Facilitating multi-transaction currency handling processes

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United States of America Patent

PATENT NO 7954699
SERIAL NO

12183727

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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A transaction such as a withdrawal or deposit may be divided into multiple smaller transactions based on an amount of currency associated with the transaction. For example, in a withdrawal, a container in which withdrawn funds are to be placed may be of limited size. Thus, multiple containers may be needed to withdraw the requested funds. Accordingly, each container may be assigned or associated with a different transaction. Each transaction may be created automatically, for example, upon completion of a previous transaction. Additionally, a number of transactions needed may be determined automatically. Thus, a user might only need to initiate the overall transaction process. Initiation may be based on manual input or triggered using an identification device such as an RFID tag, iris scan, card swipe and the like.

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Patent Owner(s)

  • BANK OF AMERICA CORPORATION

International Classification(s)

Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Bohen, Daniel Christopher Charlotte, US 58 1160
Folk, Amy Baker Charlotte, US 58 1149
Sanders, William Thomas Denver, US 54 1350

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