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A banknote conveyor which includes moveable means for transporting a banknote counter , the means engaging frictionally with the banknote at at least three points so that the force driving the banknote is dependent on the rigidity of the note. The banknote can further swivel about one of the points to align the note with a desired path. Also provided is a means for limiting the movement of the banknote if the force required to convey the banknote exceeds a predetermined limit and means for preventing the insertion of banknotes or other foreign objects into the conveyor when not in use.
Money counters are machines that allow users to confirm how many bills or coins exist in a given lot. In addition to counting, counters also check for counterfeit currency and alert users to remove the fake or bogus bills.
Developed in the 1920s, counters were originally employed in the Federal Reserve Bank to reduce errors and increase efficiency. These counters would stop once a set number of bills had been cycled, allowing users to mete out a predetermined volume of notes. In the 1980s, analog machines were improved upon with the implementation of microchip-driven high-speed counters that determine the amount and denominations of thousands of bills within shorter periods of time, with fake bills detected automatically.
Weight-based counting machines are typically smaller, and found in places like bank teller desks where space is tight. They rely on complicated algorithms to account for variances in note and coin weight and are usually used to verify the contents of a roll or stack of money.A method of conveying a banknote comprising: frictionally engaging at least three points with the banknote so as to partially deform the banknote, two of the points engaging opposite faces of the banknote; and moving at least one of the points in a direction of intended movement of the banknote so that, at least during conveyance of the china banknote counter , the points have a fixed relative spacing for any given position of the points and for any given banknote and wherein the at least one point moves to convey the banknote against a reference surface orientated substantially in parallel with said intended direction of movement of the banknote so that the banknote rotates to align the banknote.
Advanced counting machines often have a laundry list of features, including a variety of counting modes. These include the ability to identify and count mixed denominations, tally specific denominations, stop and remove suspect bills, count the total number of bills and handle bills in any condition, even if limp or folded. These features are made possible by using the latest technology, resulting in sophisticated counting machines that cost up to thousands of dollars.Money Counting machines with fewer features relying on simpler methods are relatively inexpensive---often costing under $100.
To use a counting machine, bills must be placed in the hopper to be counted. The machine then flips the bills behind a separator, as each note is moved it is tallied by an electronic or analog sensor that keeps track of how many bills have been cycled. In more sophisticated machines, unsorted bills are quickly scanned, allowing the denomination to be noted as the stack is processed. Some machines allow users to identify and remove counterfeit bills using either scanning or magnetic techniques. As the bills cycle the machine stops when it encounters an abnormal bill and allows the operator to remove the bill if necessary.
Once all the legitimate bills have cycled, most machines will provide a digital readout of the total denominations in the stack of bills. Advanced machines will aggregate the totals of all bills simultaneously using an onboard computer while less sophisticated machines must count denominations one at a time.A banknote conveyor for conveying a banknote along a direction of intended movement, the banknote conveyor being arranged to engage a banknote by means of surfaces which define a gap of predetermined configuration which is wider than the thickness of the banknote and of non-linear configuration so as to cause bending of the banknote when viewed in the direction of transport so that the force by which the banknote is gripped is dependent upon the rigidity of the banknote and which acts to align the banknote by conveying the banknote against a reference surface orientated substantially in parallel with said intended direction of travel of the banknote so that the banknote rotates.
Coin sorters use simpler technology than most bill counters . Many supermarket and home machines use a vibrating platform to shuffle change down holes of varying sizes designed for each type of coin. The stacks of each type of coin are then automatically measured for height and weight to ensure no errors have been made or counterfeits accepted.
In the case of vending machine and change dispensers, a microprocessor loaded with software is used to sum up the total value of the coins. It then instructs the hardware to send voltage to a solenoid in the machine that dispenses the correct amount of change.The invention relates to the transport of banknotes or other sheets of value, which are referred to simply as banknotes. The invention will be described in relation to banknote changers which are used in change machines and vending machines to receive, transport, store and dispense banknotes.
Specifically, the invention is concerned with the uptake and alignment of banknotes. The uptake of banknotes involves the initial engagement of the banknote by the mechanism of the changer. Aligning is necessary so that the banknote has the correct orientation when transported to other functional units of the changer such as an acceptor where the banknote is verified. Misalignment of the banknote can cause jamming of the mechanisms in the changer and incorrect verification. source:townhallcoin sorters
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