US4733060A
Expired / Lapsed
US
⏱️ 0.0 years remaining
Check negotiation system by means of check cards and check card drawing apparatus
Assignee: Glory Ltd
•
Filing: 1984-12-11
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Granted: 1988-03-22
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Expires: 2004-12-11
Abstract
Abstract In commercial transactions, settlement is conventionally made by cash and by checks drawn on a current account in a bank, etc. Users of such checking system enjoy its advantages. From the standpoint of banking business, however, such system involves a vast amont of complicated clerical procedures, and a number of negotiation checks pose a bottleneck in rationalizing the banking business. According to the present invention, there is provided a safe and secure check negotiating system which enables checks to be cashed with a minimum manual handling once check has been received by a financial institution such as a bank. The present invention also aims to provide a novel check card and an apparatus for drawing check cards to prevent illicit use of such a card when lost or stolen.
Inventors
- 👤 Syugo Dono
- 👤 Fumio Miyanaga
- 👤 Hiroshi Tomiyama
- 👤 Sadaaki Uesaka
- 👤 Haruo Odagiri
Bibliographic Details
Application Number
—
Jurisdiction
US
Data Source
google_patents
Last Synchronized
2026-10-28 10:40
CPC Classifications
G; G07; G07F; G07F19/00; G07F19/20; G06; G06K; G06K17/00; G06Q; G06Q20/00; G06Q20/04; G06Q20/042
Claims Analysis
Total Claims: 10
Claim 1
Independent Claim
178 words
A check card drawing apparatus which comprises: a keyboard for inputting data; a display means for displaying the data inputted by said keyboard; an insertion slit for receiving a check card and a data read-out/write-in means for reading out data written on a magnetic stripe of said check card inserted into said insertion slit and for writing data on said magnetic stripe of said check card; a printing means for printing data at a predetermined position on said check card; a memory for storing an account number specifically assigned to the check card drawing apparatus; an ejection slit for ejecting said check card; and a control means for controlling said keyboard, said display means, said data read-out/write-in means, said memory and said printing means and for controlling and conveying said check from said insertion slit to said ejection slit for ejecting said check card; wherein the account number which was previously recorded on said magnetic stripe of said check card is read out by said data read-out/write-in means and checked against said account number stored in said memory.
Claim 2
Dependent Claim
178 words
A check card drawing apparatus which comprises: a keyboard for inputting data; a display means for displaying the data inputted by said keyboard; an insertion slit for receiving a check card and a data read-out/write-in means for reading out data written on a magnetic stripe of said check card inserted into said insertion slit and for writing data on said magnetic stripe of said check card; a printing means for printing data at a predetermined position on said check card; a memory for storing an account number specifically assigned to the check card drawing apparatus; an ejection slit for ejecting said check card; and a control means for controlling said keyboard, said display means, said data read-out/write-in means, said memory and said printing means and for controlling and conveying said check from said insertion slit to said ejection slit for ejecting said check card; wherein the account number which was previously recorded on said magnetic stripe of said check card is read out by said data read-out/write-in means and checked against said account number stored in said memory.
Claim 3
Dependent Claim
18 words
A check card drawing apparatus as claimed in claim 1, wherein said keyboard comprises ten-keys and symbol keys.
Claim 4
Dependent Claim
28 words
A check card drawing apparatus as claimed in claim 1, wherein said insertion slit is located at a position which is different from that of said ejection slit.
Claim 5
Dependent Claim
19 words
A check card drawing apparatus as claimed in claim 1, wherein said insertion slit doubles as said ejection slit.
Claim 6
Dependent Claim
18 words
A check card drawing apparatus as claimed in claim 1, wherein said check card has an identification area.
Claim 7
Dependent Claim
24 words
A check card drawing apparatus as claimed in claim 5, further including a measuring means for detecting characteristic data disposed in said identification area.
Claim 8
Dependent Claim
23 words
A check card drawing apparatus as claimed in claim 6, wherein said measuring means comprises a light emitting element and a photo-sensitive element.
Claim 9
Dependent Claim
19 words
A check card drawing apparatus as claimed in claim 1, wherein the check card apparatus is portable and compact.
Claim 10
Dependent Claim
17 words
A check card apparatus as claimed in claimed 1, wherein said check card is a rectangular sheet.
References Cited (Backward Citations)
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Cited
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USPTO Annuity & Maintenance Windows
| Annuity Stage | Window Opens | Payment Deadline | Surcharge Period Until | Estimated Fee | Status |
|---|---|---|---|---|---|
| 3.5 Years (Year 4) | 1991-03-22 | 1991-09-21 | 1992-03-22 | $2000.00 | Window Closed / Lapsed |
| 7.5 Years (Year 8) | 1995-03-22 | 1995-09-21 | 1996-03-22 | $3760.00 | Window Closed / Lapsed |
| 11.5 Years (Year 12) | 1999-03-22 | 1999-09-21 | 2000-03-22 | $7700.00 | Window Closed / Lapsed |