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Drop safe

  • US 5,975,275 A
  • Filed: 03/20/1997
  • Issued: 11/02/1999
  • Est. Priority Date: 07/24/1995
  • Status: Expired due to Term
First Claim
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1. A method of depositing funds into a drop safe at various times throughout at least one predefined business day and then collecting those funds from the safe at the ends of collection periods that include deposits made during parts of at least one such business day not coincident with the collection period, comprising the steps of:

  • depositing funds into the safe at various times throughout at least one business day that does not coincide with a collection period;

    for each deposit into the safe, storing data in a computer memory associated with the safe to identify the amount of that deposit and the business day of the deposit;

    removing from the safe the funds deposited into the safe in a collection period since the safe was last empty; and

    at the end of said collection period, identifying from the stored data the total amounts deposited into the safe for each complete business day, if any, during said collection period and the total amounts deposited into the safe during each partial business day during said collection period to produce a closing content report for said totals, so that the aggregate of the partial and complete business day totals equals the total amount deposited into the drop safe during said collection period.

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