Patent ID: 7779982
Filing Date: 2010-08-24
Classification: G07D

Abstract:
1. A currency processing and strapping device for strapping a stack of currency bills, each bill having a respective denomination, the device comprising: an input receptacle configured to receive bills to be strapped; one or more detectors configured to retrieve information from a passing bill which is used to denominate the passing bill; at least one strapping unit for strapping stacks of bills, the at least one strapping unit having a plurality of output receptacles configured to receive bills, each one of the plurality of output receptacles having a stack limit which determines how many bills will form a complete stack of bills, at least one of the plurality of output receptacles having a first stacking surface and a second stacking surface, the at least one strapping unit having a strapping position, the at least one strapping unit configured to strap a stacks of bills placed in the strapping position, the at least one strapping unit having a stack moving mechanism configured to move a stack of bills selected for strapping from any of the plurality of output receptacles to the strapping position; and a transport mechanism defining a transport path between the input receptacle, past the one or more detectors, and the at least one strapping unit, the transport mechanism being configured to transport each bill individually along the transport path, the transport mechanism being configured to sort the bills into the plurality of output receptacles based on the information retrieved from the one or more detectors so that an individual one of the output receptacles contains bills having the same denomination; wherein the first stacking surface of the at least one of the plurality of output receptacles is configured to receive bills during normal operation of the device, and the second stacking surface is configured to receive bills residing within the transport mechanism when a bill misfeed is detected; and wherein the device is configured to deliver bills to the first stacking surface of the at least one of the plurality of output receptacles during normal operation of the device, and the device is configured to deliver bills residing within the transport mechanism, when a bill misfeed is detected, to the second stacking surface.