John W Rhoads

US Patent:

20080120232, May 22, 2008

Filed:

Aug 15, 2007

Appl. No.:

11/839401

Inventors:

Daniel Neal Herrin - Katy TX, US
John Rhoads - Cypress TX, US

Assignee:

LOOMIS ARMORED US, INC. - Houston TX

International Classification:

G06Q 40/00

US Classification:

705 42, 235379, 235487

Abstract:

A system for remotely receiving and reporting cash transactions. The system may include a remotely positioned safe, the safe having an automated device configured to authenticate and count cash receipts in the safe, a communication device, and a processor configured to control the authentication, counting, and communicating processes; and a data collection facility in communication with the remotely positioned safe, the data collection facility being configured to poll the remotely positioned safe to determine cash deposits in the safe. The system may further include a reconciliation facility in communication with the data collection facility; and a banking facility in communication with the reconciliation facility, wherein the reconciliation facility is configured to credit a bank account at the banking facility for deposits made in the remotely positioned safe before the contents of the safe are physically delivered to the banking facility.