Bank note dispensing device with recycling capability
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
Apr 26, 2005
Grant Date -
Mar 27, 2003
app pub date -
Sep 4, 2002
filing date -
Sep 4, 2001
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
A bank note dispensing device includes a storage unit which can store bank notes that can be dispensed to a user through a discharge opening. A monitor unit can be operatively positioned relative to a passageway for transporting the bank notes in order to determine any abnormal conditions, such as accidental discharge of duplicate bank notes. A diverting unit can be operatively connected to the monitoring unit to remove a bank note from the passageway when the monitoring unit indicates an abnormal condition. A second diverting unit can be activated to position a removed bank note in a reject storage container. A recycle unit can receive an abnormal designated bank note and provide a second passageway to return the abnormal designated bank note to a position for subsequent transportation by the transporting unit through the discharge opening.
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