A Method and Product for Tracking Currency Transfer

AU2026205279A1Pending Publication Date: 2026-07-23ROLLSPACK
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Patent Information

Authority / Receiving Office
AU · AU
Patent Type
Applications
Current Assignee / Owner
ROLLSPACK
Filing Date
2026-07-03
Publication Date
2026-07-23

AI Technical Summary

Technical Problem

Current methods for depositing and tracking currency transfers are inefficient, prone to human error, and costly due to the need for multiple layers of human interaction, which also compromise security and increase operational costs.

Method used

A security bag equipped with a machine readable code and wireless identifier, such as a barcode and RFID tag, is used to track currency transfers by remotely accessing a database, allowing for automated tracking and verification of currency contents and locations.

Benefits of technology

The solution reduces human error and operational costs by enabling efficient, secure, and automated tracking of currency transfers, enhancing security and reducing the need for manual handling.

✦ Generated by Eureka AI based on patent content.

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Patent Text Reader

Abstract

Abstract Described herein is a method, product and system for tracking currency transfer, said method comprising use of a currency security bag containing currency and a series of steps to securely monitor information corresponding to the security bag. The security bag allows for 5 a user to track the currency from a point of deposit until reaching a destination. Abstract 20 26 20 52 79 03 J ul 2 02 6 A b s t r a c t 2 0 2 6 2 0 5 2 7 9 0 3 J u l 2 0 2 6
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