Cash dispensing system

Details Cash dispensing system Cash dispensing system

G - Physics

06

K

354/42

G06K 5/00 (2006.01) G06F 7/00 (2006.01) G07F 7/10 (2006.01)

Patent

CA 1087734

ABSTRACT OF THE DISCLOSURE A cash dispensing system having a central computer and associated memory for maintaining customer account records, a plurality of remote transaction terminals and a communication path connecting the remote terminals with the computer. Each of the remote terminals includes a signal generator for generating data representative of a desired transaction in response to a customer-initiated operation, and for transferring that data to the computer via the communication path. The computer includes means responsive to the transaction data to generate a customer information file (CIF) signal and to transfer that signal to the remote terminal. The CIF signal is re- presentative of a predetermined number associated with the customer. Each remote terminal includes a cash dispensing apparatus which includes a personal identification number (PIN) signal generator, a security device, a PIN signal transfer means, a CIF signal receiving means, and a cash dispenser. The PIN signal generator provides a PIN signal in response to a signal generator to the security device. The CIF signal re- ceiving means provides a means for receiving a CIF signal from the computer by way of the communication path and for trans- ferring that received signal to the security device. The cash dispenser includes a cash storage portion and a dispensing mechani- sm for dispensing one or more units of the stored cash in response to applied DISPENSE signals.

260867

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