IP Library Granted Patent US 7,017,802
Granted Patent B2
US 7,017,802 · App. 10/100,885 · Granted Mar 28, 2006

Banknote store

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Quick Facts
Patent No.
US 7,017,802
App. No.
10/100,885
Granted
Mar 28, 2006
Kind
B2
Abstract

In a banknote store, banknotes are stacked such that alternate notes have their ends protruding from one end of the stack, with the intervening notes protruding from the opposite end. The topmost banknote can be dispensed individually by gripping the protruding end of the underlying banknote. A stack may be gripped at one end and/or along its edges while a new banknote is added to the store so that the new banknote does not shift the topmost banknote in the stack.

Claims (16)

1. A banknote store arranged to store a stack of banknotes which can be dispensed individually from the store, each banknote having an edge extending beyond the area occupied by an adjacent banknote, the banknote store including means for holding the banknote by the extending edge as the adjacent banknote is frictionally engaged and dispensed to prevent it from being conveyed by frictional engagement with the adjacent banknote, wherein successive banknotes have opposite edges extending beyond the area occupied by the respective adjacent banknotes.

2. A store as claimed in claim 1 , wherein the banknotes are elongate, and the opposite edges are disposed at the longitudinal ends of the banknote.

3. A store as claimed in claim 1 , including a plurality of gripping means each of which can be actuated to grip banknote edges at a respective side of the stack to permit an endmost banknote of the stack to be individually dispensed.

4. A store as claimed in claim 1 , including support means for supporting the stack, the support means comprising means for applying pressure to the extending edges of the banknotes so as to facilitate the gripping thereof.

5. A banknote store as claimed in claim 1 , including means for engaging and moving the banknotes at both ends of the stack in order to discharge the stack as a bundle.

6. A banknote store as claimed in claim 1 wherein, when in contact with a banknote, the means for holding the banknote contacts an upper planar surface of the banknote.

7. A banknote store arranged to store a stack of banknotes which can be dispensed individually from the store, each banknote having an edge extending beyond the area occupied by an adjacent banknote, the banknote store including means for holding the banknote by the extending edge as the adjacent banknote is frictionally engaged and dispensed to prevent it from being conveyed by frictional engagement with the adjacent banknote, and means for frictionally engaging and feeding banknotes to the store in order to form said stack.

8. A store as claimed in claim 7 , wherein the feeding means is arranged to feed banknotes to the store via a plurality of respective paths, each path delivering a banknote to a respective lateral position within the stack, so that banknotes delivered via different paths adopt different lateral positions.

9. A store as claimed in claim 8 , wherein the feeding means is operable to deliver banknotes to the stack via two paths which feed banknotes in opposite directions to the stack.

10. A banknote store arranged to store a stack of banknotes which can be dispensed individually from the store, each banknote having an edge extending beyond the area occupied by an adjacent banknote, the banknote store including means for holding the banknote by the extending edge as the adjacent banknote is dispensed in a plane substantially parallel to the banknotes of the store to prevent the held banknote form being conveyed by frictional engagement with the adjacent banknote, wherein successive banknotes have opposite edges extending beyond the area occupied by the respective adjacent banknotes.

11. Banknote storage means comprising:

a plurality of banknote stores each of which is arranged to store a stack of banknotes which can be dispensed individually from the store, each banknote having an edge extending beyond the area occupied by an adjacent banknote, each banknote store including means for holding the banknote by the extending edge as the adjacent banknote is dispensed in a plane substantially parallel to the banknotes of the store to prevent the held banknote form being conveyed by frictional engagement with the adjacent banknote, wherein successive banknotes have opposite edges extending beyond the area occupied by the respective adjacent banknotes, and

common feed means for feeding banknotes selectively to any one of the stores.

12. Banknote storage means as claimed in claim 11 , wherein the banknote stores are arranged in a stack.

13. A method of handling banknotes, the method comprising receiving banknotes, delivering the banknotes to first and second lateral positions within a banknote stack, the first and second positions being offset with respect to each other such that banknotes delivered to the first position have ends which extend beyond the ends of the banknotes delivered to the second position, and frictionally engaging and removing from the stack an endmost banknote delivered to the first position while gripping the extending end of an adjacent banknote delivered to the second position so that the adjacent banknote is not carried away by the endmost banknote.

14. A method of handling banknotes as claimed in claim 13 which includes the step of delivering the banknotes alternately via first and second paths to the first and second lateral positions within the banknote stack.

Assignments (7)
CHANGE OF NAME Recorded Oct 27, 2015
From: MEI, INC.
To: CRANE PAYMENT INNOVATIONS, INC.
Reel/Frame 036981/0237 →
RELEASE OF SECURITY INTEREST IN INTELLECTUAL PROPERTY COLLATERAL RECORDED AT REEL/FRAME 031095/0513 Recorded Dec 11, 2013
From: GOLDMAN SACHS BANK USA, AS COLLATERAL AGENT
To: MEI, INC.
Reel/Frame 031796/0123 →
SECURITY AGREEMENT Recorded Aug 27, 2013
From: MEI, INC.
To: GOLDMAN SACHS BANK USA, AS COLLATERAL AGENT
Reel/Frame 031095/0513 →
RELEASE OF SECURITY INTEREST Recorded Aug 23, 2013
From: CITIBANK JAPAN LTD.
To: MEI, INC.
Reel/Frame 031074/0602 →
CHANGE OF SECURITY AGENT Recorded Aug 16, 2007
From: CITIBANK, N.A.., TOKYO BRANCH
To: CITIBANK JAPAN LTD.
Reel/Frame 019699/0342 →
ASSIGNMENT OF ASSIGNOR'S INTEREST Recorded Jul 6, 2006
From: MARS, INCORPORATED
To: MEI, INC.
Reel/Frame 017882/0715 →
SECURITY AGREEMENT Recorded Jun 20, 2006
From: MEI, INC.
To: CITIBANK, N.A., TOKYO BRANCH
Reel/Frame 017811/0716 →