Money Transporting System with Pre-Recorded Banknote Data

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Solution Overview

Problem

The existing cash handling systems face challenges in efficiently transporting and recognizing mixed banknotes, leading to increased processing loads and potential shortages of fit banknotes, which are required to comply with ECB Article 6, especially in the distribution market where the demand for fit banknotes is rising.

Innovation Solution

A money transporting system that includes a transport cassette capable of storing banknotes with pre-recorded denomination and fitness information, allowing the cash depositing/dispensing apparatus to identify the banknotes without additional recognition processes, thereby reducing the processing load and ensuring an adequate supply of fit banknotes.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Measurement precision

If the cash depositing/dispensing apparatus performs recognition processes on all transported banknotes, then the fitness kind of banknotes can be accurately identified, but the processing load increases significantly

Engineering Contradiction:
Improveidentification accuracyVSAvoidprocessing load
Core Design Contradiction:
Measurement precisionVSProductivity

Solution Approach 1:

The cash settlement apparatus performs the recognition process and determines the fitness kind of banknotes before transporting them to the cash depositing/dispensing apparatus. The transport cassette is pre-labeled with this information, so the destination apparatus can directly use the pre-determined fitness kind without performing additional recognition processes, thereby reducing processing load while maintaining identification accuracy

Inventive Principle:
Principle #10Preliminary action

Solution Approach 2:

The transport cassette serves as an intermediary carrier that transports not only the physical banknotes but also their identification information (fitness kind) from the cash settlement apparatus to the cash depositing/dispensing apparatus. This intermediary transfers the recognition results along with the banknotes, eliminating the need for redundant recognition at the destination

Inventive Principle:
Principle #24Intermediary (Mediator)

2Quantity of substance

If the cash settlement apparatus transports mixed banknotes (fit and unfit) to the cash depositing/dispensing apparatus, then the supply of fit banknotes can be maintained, but the processing complexity increases due to need for separate management

Engineering Contradiction:
Improvesupply of fit banknotesVSAvoidprocessing complexity
Core Design Contradiction:
Quantity of substanceVSDevice complexity

Solution Approach 1:

The transport cassette is divided into separate storage sections: a first storage section for fit banknotes and a second storage section for unfit banknotes. Each section is clearly designated and managed separately, allowing the system to maintain adequate supply of fit banknotes while simplifying processing by preventing mixing and enabling direct routing to appropriate destinations based on the pre-labeled fitness kind information

Inventive Principle:
Principle #3Local quality

Data Source

PatentEP2555172B1Money transporting system
Publication Date: 2019.10.16 GLORY LTD
  • EP2555172B1 patent drawingFigure 1
  • EP2555172B1 patent drawingFigure 2
  • EP2555172B1 patent drawingFigure 3

AI summary

Disclosed is a currency transfer system comprising a cashier machine (13), a change machine (12), and a conveyor cassette (16) detachable to both the cashier machine and the change machine, for storing bills conveyed from the change machine to the cashier machine, further comprising an identification unit (23) on the change machine side, for identifying a bill denomination and normal and defective bills; an information creation unit (45) on the change machine side, for creating storage breakdown information to manage bill denominations and normal and defective bills, for each bill stored in the conveyor cassette, based on the identification unit identification results; and a recognition unit (76) on the cashier machine side, for recognizing the bill denomination and normal and defective bills for each currency stored in the conveyor cassette, based on the storage breakdown information, when storage breakdown information is obtained. This greatly reduces processing loads associated with bill identification at the cashier machine.