Patent ID: 7228292

Claim:
A system for issuing negotiable instruments to account holders, comprising: a customer account server programmed to host an uninsured account for each account holder and to account for a balance of funds associated with each account, and programmed to associate an account identifier and an account holder name with each account; a plurality of negotiable instrument dispensing stations each including a dispensing station processor, a printer for printing negotiable instruments and communicating with the dispensing station processor, and at least one input device for inputting into the dispensing station processor the account identifier for one of the account holders and a monetary amount to be printed on a negotiable instrument; the dispensing station processor programmed to communicate with the customer account server to determine the balance of funds in the account associated with the account identifier input into the dispensing station processor through the input device and to instruct the printer to print the negotiable instrument payable to the account holder name and in the monetary amount input into the dispensing station processor if there is a sufficient balance of funds in the account associated with the account identifier to cover at least the monetary amount; said customer account server programmed to debit the balance of funds in the account associated with the account identifier at least by the monetary amount printed on the negotiable instrument.