Blind withdrawal for transportation

• US 9,064,366 B1
• Filed: 09/17/2008
• Issued: 06/23/2015
• Est. Priority Date: 09/17/2008
• Status: Active Grant

• Current Assignee: Bank of America Corp.
• Original Assignee: Bank of America Corp.
• Inventors: Folk, Amy Baker, Sanders, William Thomas, Bohen, Daniel Christopher, Johnson, Shane Anthony
• Primary Examiner(s): KELLY, RAFFERTY D
• Application Number:
  US12/212,453
• Time in Patent Office: 2,470 Days
• Field of Search: 235/379
• US Class Current: 1/1
• CPC Class Codes: G07F 19/20 Automatic teller machines [ATMs]
• CPC Class Codes: G07F 19/203 Dispensing operations within ATMs dispensing in general G07D11/00
• CPC Class Codes: G07F 19/205 Housing aspects of ATMs

Abstract

Methods and devices provide for blind withdrawal of currency for transportation. A cash handling device may allow a selection for transport withdrawal. The user need not know the amount to be requested for dispensation. At least a portion of the currency in the cashing handling device may be stored in the container. The container may have an identifier (e.g., a barcode, an RFID tag, and the like) on it. The identifier may be stored in a database along with the amount of currency in the container. The database may be stored locally in the cashing handling device or in remote location. At a location to which the container is being delivered, the identifier may be read and used to lookup in the database the amount of currency in the container. The currency in the container may be counted and compared to the amount stored in the database for the identifier.

Claims

1. A method of providing a blind withdrawal of currency for transportation, comprising:

receiving, by a cash recycler that comprises one or more stackers that store and organize currency based on denomination and that further comprises one or more cartridges that store overflow currency for transport, a request to withdraw currency for transport;

calculating, by the cash recycler, an amount of currency to dispense to bring one or more denominations of currency stored in the one or more stackers and the one or more cartridges of the cash recycler to one or more predefined levels;

dispensing, by the cash recycler, the amount of currency into a container having indicia that identifies the container;

storing, by the cash recycler, information associated with the indicia that identifies the container; and

after storing the information associated with the indicia that identifies the container, allowing, by the cash recycler, the container to be withdrawn from the cash recycler.

2. The method of claim 1, further comprising:

prior to dispensing the amount of currency into the container, adding, by the cash recycler, and to the container, the indicia that identifies the container.

3. The method of claim 1, wherein the indicia comprises a barcode.

4. The method of claim 1, wherein the indicia comprises a radio frequency identification (RFID) tag.

5. The method of claim 1, wherein the indicia comprises a radio frequency identification (RFID) label.

6. The method of claim 1,

wherein the cash recycler is located at a first location, and

wherein the container is delivered to a second cash recycler located at a second location different from the first location.

7. The method of claim 6, further comprising:

electronically reading, by the second cash recycler, the indicia that identifies the container;

based on electronically reading the indicia, using, by the second cash recycler, the indicia to look up an expected amount of currency in the container;

counting, by the second cash recycler, the currency in the container to determine a counted amount of currency in the container;

if the counted amount of currency in the container matches the expected amount of currency in the container, printing, by the second cash recycler, a receipt; and

if the counted amount of currency in the container does not match the expected amount of currency in the container, providing, by the second cash recycler, a notification.

8. The method of claim 1, wherein the cash recycler is configured to facilitate real-time recognition of funds at a client site where the cash recycler is located.

9. A system, comprising:

a cash recycler, comprising;

a processor;

one or more stackers that store and organize currency based on denomination;

one or more cartridges that store overflow currency for transport; and

memory storing instructions that, when executed by the processor, cause the cash recycler to;

receive a request to withdraw currency for transport;

calculate an amount of currency to dispense to bring one or more denominations of currency stored in the one or more stackers and the one or more cartridges of the cash recycler to one or more predefined levels;

dispense the amount of currency into a container having indicia that identifies the container;

store information associated with the indicia that identifies the container; and

after storing the information associated with the indicia that identifies the container, allow the container to be withdrawn from the cash recycler.

10. The system of claim 9, wherein the memory stores additional instructions that, when executed by the processor, further cause the cash recycler to:

prior to dispensing the amount of currency into the container, add, to the container, the indicia that identifies the container.

11. The system of claim 9, wherein the indicia comprises a barcode.

12. The system of claim 9, wherein the indicia comprises a radio frequency identification (RFID) tag.

13. The system of claim 9, wherein the indicia comprises a radio frequency identification (RFID) label.

14. The system of claim 9,

wherein the cash recycler is located at a first location,

wherein the system further comprises a second cash recycler located at a second location different from the first location, and

wherein the container is delivered to the second cash recycler.

15. The system of claim 14, wherein the second cash recycler comprises a second processor and second memory storing instructions that, when executed by the second processor, cause the second cash recycler to:

electronically read the indicia that identifies the container;

based on electronically reading the indicia, use the indicia to look up an expected amount of currency in the container;

count the currency in the container to determine a counted amount of currency in the container;

if the counted amount of currency in the container matches the expected amount of currency in the container, print a receipt; and

if the counted amount of currency in the container does not match the expected amount of currency in the container, provide a notification.

16. The system of claim 9, wherein the cash recycler is configured to facilitate real-time recognition of funds at a client site where the cash recycler is located.