Banknote processing device

A technology for processing device and currency, which is applied to the device for processing currency units and the field of coin processing, which can solve the problems of potential customers being discouraged and shortage of change, and achieve the effect of reducing the amount of time and improving the utilization rate of change.

Inactive Publication Date: 2002-03-06
MICRO ELECTRONICS INC
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  • Summary
  • Abstract
  • Description
  • Claims
  • Application Information

AI Technical Summary

Problems solved by technology

These float levels can be lowered to release cash to the machine's owner, but correspondingly, the amount of cash available to provide change to the user of that machine is less,

Method used

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  • Banknote processing device
  • Banknote processing device
  • Banknote processing device

Examples

Experimental program
Comparison scheme
Effect test

Embodiment Construction

[0032] refer to figure 1 , the coin handling apparatus 2 includes a coin validator 4 that receives coins marked with 6 . As the coins 6 pass along the path 8 through the validator 4, the validator provides a signal indicating whether the coins are acceptable and, if so, the denomination of the coins.

[0033] Acceptable coins then enter coin sorter 10, wherein there are a plurality of gates (not shown) controlled by circuits of the apparatus for selectively diverting coins from main path 12 to a plurality of next-step paths 14, 16 and 18, or coins may be made to enter path 20 along path 12 until reaching cash drawer 21. If the coin is unacceptable, it does not enter the sorter 10 and is directed out via path 30 to the discharge.

[0034] Paths 14, 16 and 18 lead to three coin conduits or containers 22, 24 and 26, respectively. Each container is configured to store a vertical stack of coins of a certain denomination. Although only three containers are shown, any number (pre...

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PUM

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Abstract

A currency handling apparatus is arranged to perform a float operation at the end of which a store holds coins of various denominations in appropriate quantities such that their collective value is equal to a predetermined value, wherein the respective proportions of the different denominations may vary depending upon various conditions.

Description

field of invention [0001] The invention relates to a device for handling monetary units. The invention has been described primarily in relation to coin handling, but the invention is also applicable to devices which also or only handle other monetary units such as banknotes. Background technique [0002] It is known to have coin handling apparatus which accept and verify coins of different denominations and deposit valid coins into respective containers for coins of one denomination. It is also known to dispense coins as change from these containers in an amount corresponding to the difference between the value of the coin inserted and the price of the product or service obtained from the machine connected to the coin handling device. [0003] It is also known that the level of coins in each container does not exceed a predetermined upper limit level. Thus, the device tends to place coins of a certain denomination into the associated receptacles up to the upper limit, and ...

Claims

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Application Information

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IPC IPC(8): G07D1/00G07D1/02G07D9/00G07F5/22G07F5/24
CPCG07D1/00
Inventor P·R·弗莱彻
Owner MICRO ELECTRONICS INC
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