GB2128794A - Cash dispensing systems - Google Patents

Cash dispensing systems Download PDF

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Publication number
GB2128794A
GB2128794A GB08229274A GB8229274A GB2128794A GB 2128794 A GB2128794 A GB 2128794A GB 08229274 A GB08229274 A GB 08229274A GB 8229274 A GB8229274 A GB 8229274A GB 2128794 A GB2128794 A GB 2128794A
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GB
United Kingdom
Prior art keywords
cash
ticket
machine
dispensing
bank
Prior art date
Legal status (The legal status is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the status listed.)
Granted
Application number
GB08229274A
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GB2128794B (en
Inventor
James D Salmon
Current Assignee (The listed assignees may be inaccurate. Google has not performed a legal analysis and makes no representation or warranty as to the accuracy of the list.)
De la Rue Systems Ltd
Original Assignee
De la Rue Systems Ltd
Priority date (The priority date is an assumption and is not a legal conclusion. Google has not performed a legal analysis and makes no representation as to the accuracy of the date listed.)
Filing date
Publication date
Application filed by De la Rue Systems Ltd filed Critical De la Rue Systems Ltd
Priority to GB08229274A priority Critical patent/GB2128794B/en
Publication of GB2128794A publication Critical patent/GB2128794A/en
Application granted granted Critical
Publication of GB2128794B publication Critical patent/GB2128794B/en
Expired legal-status Critical Current

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Classifications

    • G—PHYSICS
    • G07—CHECKING-DEVICES
    • G07F—COIN-FREED OR LIKE APPARATUS
    • G07F19/00—Complete banking systems; Coded card-freed arrangements adapted for dispensing or receiving monies or the like and posting such transactions to existing accounts, e.g. automatic teller machines
    • G07F19/20—Automatic teller machines [ATMs]
    • G—PHYSICS
    • G07—CHECKING-DEVICES
    • G07F—COIN-FREED OR LIKE APPARATUS
    • G07F19/00—Complete banking systems; Coded card-freed arrangements adapted for dispensing or receiving monies or the like and posting such transactions to existing accounts, e.g. automatic teller machines
    • G07F19/20—Automatic teller machines [ATMs]
    • G07F19/202—Depositing operations within ATMs

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  • Business, Economics & Management (AREA)
  • Accounting & Taxation (AREA)
  • Finance (AREA)
  • Physics & Mathematics (AREA)
  • General Physics & Mathematics (AREA)
  • Financial Or Insurance-Related Operations Such As Payment And Settlement (AREA)

Abstract

This invention concerns a cash dispensing system which comprises a cash dispensing machine (16-24), capable of reading machine-readable characters on a ticket, and a ticket-issuing machine (10, 12). An operator enters into the ticket-issuing machine at a teller terminal (10) numbers representing the value of cash to be dispensed and a ticket is then encoded within the ticket-issuing machine and is thereafter issued to a customer. The customer presents this encoded ticket to the cash-dispensing machine which, in response to signals from its reading means (18), dispenses an amount of cash equal to the value entered by the operator into the ticket-issuing machine. <IMAGE>

