Automatic Cash Strapping and Bagging Module

Resolve Bottlenecks,
Find Innovative Solutions
Generate Solutions

Solution Overview

Problem

Manual bundling and transportation of cash from cash recyclers is time-consuming and inefficient, posing a security risk due to the accumulation of currency.

Innovation Solution

Implementing an automatic strapping and bagging system within cash handling devices, where user input determines the number of bills to be bundled and once a threshold is reached, the bills are automatically transferred to a strapping module, stacked, and then bagged for secure storage or transportation.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Reliability

If manual bundling and bagging of cash is performed, then security risk is reduced by removing cash from recycler, but time consumption and operational efficiency deteriorate

Engineering Contradiction:
Improvesecurity riskVSAvoidtime consumption
Core Design Contradiction:
ReliabilityVSLoss of time

Solution Approach 1:

The cash recycler system performs self-service by automatically bundling and bagging cash internally without requiring external manual intervention. The system monitors its own cash accumulation and autonomously executes the bundling and bagging operations, eliminating the need for human operators to manually handle these tasks while maintaining security by removing cash from the recycler.

Inventive Principle:
Principle #25Self-service

Solution Approach 2:

An automatic bundling and bagging module serves as an intermediary between the cash recycler and the external environment. This intermediate system handles the cash bundling and bagging operations automatically, acting as a mediator that transfers cash from the recycler to secure storage without requiring direct human involvement in the manual handling process.

Inventive Principle:
Principle #24Intermediary (Mediator)

2Reliability

If manual bundling and bagging operations are performed, then cash can be removed and stored securely, but operational efficiency and productivity deteriorate

Engineering Contradiction:
Improvesecure storageVSAvoidoperational efficiency
Core Design Contradiction:
ReliabilityVSProductivity

Solution Approach 1:

The system provides self-service functionality by automatically performing bundling and bagging operations within the cash recycler. The machine monitors its own cash levels and autonomously executes the complete process of bundling cash into stacks and then bagging them, eliminating the need for external manual operations and significantly improving productivity while ensuring secure storage.

Inventive Principle:
Principle #25Self-service

Solution Approach 2:

The bundling and bagging functions are merged into a single integrated automatic module within the cash recycler. By combining these operations into one unified system that works automatically, the patent improves operational efficiency by eliminating the need for separate manual bundling and bagging steps while ensuring secure storage of cash.

Inventive Principle:
Principle #5Merging (Combining)

3Productivity

If automatic strapping and bagging system is implemented, then productivity and efficiency are improved, but device complexity increases

Engineering Contradiction:
ImproveefficiencyVSAvoidsystem complexity
Core Design Contradiction:
ProductivityVSDevice complexity

Solution Approach 1:

The automatic bundling and bagging module is designed as a universal multi-functional unit that performs multiple operations (monitoring cash levels, bundling, strapping, and bagging) within a single integrated system. This multi-functionality approach improves productivity by consolidating multiple tasks into one automatic device while managing complexity through functional integration rather than separate components.

Inventive Principle:
Principle #6Universality (Multi-functionality)

Solution Approach 2:

The system achieves self-service capability where the cash recycler automatically monitors its own cash accumulation and triggers the bundling and bagging operations without external intervention. This self-monitoring and self-executing mechanism improves productivity by eliminating manual oversight while managing complexity through automated control systems that replace multiple manual operations with a single intelligent device.

Inventive Principle:
Principle #25Self-service

Data Source

PatentUS8601771B2Automatic strapping and bagging of funds
Publication Date: 2013.12.10 BANK OF AMERICA CORP
  • US8601771B2 patent drawing
  • US8601771B2 patent drawing
  • US8601771B2 patent drawing

AI summary

A cash recycler or other currency handling device includes modules for automatically strapping a plurality of bills together and bagging the strapped bills for transport. A user may determine a number of bills to be bundled in a stack or unit. Once the predetermined threshold is met, the bills will be automatically transferred to a strapping area where the bills will be strapped together for storage or transport. Additionally or alternatively, the bills may be strapped together as they enter a cartridge, such as an overflow cartridge. The strapped bills may be transferred to a bagging module where the stacks of bills will be automatically bagged, each bag including a predetermined number of stacks of bills. The bags will then be transferred to storage for transport.