Abstract: The invention relates to a system for transporting a sheaf of notes from a storage location to a dispensing outlet. The system comprises a conveyor apparatus, a carrier within which the sheaf is transported through the conveyor apparatus, and an extractor for removing the sheaf from the carrier. The carrier comprises a resiliently biased gripper for gripping the sheaf with a first gripping force. The extractor comprises an extraction gripping device configured to grip the sheaf with a second gripping force, which is greater than the first gripping force.