Importance

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Abstract

Apparatus for processing checks comprises an internal path defined by a toothed belt (10) passing round a enclosed loop from inlet wheels (111, 112) to outlet wheels (115) followed by a disengagement curve (125, 126). Along this path there are provided: a station (50) for magnetizing and reading CMC7 or E13B characters, a station (60) for printing on the check by means of a dot matrix print head subjected to displacement along a circular arc and enabling printing to make place on the front or reverse face of the check as selected by the user, a station (70) for post printing the amount of the check in CMC7 or E13B characters, and a station (80) for printing a fixed endorsement. Subsequent processing of the check is then considerably simplified for the customer, the trader, and the bank. FIG. 2.

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First Claim