Patent ID: 7559461

Claim:
A method for cashing a negotiable instrument at an automated teller machine (ATM) comprising a display screen, a data entry device, a receipt printer, a bill dispenser and a reader, the method comprising: reading information from a negotiable instrument using the reader; receiving a face amount of the negotiable instrument at the ATM from the data entry device; calculating with the ATM at least one possible dispense amount comprising a combination of bills that the ATM is capable of dispensing; determining with the ATM any associated remaining funds that the ATM is unable to dispense; determining with the ATM at least one deposit account where the remaining funds may be deposited; displaying on the display screen the dispense amount, the remaining funds that the ATM is unable to dispense, and the deposit account where the remaining funds may be deposited; receiving a confirmation from the data entry device to dispense the bills in the displayed dispense amount and to deposit the displayed remaining funds in the displayed deposit account; dispensing the bills from the ATM using the bill dispenser; and transmitting an approval from the ATM to a host computer system to deposit the remaining funds into the deposit account.