Abstract: Disclosed is an apparatus for binding a stack of paper sheets such as paper money with a binding tape or band. The winding of the binder tape around the paper stack is effected after the leading end portion of the binder tape has been securely inserted into the paper stack.For inserting the leading end portion of the tape into the paper stack, a gap for receiving the tape leading end is formed by a divider or splitter means comprising a reciprocably movable plate formed with a knife edge which is movable toward the paper stack and which can penetrate into the stack, to thereby form the gap as the paper stack is fed toward a predetermined winding position, at which position the paper stack is supported on a stationary platform having an upper surface formed with an arcuate recess.

Abstract: Disclosed in a binding tape dispensing and dealing mechanism for an apparatus for binding a bundle of paper sheets such as paper money with the binding tape, which mechanism comprises a ring-like or annular flyer provided with tape guide rollers for holding and guiding the binding tape therebetween. The annular flyer is adapted to be rotated about a bundle of the stacked papers disposed substantially at a center portion of the flyer ring, to thereby wind the binder tape about the paper bundle as the flyer ring is revolved about the center thereof. The tape dealing mechanism further includes a cutter for cutting the tape in a predetermined length, a pressing lever for pressing the cut end portion of the binder tape wound around the bundle of stacked papers against a lateral side of the paper stack, a spring and cam for controlling the operation of the cutter, and another spring and cam for controlling the movement of the pressing lever relative to the lateral side of the paper stack.

Abstract: Disclosed in a tape winding mechanism for an apparatus for binding a bundle of stacked paper sheets such as paper money with a binding tape or strip. The apparatus comprises a rotatable ring-like flyer body provided with a first stationary guide roller and a second movable roller which is mounted on a flyer ring in such a manner that it can be brought into contact with the first guide roller, to thereby hold and guide a nipped tape end portion under the resilient force of a spring. The bundle of papers to be bound is disposed in an inner space of the flyer ring body. The binding tape is fed from a supply reel and the leading end portion is inserted into the paper stack which is then held in a compressed state. When the flyer body is rotated around the paper by a suitable drive means, the tape as held and guided by the first and second rollers is wound around the paper bundle in a desired number of turns. Thereafter the tape is cut and the cut end portion of the tape is bonded to the wound tape portion.

Abstract: Disclosed is an apparatus for holding a stack of papers such as paper money in a compressed state before and during the winding of a binder tape around the stack to form a bound paper bundle. The apparatus comprises first and second bases or platforms longitudinally aligned to each other with a gap interposed therebetween. Each of the platforms is in the upper surface thereof formed with an arcuately concaved longitudinal recess which is adapted to be covered by resilient plate for receiving thereon the stack of papers to be bound. Disposed above the first and second platforms is a vertically movable pressing pad plate which has an arcuately convexed lower surface. The stack of papers placed on the resilient plate can thus be clamped between the platforms and the lowered pressing pad and held in the arcuately compressed state.