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Currency dispenser

  • US 7,635,082 B2
  • Filed: 02/06/2004
  • Issued: 12/22/2009
  • Est. Priority Date: 02/07/2003
  • Status: Active Grant
First Claim
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1. A method of depositing and dispensing currency using a desktop document denominating and currency dispensing device comprising an input receptacle, a transport path, a single output receptacle, an image scanner, a processor, a controller, an interface, and one or more dispensing receptacles comprising the acts of:

  • receiving a stack of documents including U.S. bills having at least one of a plurality of U.S. bill denominations to be deposited in the input receptacle of the device;

    transporting the documents received, one at a time, from the input receptacle along the transport path at a rate of at least 400 documents per minute;

    scanning the documents with the image scanner;

    generating image data output signals in response to information scanned on the documents;

    receiving image data output signals with the processor;

    determining the document type and value with the controller based on the image data output signals;

    delivering the documents received to a single output receptacle;

    removing the documents from the single output receptacle;

    inputting a withdrawal request into the processor via the interface;

    dispensing at least one U.S. bill having at least one of a plurality of U.S. bill denominations to be dispensed to satisfy the withdrawal request from the one or more dispensing receptacles, each receptacle adapted to hold a plurality of currency bills having the same denomination;

    transporting the at least one bill dispensed from the one or more dispensing receptacles along the transport path;

    determining the denomination of the at least one U.S. bill dispensed at a rate in excess of at least 400 bills per minute;

    delivering to the single output receptacle the at least one U.S. bill dispensed; and

    using the image data output signals for OCR.

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