Abstract: The invention relates to an apparatus for accumulating and dispensing bank notes of various length, width and condition without appreciable deformation of current note and displacement of previously stacked notes, preferably having a device connected in series to verify genuineness of bank notes inserted. Apparatus comprises a lockable removable box with a note transfer, stacker and dispensing mechanism. A note transfer mechanism comprises a belt drive with at least one spring claw for gripping note leading edge. Stacker mechanism comprises two reversible frames with longitudinal revolving panels on their side segments. Dispensing mechanism comprises spring loaded roll pallet with outlet gate. A note is pulled into apparatus by means of gripper under the belt translation. The notes stack or bundle is formed due to reversible motion of frames with corresponding side panels revolving. At the dispenser embodiment the bundle of notes slides out due to cooperative motion of driving belt and roll pallet.

Abstract: The invention relates to an apparatus for accumulating and dispensing bank notes of various length, width and condition without appreciable deformation of current note and displacement of previously stacked notes, preferably having a device connected in series to verify genuineness of bank notes inserted. Apparatus comprises a lockable removable box with a note transfer, stacker and dispensing mechanism. A note transfer mechanism comprises a belt drive with at least one spring claw for gripping note leading edge. Stacker mechanism comprises two reversible frames with longitudinal revolving panels on their side segments. Dispensing mechanism comprises spring loaded roll pallet with outlet gate. A note is pulled into apparatus by means of gripper under the belt translation. The notes stack or bundle is formed due to reversible motion of frames with corresponding side panels revolving. At the dispenser embodiment the bundle of notes slides out due to cooperative motion of driving belt and roll pallet.