Method for storing and dispensing cash

G - Physics – 07 – F

Patent

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Details

G07F 19/00 (2006.01) G06Q 40/00 (2006.01)

Patent

CA 2149634

2149634 9411836 PCTABS00032 A time delayed cash dispenser (10) is interconnected with a control terminal (32) that is connectable to an electronic funds transfer system. The control terminal (32) is selectively controlled to ''override'' the timer of the time delayed cash dispenser (10) to enable a user to access and perform transactions through the EFT system (54). Preferably, the control terminal (32) activates the cash dispenser (10) to vend cash containers containing the authorized cash disbursement. Cash stores in the time delayed cash dispenser (10) are replenished by depositing excess cash from the retail location cash register. The system thus permits cash replenishment in discrete amounts without exposing the entire cash stores and permits a retail establishment to sell cash to customers through the EFT system (54).

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