Title:
HANDLING BANKNOTES AND THE LIKE
Document Type and Number:
WIPO Patent Application WO2001054075
Kind Code:
A3
Abstract:
Apparatus for handling validated banknotes in a host machine comprises a banknote cache and entry and exit paths by which a banknote can enter and exit the cache, there being at least one exit path along which a banknote can be dispensed on demand from the cache to a user. The apparatus can thereby dispense cached banknotes to a user as a refund, as change or as a prize. A cache storage device for use within the cache comprises a support for supporting a major portion of a banknote in a compact, collapsed configuration and a holding region for holding a minor portion of the banknote in a banknote path leading to and from the support. Preferably the major portion is coiled into the collapsed configuration. When required, the banknote is retracted or driven back along the banknote path to uncoil the major portion from its collapsed configuration.
Inventors:
BROOKES ALAN (US)
Application Number:
PCT/GB2001/000266
Publication Date:
January 31, 2002
Filing Date:
January 24, 2001
Export Citation:
Assignee:
INNOVATIVE TECHNOLOGY LTD (GB)
BROOKES ALAN (US)
BROOKES ALAN (US)
International Classes:
G07D11/00; (IPC1-7): G07F7/04; G07D11/00
Domestic Patent References:
| WO1998035324A1 | 1998-08-13 | |||
| WO2000052649A1 | 2000-09-08 |
Foreign References:
| EP0841643A1 | 1998-05-13 | |||
| DE19626981A1 | 1998-01-08 | |||
| DE3136610A1 | 1983-03-31 |
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