Receipt validating bank depository

Details Receipt validating bank depository Receipt validating bank depository

G - Physics

05

D

354/41, 342/17.2

G05D 3/00 (2006.01) G07D 11/00 (2006.01) E05G 7/00 (2006.01)

Patent

CA 1058726

A B S T R A C T A bank depository which provides a depositor with a validated receipt ticket evidencing that a deposit has been made, employs an envelope, in which the deposit is placed prior to insertion in the depository, having an unvalidated receipt ticket removably affixed to it. An outer surface of the deposi- tory has an opening through which the deposit is made leading to an internal chamber for storage of deposits and a slotted rotat- able cylinder disposed between the opening and chamber normally positioned to prevent a deposit from being made until the receipt ticket is placed with in a validator by the depositor. The cylinder then rotates to align its slot with the chamber to receive the deposit and allow it to pass through the chamber. Means are pro- vided to sense the passage of the deposit to the chamber and to cause the receipt ticket to be validated in response thereto.

279836

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