Description

SPECIFICATION Improvements relating to cash dispensing systems This invention relates to cash dispensing machines.
Many banks provide cash dispensing machines which require a coded card to be inserted and an identification number to be entered personally on a keyboard, after which the machine will dispense an amount of cash entered on the keyboard. One of the advantages of such machines is that they reduce the amount of money to be handled at the bank counter and therefore improve the bank security. However, there are many transactions involving payment of money which must still be carried out at the counter, for example the dispensing of cash to customers who have not been issued with a card or who may be cashing cheques from another bank. Consequently, the bank is still required to hold a large amount of cash at the counter.
A cash dispensing system according to the present invention includes a cash dispensing machine having means for reading machine-readable characters on a ticket, in combination with a ticket-issuing machine having operator-controlled means for entering numbers representing the value of cash to be dispensed and means for encoding the ticket in a form readable by the cash dispensing machine, the cash dispensing machine further comprising dispensing means responsive to the signals from its reading means for dispensing an amount of cash equal to the value entered by the operator into the ticket-issuing machine.The ticket issuing machine may encode the ticket with the amount to be dispensed; alternatively, the ticket issuing machine may transmit signals representing the amount to be dispensed, with signals representing a transaction number, to the cash dispensing machine and may then issue a ticket having only a representation of the transaction number in machine-readable form.
Thus, although the bank customer requiring the cash still has to go to the bank counter, the cash itself is held in the dispensing machine. This can in fact be the same dispensing machine which comprises the conventional means for reading a conventional bank identity card and a keyboard enabling the card holder two enter his identity number.
The ticket-issuing machine and the cash dispensing machine may be linked to a branch computer controller. In order that the invention may be better understood, an example of a system embodying the invention will now be described with reference to the accompanying drawing.
In the drawing, there are four teller terminals 10 at the bank counter, each with a ticket issuing machine 12. The ticket issuing machines have keyboards which enable the bank operator or teller to enter the amount of cash required and possibly to enter also a transaction number. The teller terminals and ticketissuing machines are linked to the branch computer 14. This computer is also linked to a cash dispensing unit (in the lobby of the bank) which may, of course, have more than one outlet. This cash dispensing machine 16 includes a ticket receiving slot, a ticket reader 18 and control logic 20. Additionally, the machine preferably comprises a conventional magnetic card reader and a keyboard for bank card-holders to insert their own identity numbers.
Thus, the cash-handling activities associated with bank tellers are consolidated into one unit or a number of units in the bank lobby.
The control logic associated with the dispensing machine also controls the mixture of notes to be issued to make up the total value of the cash.
The tickets issued by the machines at the teller terminals may be small paper tickets with a magnetic stripe on the back. The magnetic stripe may be coded to include a teller station number, a transaction number and the amount of cash to be dispensed. Thus, a customer wishing to perform a cash-related transaction at a teller window would be given a ticket magnetically encoded with information related to the cash he is to receive. If desired, this information can also be printed on the card in visible form.
The customer takes this magnetically encoded card and feeds it into the ticket reader of the cash dispensing unit. The reader records the transaction number, the teller position and the cash pay out amount and the ticket is then retained within the machine for subsequent reference if necessary. The dispenser then supplies the appropriate amount of money to the customer.
It will be seen that the invention removes from the cashier the responsibility of handling the cashdispensing tasks and centralises the cash transactions into one location. This saves on mechanism costs and also on the amount of money held in one location. At the same time, it improves the security of operation and reduces the need for screens to be provided at the counter.
1. A cash dispensing system including a cash dispensing machine having means for reading machine-readable characters on a ticket, in combination with a ticket-issuing machine having operatorcontrolled means for entering numbers representing the value of cash to be dispensed and means for encoding the ticket in a form readable by the cash dispensing machine, the cash dispensing machine further comprising dispensing means responsiveto the signals from its reading means when a ticket is inserted for dispensing an amount of cash equal to the value entered by the operator into the ticketissuing machine.
2. A cash dispensing system in accordance with claim 1, in which ticket issuing machine encodes the ticket with the amount of cash to be dispensed.
3. A cash dispensing system in accordance with claim 1, including a communication link between the ticket issuing machine and the cash dispensing machine, the cash dispensing machine having a memory for receiving from the ticket issuing machine signals representing the amount to be dispensed, with signals representing a transaction number, the issued ticket having a representation of the transaction number in machine-readable form.
4. A cash dispensing system in accordance with
**WARNING** end of DESC field may overlap start of CLMS **.

Claims (5)

