Abstract: This disclosure relates to a machine for dispensing a predetermined number of banknotes in bundle form with the banknotes being removed from a stack in sequence and there being counting apparatus for counting banknotes passing along a flow-path and a double note detector for detecting the simultaneous passage of plural banknotes along the same flow-path. The banknotes, as they are dispensed, are collected in a collecting compartment and if the proper number is dispensed without double notes being detected, the collected banknotes are delivered to a customer. However, if double banknotes are detected or there is an error in counting, the dispensing of notes from the stack ceases and all notes in the collecting department are diverted into a storage compartment and the machine is recycled.