EP1598786A2

Apparatus for receiving and distributing cash

Abstract

The present invention relates to methods and systems for receiving and distributing currency. In particular, the present invention provides a novel apparatus for the inflow and outflow of a variety of currency. The systems of the present invention are capable of recycling a variety of currency from multiple countries and multiple denominations. The systems of the present invention have the added advantage of compact size.

EP1598786A2, drawing sheet 1
Sheet 1 of 6

Term

Term ended

Projected expiry passed 18 December 2022, 3.8 years ago.

  1. Priority
  2. Filed
  3. Published
  4. Projected expiry
  5. Today

11 claims: 8 independent, 3 dependent

  1. 1
    An apparatus for receiving or dispensing coins and reusing some or all of the received coins as dispensed coins, comprising a coin sorting unit and an outer cover having at least one opening therein used for the input and output of coins, said at least one opening in connection with said coin sorting unit, wherein said coin sorting unit both receives and dispenses coins.
  2. 4
    The apparatus of claims 2 or 3, wherein said planar has one or more openings therein, wherein coins are positioned in a flat position when located in said openings.
  3. 5
    The apparatus according to any of claims 1 - 4, wherein the level at which a coin is stored in said at least one coin storage unit is lower than the level at which a coin is being fed out of said apparatus.
  4. 6
    The apparatus according to any of claims 1 - 5, wherein coins in said at least one coin storage unit are stored in a flat position stacked on top of each other to form a stack of coins, and wherein said apparatus further comprises a drive component for moving coins higher and lower in said at least one coin storage unit.
  5. 7
    The apparatus according to any of claims 1 - 6, wherein infeed of a new coin to said at least one coin storage unit occurs by placing a new coin on top of a stack, and outfeed of a coin from said at least one coin storage unit occurs by removing a coin from the top of said stack, and wherein the last input coin of a denomination is fed out as the first coin of that denomination.
  6. 8
    The apparatus according to any of claims 1 - 7, wherein out-fed coins are presented as a standing stack of coins.
  7. 9
    The apparatus according to any of claims 1 - 8, wherein said movable floor is a second moving planar that rotates underneath said first moving planar, wherein said second moving planar has one or more openings therein, and said coins are positioned in a flat position when located in said openings.
  8. 11
    Use of an apparatus according to any of claims 1 -10 in cash counting centers.