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Dispensing unit for paper currency

  • US 5,234,209 A
  • Filed: 03/02/1988
  • Issued: 08/10/1993
  • Est. Priority Date: 03/03/1987
  • Status: Expired due to Fees
First Claim
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1. A dispensing unit for paper currency, comprising:

  • a receptacle module with a first contact, said first contact being connected to a polling circuit that stores a desired predetermined code;

    a box-shaped currency container that stores currency and which can be inserted into said receptacle module in an insertion direction from an insertion position on said receptacle module, said currency container having an orifice, a second contact, and a second circuit for storing a predetermined identification code, said second contact being connected to said second circuit;

    said receptacle module having means to remove currency from said currency container through said orifice;

    said first contact being mounted so that it can be moved between a starting position on the receptacle module near the insertion position where said currency container will be inserted and an end position that corresponds to complete insertion of said currency container; and

    an adjustable locking bar mounted on said receptacle module, said second contact being received by said first contact in order to communicate information between said polling circuit and said second circuit in order to determine whether said currency container is appropriate for insertion within said receptacle module and wherein blocking means are associated with said adjustable locking bar to block complete insertion of said currency container into said mounting receptacle, said blocking means deactivatable to a release position to allow complete insertion of said currency container if said identification code corresponds to said desired predetermined code for said module.

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