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Integrated Currency Escrow

IP.com Disclosure Number: IPCOM000050709D
Original Publication Date: 1982-Dec-01
Included in the Prior Art Database: 2005-Feb-10

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Related People

Laybourn, RJ Lynott, JJ Newman, EG [+details]


This article describes an apparatus for issuing currency to a customer from a stack in a portable, secure cartridge. The apparatus includes a rotary currency drawer; a portable cartridge having a separator and restraint belt pair fully enclosed therein for issuing individual bills from the cartridge directly into the drawer; and means for rotating the drawer between a position for receiving individual currency sheets from the cartridge, and a position rendering the contents of the drawer accessible to the customer. Interposed between the cartridge and the drawer is means for counting individual bills and for detecting overlapped bills.