**WARNING** start of CLMS field may overlap end of DESC **. SPECIFICATION Improvements relating to cash dispensing systems This invention relates to cash dispensing machines. Many banks provide cash dispensing machines which require a coded card to be inserted and an identification number to be entered personally on a keyboard, after which the machine will dispense an amount of cash entered on the keyboard. One of the advantages of such machines is that they reduce the amount of money to be handled at the bank counter and therefore improve the bank security. However, there are many transactions involving payment of money which must still be carried out at the counter, for example the dispensing of cash to customers who have not been issued with a card or who may be cashing cheques from another bank. Consequently, the bank is still required to hold a large amount of cash at the counter. A cash dispensing system according to the present invention includes a cash dispensing machine having means for reading machine-readable characters on a ticket, in combination with a ticket-issuing machine having operator-controlled means for entering numbers representing the value of cash to be dispensed and means for encoding the ticket in a form readable by the cash dispensing machine, the cash dispensing machine further comprising dispensing means responsive to the signals from its reading means for dispensing an amount of cash equal to the value entered by the operator into the ticket-issuing machine.The ticket issuing machine may encode the ticket with the amount to be dispensed; alternatively, the ticket issuing machine may transmit signals representing the amount to be dispensed, with signals representing a transaction number, to the cash dispensing machine and may then issue a ticket having only a representation of the transaction number in machine-readable form. Thus, although the bank customer requiring the cash still has to go to the bank counter, the cash itself is held in the dispensing machine. This can in fact be the same dispensing machine which comprises the conventional means for reading a conventional bank identity card and a keyboard enabling the card holder two enter his identity number. The ticket-issuing machine and the cash dispensing machine may be linked to a branch computer controller. In order that the invention may be better understood, an example of a system embodying the invention will now be described with reference to the accompanying drawing. In the drawing, there are four teller terminals 10 at the bank counter, each with a ticket issuing machine 12. The ticket issuing machines have keyboards which enable the bank operator or teller to enter the amount of cash required and possibly to enter also a transaction number. The teller terminals and ticketissuing machines are linked to the branch computer 14. This computer is also linked to a cash dispensing unit (in the lobby of the bank) which may, of course, have more than one outlet. This cash dispensing machine 16 includes a ticket receiving slot, a ticket reader 18 and control logic 20. Additionally, the machine preferably comprises a conventional magnetic card reader and a keyboard for bank card-holders to insert their own identity numbers. Thus, the cash-handling activities associated with bank tellers are consolidated into one unit or a number of units in the bank lobby. The control logic associated with the dispensing machine also controls the mixture of notes to be issued to make up the total value of the cash. The tickets issued by the machines at the teller terminals may be small paper tickets with a magnetic stripe on the back. The magnetic stripe may be coded to include a teller station number, a transaction number and the amount of cash to be dispensed. Thus, a customer wishing to perform a cash-related transaction at a teller window would be given a ticket magnetically encoded with information related to the cash he is to receive. If desired, this information can also be printed on the card in visible form. The customer takes this magnetically encoded card and feeds it into the ticket reader of the cash dispensing unit. The reader records the transaction number, the teller position and the cash pay out amount and the ticket is then retained within the machine for subsequent reference if necessary. The dispenser then supplies the appropriate amount of money to the customer. It will be seen that the invention removes from the cashier the responsibility of handling the cashdispensing tasks and centralises the cash transactions into one location. This saves on mechanism costs and also on the amount of money held in one location. At the same time, it improves the security of operation and reduces the need for screens to be provided at the counter. CLAIMS
1. A cash dispensing system including a cash dispensing machine having means for reading machine-readable characters on a ticket, in combination with a ticket-issuing machine having operatorcontrolled means for entering numbers representing the value of cash to be dispensed and means for encoding the ticket in a form readable by the cash dispensing machine, the cash dispensing machine further comprising dispensing means responsiveto the signals from its reading means when a ticket is inserted for dispensing an amount of cash equal to the value entered by the operator into the ticketissuing machine.
2. A cash dispensing system in accordance with claim 1, in which ticket issuing machine encodes the ticket with the amount of cash to be dispensed.
3. A cash dispensing system in accordance with claim 1, including a communication link between the ticket issuing machine and the cash dispensing machine, the cash dispensing machine having a memory for receiving from the ticket issuing machine signals representing the amount to be dispensed, with signals representing a transaction number, the issued ticket having a representation of the transaction number in machine-readable form.
4. A cash dispensing system in accordance with claim 1,2 or 3, further comprising means for reading a conventional bank-identity card and a keyboard enabling the card-holder to enter his identity number.
5. A cash dispensing system in accordance with any one of the preceding claims, in which the ticket-issuing machine and the cash dispensing machine are linked to a branch computer controller.
GB08229274A 1982-10-13 1982-10-13 Cash dispensing systems Expired GB2128794B (en)

Priority Applications (1)

Application Number Priority Date Filing Date Title
GB08229274A GB2128794B (en) 1982-10-13 1982-10-13 Cash dispensing systems

Applications Claiming Priority (1)

Application Number Priority Date Filing Date Title
GB08229274A GB2128794B (en) 1982-10-13 1982-10-13 Cash dispensing systems

Publications (2)

Publication Number Publication Date
GB2128794A true GB2128794A (en) 1984-05-02
GB2128794B GB2128794B (en) 1985-12-04

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GB08229274A Expired GB2128794B (en) 1982-10-13 1982-10-13 Cash dispensing systems

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Cited By (1)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
EP0372103A1 (en) * 1988-12-05 1990-06-13 Scheidt & Bachmann Gmbh Method for actuating product and/or service vending machines, and matching vending machine

Citations (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
GB361530A (en) *
GB1369537A (en) * 1971-04-21 1974-10-09 Ostertag Werke Ag System for dispensing units of value
GB1452361A (en) * 1973-05-31 1976-10-13 Omron Tateisi Electronics Co Apparatus for issuing a card having a predetermined monetary value
GB2066540A (en) * 1979-12-20 1981-07-08 Lethaby & Co Ltd Transaction device

Patent Citations (4)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
GB361530A (en) *
GB1369537A (en) * 1971-04-21 1974-10-09 Ostertag Werke Ag System for dispensing units of value
GB1452361A (en) * 1973-05-31 1976-10-13 Omron Tateisi Electronics Co Apparatus for issuing a card having a predetermined monetary value
GB2066540A (en) * 1979-12-20 1981-07-08 Lethaby & Co Ltd Transaction device

Cited By (2)

* Cited by examiner, † Cited by third party
Publication number Priority date Publication date Assignee Title
EP0372103A1 (en) * 1988-12-05 1990-06-13 Scheidt & Bachmann Gmbh Method for actuating product and/or service vending machines, and matching vending machine
US5055657A (en) * 1988-12-05 1991-10-08 Scheidt & Bachmann Gesellschaft Mit Beschrankter Haftung Vending type machine dispensing a redeemable credit voucher upon payment interrupt

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Publication number Publication date
GB2128794B (en) 1985-12-04

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