Stacking purge-bin

Patent metadata

Field	Value
Publication number	US-9600809-B2
Application number	US-201614987711-A
Country	US
Kind code	B2
Filing date	Jan 4, 2016
Priority date	May 20, 2013
Publication date	Mar 21, 2017
Grant date	Mar 21, 2017

Abstract

Apparatus and methods for a stacking purge-bin (“SPB”) are provided. The SPB may be configured to rotate. The SPB may include a plurality of receiving sections. One or more tangible items retracted by the SSK may be stored in each receiving section. Rotating the SPB between each retraction may prevent tangible items from two consecutive retractions from being stored in a single receiving section. Preventing tangible items from two consecutive retractions from being stored in a single receiving section may allow each tangible item to be associated with transaction information corresponding to a retraction. The SPB may store separators. A separator may be inserted between tangible items received from two consecutive retractions. Separating between tangible items received from two consecutive retractions may allow each tangible item to be associated with transaction information corresponding to a retraction. Transaction information associated with a retraction may be marked on the separator.

First claim

What is claimed is:

1. A method of storing bills in a purge-bin of an automated teller machine (“ATM”), the method comprising:
retracting a plurality of bills from an ATM dispenser;
generating a separator record, the separator record comprising:
a date;
a time; and
a transaction identifier;

associating the separator record with a separator tab of the purge-bin;
releasing the separator tab;
storing the plurality of bills in the purge-bin;
extracting the plurality of bills from the purge-bin;
determining a value corresponding to the plurality of bills;
based on the separator tab, associating the value with the separator record;
appending the value to the separator record;
identifying a request for an amount of funds associated with the transaction identifier;
based on the transaction identifier, associating the separator record with a customer account; and
when the amount is greater than the value, debiting the customer account a difference between the amount and the value.

2. The method of claim 1 wherein when the plurality of bills is a first plurality of bills stored in the purge-bin, the separator tab separates the first plurality of bills from a second plurality of bills.

3. The method of claim 2 further comprising:
based on the transaction identifier, associating the separator record with a customer account; and
crediting the value to the customer account.

4. The method of claim 1 further comprising at a computer system of a financial institution:
receiving a mis-dispense claim from a customer, the mis-dispense claim comprising a requested refund amount; and
adjusting the requested refund amount based on the value.

5. The method of claim 1 wherein the storing comprises enveloping the plurality of bills with a shrink-wrap.

6. The method of claim 1 , wherein:
the separator comprises a sleeve; and
the storing comprises inserting the plurality of bills into the sleeve.

7. A method of storing bills in a purge-bin of an automated teller machine (“ATM”), the method comprising:
retracting a plurality of bills from an ATM dispenser;
generating a separator record, the separator record comprising:
a date;
a time; and
a transaction identifier;

associating the separator record with a separator tab of the purge-bin;
releasing the separator tab;
storing the plurality of bills in the purge-bin;
extracting the plurality of bills from the purge-bin;
determining a value corresponding to the plurality of bills;
based on the separator tab, associating the value with the separator record;
appending the value to the separator record;
receiving a mis-dispense claim from a customer, the mis-dispense claim comprising a requested refund amount; and
adjusting the requested refund amount based on the value.

8. The method of claim 7 wherein when the plurality of bills is a first plurality of bills stored in the purge-bin, the separator tab separates the first plurality of bills from a second plurality of bills.

9. The method of claim 7 further comprising:
based on the transaction identifier, associating the separator record with a customer account; and
crediting the value to the customer account.

10. The method of claim 7 further comprising:
identifying a request for an amount of funds associated with the transaction identifier;
based on the transaction identifier, associating the separator record with a customer account; and
when the amount is greater than the value, debiting the customer account a difference between the amount and the value.

11. The method of claim 7 wherein the storing comprises enveloping the plurality of bills with a shrink-wrap.

12. The method of claim 7 , wherein:
the separator comprises a sleeve; and
the storing comprises inserting the plurality of bills into the sleeve.

Assignees

• Bank Of America

Inventors

• Crist Kristy M
• Carswell Terrelle
• Mcconnell Eric
• Puri Rahul
• Rhodes Devin D
• Goodwin James D

Classifications

• B65H2701/1912

  Banknotes, bills and cheques or the like · CPC title

• B65H2301/4263

  Feeding end plate or end sheet before formation or after completion of a pile · CPC title

• B65H2408/13

  Wall or kiosk dispenser, i.e. for positively handling or holding material until withdrawal by user · CPC title

• B65H2301/42114

  swivelled from 90° · CPC title

• G07F19/203 Primary

  Dispensing operations within ATMs (dispensing in general G07D11/00) · CPC title