatus including means for reading the coded data, means for entering a selected banking transaction and means for entering a transaction amount, comprising the steps of;

generating an account check signal from coded data from the document read by the means for reading,

comparing the account check signal with a file account of data signals,

generating an account verification signal when the account check signal does not compare with one of the account data signals,

in response to a generated account verification signal and in accordance with the operator selected banking transaction, generating one of the following transaction signals;

a withdrawal transaction signal, a deposit transaction signal, a transfer transaction signal or a payment transaction signal,

in response to a withdrawal transaction signal and a transaction amount from the means for entering, delivering currency in value equal to the transaction amount to the operator at the banking apparatus,

in response to a deposit transaction signal and a transaction amount from the means for entering, activating a depository to receive an envelope containing a tendered deposit,

in response to a transfer transaction signal and a transaction amount from the means for entering, activating means for recording the transaction amount transferred from one account to a second account, and

in response to a payment transaction signal and a transaction amount from the means for entering, activating the depository to receive an envelope containing a tendered payment or activate means for recording a payment from an account.

24. A method of machine banking in response to coded data on a document as set forth in claim 23 including the step of generating a bank identification signal from a bank identification code,

comparing the bank identification signal with a file of interchange bank identification signals, and

generating a document verification signal when the generated bank identification signal compares with one of the file identification signals.

25. A method of machine banking in response to coded data on a document as set forth in claim 23 including the step of comparing the generated banking transaction signal with the account check signal to verify the banking transaction.

26. A method of machine banking in response to coded data on a document as set forth in claim 23 including the step of printing a transaction receipt displaying the banking transaction and the completion thereof.

27. A method of machine banking in response to coded data on a document as set forth in claim 23 including the step of generating an amount signal representing the value of the banking transaction subsequent to generating one of the transaction signals.

28. A method of machine banking in response to coded data on a document as set forth in claim 23 including the step of transporting a deposit envelope into the banking apparatus in response to a deposit transaction signal or a payment transaction signal.

29. Banking apparatus for machine banking an operator selected banking transaction from a group consisting of:

a withdrawal transaction, a deposit transaction, a transfer transaction and a payment transaction in response to coded data on a document, comprising in combination;

means for reading the coded data on an operator presented document,

means for verifying the validity of the coded document and generating a document verification signal,

means responsive to a generated document verification signal and in accordance with the operator selected banking transaction to generate one of the following transaction signals;

a withdrawal transaction signal, a deposit transaction signal, a transfer transaction signal or a payment transaction signal,

means for entering the transaction amount representing the value of the selected transaction and generating an amount signal,

means responsive to a withdrawal transaction signal and an amount signal to deliver currency in value equal to the amount signal to the operator at a banking apparatus,

means responsive to a deposit transaction signal and an amount signal to activate a depository to receive an envelope containing a tendered deposit,

means responsive to a transfer transaction signal and an amount signal to activate means for recording the amount signal transferred from one account to a second account, and

means responsive to a payment transaction signal and an amount signal to activate the depository to receive an envelope containing a tendered payment or activate means for recording a payment from an account.

30. Banking apparatus responsive to coded data on a document as set forth in claim 29 wherein the means for verifying the validity of the coded document includes:

means for generating account signals from account data on the presented document,

means for comparing the account signal with a file of account data signals, and

means for generating an account verification signal when the generated account signal does not compare with one of the signals of the file of account data.

31. Banking apparatus responsive to coded data on a document as set forth in claim 30 including means for comparing the generated banking transaction signal with the account signal to verify the banking transaction.

32. Banking apparatus responsive to coded data on a document as set forth in claim 29 wherein said means for verifying the validity of a document includes:

means for generating a bank identification signal from bank identification data on the presented document,

means for comparing the bank identification signal with a file of interchange bank identification signals, and

means for generating a document verification signal when the generated bank identification signal compares with one of the file identification signals.

33. Banking apparatus responsive to coded data on a document as set forth in claim 29 including transport means for moving a deposit envelope into the banking apparatus in response to a deposit transaction signal or a payment transaction signal.

34. Banking apparatus responsive to coded data on a document as set forth in claim 29 including means for printing a transaction receipt displaying the banking transaction and the completion thereof.

35. Banking apparatus responsive to coded data on a document as set forth in claim 29 including means for generating an amount signal representing the value of the banking transaction.

36. A method of machine banking in accordance with a banking transaction selected by an operator from a group consisting of withdrawal and a deposit, by banking apparatus responsive to coded data on an operator controlled document, which apparatus includes a reader for reading said coded data, first input means for entering a selected one of said transactions and a second input means for entering a transaction amount signal, comprising the steps of:

generating a document verification signal from coded data read by said reader from said document,

in response to said document verification signal and in accordance with the operator selected transaction, generating either a withdrawal signal or a deposit signal, and

in response to;

i. a withdrawal signal and said amount signal, delivering currency in value equal to said amount to said operator, and

ii. a deposit signal and said amount signal, activating a depository to receive an envelope containing a tendered deposit.

37. A method of machine banking in accordance with a banking transaction selected by an operator from a group consisting of withdrawal, deposit or a transfer, by banking apparatus responsive to coded data on an operator controlled document, which apparatus includes a reader for reading said coded data, first input means for entering a selected one of said transactions and second input means for entering a transaction amount signal, comprising the steps of:

generating a document verification signal from coded data read by said reader from said document,

in response to said document verification signal and in accordance with the operator selected transaction, generating either a withdrawal signal, a deposit signal, or a transfer signal,

in response to;

i. a withdrawal signal and said amount signal, delivering currency in value equal to said amount to said operator,

ii. a deposit signal and said amount signal, activating a depository to receive an envelope containing a tendered deposit, and

iii. a transfer signal and said amount signal, activating means for recording the amount transferred from one account to a second account.

38. A method of machine banking in accordance with a banking transaction selected by an operator from a group consisting of withdrawal, deposit, transfer and payment transactions by banking apparatus responsive to coded data on an operator controlled document which apparatus includes a reader for reading said coded data, first input means for entering a selected one of said transactions and second input means for entering a transaction amount signal, comprising the steps of:

generating a document verification signal from coded data read by said reader from said document,

in response to said document verification signal and in accordance with the operator selected transaction, generating either a withdrawal signal, a deposit signal, a transfer signal or a payment signals, and

in response to;

i. a withdrawal signal and said amount signal, delivering currency in value equal to said amount to said operator,

ii. a deposit signal and said amount signal, activating a depository to receive an envelope containing a tendered deposit,

iii. a transfer signal and said amount signal, activating means for recording the amount transferred from one account to a second account, and

iv. a payment signal and said amount signal, activating the depository to receive an envelope containing a tendered payment or activate means for recording a payment from an account.