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US Patent 8925797 Storage module for unfit denominations

Patent 8925797 was granted and assigned to BANK OF AMERICA CORPORATION on January, 2015 by the United States Patent and Trademark Office.

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Current Assignee

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Patent Jurisdiction

United States Patent and Trademark Office

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Patent Number

Patent Inventor Names

Amy Baker Folk0

Daniel Christopher Bohen0

Date of Patent

January 6, 2015

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Patent Application Number

123230270

Date Filed

November 25, 2008

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Patent Citations Received

US Patent 11669912 Cash loss exception and reconciliation system and method

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US Patent 12002319 Cloud-based cash inventory management for on-premises cash handling devices

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US Patent 11966896 Systems and methods for expanded cash management functionality via a cash handling device

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US Patent 11688221 Systems and methods for cash-till optimization

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Patent Primary Examiner

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Patent abstract

A currency handling device may convert a first recycling unit to a holding unit andto receive and store notes unfit for recycled circulation. The currency handling device may reallocate a second recycling unit to store a frequently recycled currency. Thereafter, deposits or withdrawals conducted with respect to the currency handling device may access or store currency in the converted or reallocated recycling units. The frequently recycled currency may be determined based on one or more trends.

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