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Transponder system for monitoring and logging depository transactions

  • US 5,814,797 A
  • Filed: 11/04/1996
  • Issued: 09/29/1998
  • Est. Priority Date: 11/04/1996
  • Status: Expired due to Fees
First Claim
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1. A transponder system to monitor and log depository transactions in which a plurality of bags loaded with funds to be deposited in a bank are put one at a time, into an inlet hopper on the outside of the bank, from which they pass through a chute to fall into a vault inside the bank, each bag in the plurality thereof being identified by a number that is different from the numbers identifying the other bags in the plurality, said system comprising:

  • A. a passive transponder tag incorporated in each of said bags adapted to receive a radio-frequency interrogation signal and to retransmit the signal as a digitally-coded signal defining the number identifying the bag;

    B. a powered transceiver installed in the vault adapted to transmit said interrogation signal in a confined field within the vault whereby as each of said bags falls through the chute into the vault in the course of which it passes through said field, the transponder in the bag then picks up the interrogation signal and transmits the digitally-coded signal to said transceiver; and

    C. computer means coupled to said transceiver and responsive to the coded signals received thereby to register the number of each bag falling into the vault and to clock the time and date at which this action occurs to provide a log of depository transactions.

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