Deposit system and method of taking deposits

Number of patents in Portfolio can not be more than 2000

United States of America Patent

APP PUB NO 20040210515A1
SERIAL NO

10417159

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ATTORNEY / AGENT: (SPONSORED)

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Abstract

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The present invention provides a deposit system and a method for receiving a deposit from a user. In an aspect, a deposit system for receiving a deposit from a user is provided. The deposit system includes a deposit processor having a user interface to permit the user to communicate deposit information to the deposit processor before the user makes the deposit, the deposit information including an indication of type of the deposit as being one of a cash deposit and a non-cash deposit; at least one safe operatively attached to the deposit processor, each safe being configured to receive at least one of a cash deposit and a non-cash deposit and each safe having a first lockable access thereto, the at least one safe capable of receiving cash deposits and non-cash deposits; and a reader, operatively connected to the deposit processor, to read a label of the deposit to identify the deposit using the deposit information. Upon the deposit being identified, the deposit processor unlocks the first lockable access for one of the at least one safe to permit the user to deposit the deposit therein.

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Patent Owner(s)

Patent OwnerAddress
CANADIAN IMPERIAL BANK OF COMMERCE199 BAY STREET 11TH FLOOR TORONTO M5L1A2
NAMSYS INC5 LORING DRIVE BOLTON ONTARIO L7E 1Y1

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Inventor(s)

Inventor Name Address # of filed Patents Total Citations
Hughes, Grant Oakville, CA 6 318

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