Browse Prior Art Database

Depository Envelope Identification

IP.com Disclosure Number: IPCOM000086767D
Original Publication Date: 1976-Oct-01
Included in the Prior Art Database: 2005-Mar-03
Document File: 1 page(s) / 11K

Publishing Venue

IBM

Related People

Egelston, RW: AUTHOR

Abstract

A depository system for a self-service banking terminal provides means for correlating each deposited envelope with the computer record of the deposit transaction for reconciliation.

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Depository Envelope Identification

A depository system for a self-service banking terminal provides means for correlating each deposited envelope with the computer record of the deposit transaction for reconciliation.

A supply of pre-encoded depository envelopes is provided for use by the customer, which supply may be provided at the terminal location or elsewhere, or mailed to bank customers. The encoding on the depository envelopes is machine readable, and may be in the form of, for example, magnetic stripe, optical bar code or "A" font.

The terminal is provided with a device for reading the machine-readable data on the envelope, such as a magnetic slot reader or bar code reader.

The depository system is operated as follows. The customer who wishes to make a deposit inserts the deposit envelope into the reading device. The terminal records the number read from the envelope as part of the transaction on the journal record, and opens the depository door of the terminal. The customer inserts the documents, currency, coins, etc., to be deposited into the envelope, and the envelope into the depository.

The terminal or system prints a record containing the deposit envelope identification and the deposit transaction data for reconciliation of the transaction and envelope contents by bank personnel.

Of course, the machine-readable code is also printed in human-readable form on the envelope. Alternatively, instead of providing an envelope reading device, the customer ca...