Abstract: A currency system (10) is described. The system (10) comprises a currency network (12) for handling and distributing currency, an information router (40) for receiving currency information from the currency network (12), a currency analyzer (48) for locating the position of all the currency in the network (12) and for determining how the currency should be located in the network (12) to fulfil a predetermined criterion, and a currency transfer reporter (44) for receiving currency transfer requests from the analyzer (48), for issuing currency transfer instructions to a cash mover (18), for receiving currency transfer confirmations from the cash mover (18), and for automatically reconciling currency transfer instructions with currency transfer confirmations. A method of managing a currency network is also described.

Abstract: A currency system (10) is described. The system (10) comprises a currency network (12) for handling and distributing currency, an information router (40) for receiving currency information from the currency network (12), a currency analyzer (48) for locating the position of all the currency in the network (12) and for determining how the currency should be located in the network (12) to fulfil a predetermined criterion, and a currency transfer reporter (44) for receiving currency transfer requests from the analyzer (48), for issuing currency transfer instructions to a cash mover (18), for receiving currency transfer confirmations from the cash mover (18), and for automatically reconciling currency transfer instructions with currency transfer confirmations. A method of managing a currency network is also described.

Abstract: A currency note picking apparatus includes pick mechanisms for picking notes from stacks of notes held in associated currency cassettes. Each pick mechanism includes pivotally mounted pick arms connectable via an electrically operated valve to a diaphragm pump which generates, continuously, a reduced pressure. During a relevant pivotal movement, the pick arms of a selected pick mechanism pick part of an end note out of the associated cassette by applying a suction force to this note. A timing disc rotates in synchronism with the pivotal movement of the pick arms, and an associated optical sensor generates timing signals which are indicative of the position of the pick arms relative to the cassette. The timing signals control the operation of the respective valve so as to enable the pump to communicate with the pick arms during the relevant pivotal movement thereof.