An apparatus for taking out bundled bills includes an elevator arranged in front of the containing boxes for containing the bundled bills, a sliding block arranged between the elevator and the containing boxes and driven up and down by a belt, a discharging block mounted on a swing shaft which is swingably mounted on the sliding block, a discharging block regulating roller for regulating the rotation of the swing block in contact with the elevator, and, having a supporting block for receiving the bundled bills having fallen and slowly guiding the bundled bills into the elevator. The present apparatus is intended to be incorporated into or combined with a machine for dispensing bundled bills and/or wrapped coins and is able to increase the amount of money dispensed per one operation by increasing the number of bundled bills contained in the elevator with the bundled bills arranged in well-ordered condition in the container and also to further increase the bills containing capacity by further effectively utilizing the space within the machine body with the elevator kept to minimized dimension as compared with bundled bills taking out mechanism of prior art.
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