Patent ID: 7635082

Claim:
A method of depositing and dispensing currency using a desktop document denominating and currency dispensing device comprising an input receptacle, a transport path, a single output receptacle, an image scanner, a processor, a controller, an interface, and one or more dispensing receptacles comprising the acts of: receiving a stack of documents including U.S. bills having at least one of a plurality of U.S. bill denominations to be deposited in the input receptacle of the device; transporting the documents received, one at a time, from the input receptacle along the transport path at a rate of at least 400 documents per minute; scanning the documents with the image scanner; generating image data output signals in response to information scanned on the documents; receiving image data output signals with the processor; determining the document type and value with the controller based on the image data output signals; delivering the documents received to a single output receptacle; removing the documents from the single output receptacle; inputting a withdrawal request into the processor via the interface; dispensing at least one U.S. bill having at least one of a plurality of U.S. bill denominations to be dispensed to satisfy the withdrawal request from the one or more dispensing receptacles, each receptacle adapted to hold a plurality of currency bills having the same denomination; transporting the at least one bill dispensed from the one or more dispensing receptacles along the transport path; determining the denomination of the at least one U.S. bill dispensed at a rate in excess of at least 400 bills per minute; delivering to the single output receptacle the at least one U.S. bill dispensed; and using the image data output signals for OCR.