Automatic money receiving and disbursing machine

Claim 1

An automatic note receiving and disbursing machine having a receiving mode where notes are received therein and a disbursing mode where notes are disbursed therefrom, said machine comprising: a transacting section for receiving and disbursing notes; a first transfer passage for transferring notes; a discriminating means located in the first transfer passage for making a first discrimination and determining whether notes passing through the first transfer passage are normal; a second transfer passage positioned downstream from the transacting section and upstream from the first transfer passage for transferring notes from the transacting section to the first transfer passage; a disbursing means for storing notes to be disbursed; at least one third transfer passage located downstream from the disbursing means and upstream from the first transfer passage for transferring notes from the disbursing means to the first transfer passage; a storage means located downstream from the first transfer passage for receiving and temporarily storing notes from the first transfer passage; a note holding means located downstream from the storage means for receiving notes from the storage means; a fourth transfer passage located downstream from the first transfer passage and adjacent to the storage means, said fourth transfer passage being in communication with the transacting section for transferring notes selectively from one of the first transfer passage and the storage means to the transacting section; a circulation path defined by the fourth transfer passage, the second transfer passage, the first transfer passage and the storage means; first means for transferring notes received from the transacting section through the second transfer passage, the first transfer passage, and the storage means to the note holding means and then storing said notes in the note holding means during the receiving mode; second means for transferring notes from the disbursing means through the third passage, the first transfer passage and the fourth transfer passage and then discharging said notes from the transacting section during the disbursing mode; and means for making a second discrimination of notes by passing notes through said discriminating means again in the circulation path when notes are judged to include abnormal notes during the disbursing mode.