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. Belt and frames drivers are operated by microcontroller. Proposed apparatus is characterized by a simple and therefore economical compact flat construction, multi-purposing using, low energy consumption and high rapidity of action.

Description:
FIELD OF THE INVENTION 
     The invention relates to compact apparatus for accumulating and dispensing of 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. 
     BACKGROUND OF THE INVENTION 
     Bank notes handling devices are well known and ubiquitous in everyday life. These devices are most often seen in automatic teller machines that can take in paper banknotes and return change, vending and gaming machines that take paper banknotes of various denominations, kinds and sizes. These devices are not only capable of accepting bank notes but also currency keeping, returning or payout (dispensing) of sum required. 
     Most of handy bank notes dispensing devices comprising primary internal accumulation of note bundle (a little stack of notes) with subsequent its conveyance to customer. So the note stacking mechanism is a common device for note dispensing and note storage apparatus. 
     Various devices are known for forming stacks of notes. For a long time it is known (U.S. Pat. Nos. 4,052,053; 4,420,153; 4,660,822; 4,728,096; 4,877,230; 4,936,564; 5,163,672; 5,267,826; 5,597,996; 5,975,273; 6,123,327; 6,196,464; 6,276,678; 6,422,458; 6,540,090; 6,824,046) and is widely used in note processing and calculating machines fast-acting rotary stacker. It comprises revolving stacker drum or wheel which has around its cylindrical surface several blades secured at their inner root parts to the drum and extending tangentially in the direction opposite to the drum rotational direction to their outer ends. Notes fed to and entering respective spaces between the blades to be accumulated into a neat stack. Variety of such devices is cash dispensing apparatus (U.S. Pat. No. 6,966,485) with single-gap stacker drum. A cash dispensing unit commonly includes several cooperating endless groups of belts for feeding a stack of bank notes to an exit location. Sometimes a cash dispensing unit is a simple open-sided or open-top cash container. However this drum is large (its diameter is approximate note width) and stacks good-quality notes along their transverse direction. Therefore it is impossible to use such device to stack notes (especially “street bills”) along their longitudinal direction into compact box accumulating and dispensing devices. 
     The most commonly used stacking box devices (U.S. Pat. Nos. 4,512,263; 4,540,081; 4,678,072; 4,809,966; 4,834,230; 4,858,744; 4,880,096; 5,195,739; 5,209,395; 5,254,841; 5,286,017; 5,322,275; 5,372,361; 5,388,817; 5,419,423; 5,421,443; 5,641,157; 5,662,202; 5,836,435; 6,244,589; 6,585,260; 6,712,352; 6,827,347) are based on transposition method and comprise various pusher plate, pistol, arms, rollers and so on with which a note may be pushed from the plane along which the note is transported to the stacking mechanism (transport plane), into a cashbox situated adjacent to the banknote plane. The pusher transposes the note into the cashbox against the action of a restoring spring and convex notes stack surface. The notes are retained in a stack in the cashbox, when the pusher is withdrawn, by flanges which abut the sides of the uppermost surface of the banknote stack. 
     Although this type of arrangement provides an efficient method of stacking notes, the required depth of stroke of the pusher is linked to the note width and size of the aperture through which the banknote is pushed. Thus, a short depth of stroke is only possible if the aperture is slightly smaller than note width. The cashbox aperture must be substantially smaller than narrowest note this courses the increasing of pusher depth of stroke. An increased depth of stroke results in an increased cashbox depth for any given size of notes stack and an increased power consumption because of raising of performed work P=F×s (F—averaged force, s—pusher travel). Such devices are relatively slow because of retarded forward trace under which pusher bends the note and shifts the big mass of stacked notes. In order that the flanges should retain the stack of notes, it may be important that the notes are presented for stacking in a predetermined orientation and position. As cashboxes used with such devices often incorporate a restoring spring mounted under notes stack against which a pusher must work, a further problem may arise in such devices. Namely, despite successfully pushing the note into the cashbox, the note may not completely flatten against the stack and may become crumpled causing an interference with next inserted note. 
     In order to decrease stroke depth and displacement of notes stack certain devices apply a movable flanges in combination with a movable pusher which each move toward the other for pushing of a note received in the guide and adding this note to a stack (U.S. Pat. No. 6,241,240) or a stationary central support (punch) and movable flanges having slots therein adapted for receiving the note inserted thereto (U.S. Pat. No. 6,698,751). The outer support surface is provided with a durable frictional material along lateral edges thereof to prevent the note from sliding or otherwise moving upon the said surface under note banding. Said devices causes strong note banding during stacking process, are relatively slow in operation and have complicated shock unstable constriction. Additionally, it is complicated to thrust “street bill” into narrow long lateral channels in the movable flanges. 
     U.S. Pat. No. 5,624,017 discloses a compact low power cassette stacker with moveable stacker bars to stacking of bills rather than fixed flanges and a pusher plate thereby achieving an appreciable saving of space and permitting greater stacking capacity for notes. However this device is complicated and can&#39;t stacks notes with various width. Additionally, convex surface of notes received in a stacker projects into a bank-note transfer passage interfering with the next processing bill. 
     U.S. Pat. No. 5,564,691 describes stacking device comprising in a main validator body a pair of bill guide drums rotatably provided along both sides of a down-stream portion of the bill transport passage, each bill guide drum has groove along the axial direction thereof for inserting thereinto side edges of the inserted bill transported though the bill transport passage so that rotation of the pair of bill guide drums in opposite directions moves the inserted bill toward the removable cashbox. Each bill guide drum further has respective inner notches to engage a bill pushing plate provided in a space between the pair of said drums to push the inserted bill toward the received note stack during one drums turn. This device has complicated drums with variable cross-section along note length and belt transport system and can&#39;t stocks notes with various width and position across passageway. As stated above, convex surface of notes received in a stacker projects into a bank-note transfer passage interfering with the next processing bill. Additionally, it is hard to separate and to lock the removable cashbox from main validator body. A lot of devices operated similarly above mentioned are described in U.S. Pat. Nos. 5,639,081; 5,887,695; 6,217,021; 6,394,444; 6,543,763; 6,609,661; 6,641,047; 6,708,889. This devices try to avoid said disadvantages by incorporation various pressing levers, arms, rollers, shutters etc. In spite of significant device complication it is impossible as before to stock notes with various width and position across passageway. Furthermore the pressing stage decelerates the device operation and increases power consumption. 
     U.S. Pat. No. 6,607,189 describes stacking device wherein reception, storage and extraction of the documents are controlled by coordinated motions between a drive roller, a diverter, and special flaps. Said device is complicated, requires a bending of document stack and specified note surface frictional force. It is impossible to use said device for stacking “street bills’ and notes with various length into compact box accumulating and dispensing devices. 
     Some dispensing devices (U.S. Pat. Nos. 6,032,948; 6,196,457; 6,241,150; 5,247,693; 6,484,938) employing high speed note bundle formation in free space chamber using note motion inertia, additional raping wheels or belts. Said devices commonly includes cooperating endless groups of belts for feeding a stack of bank notes to an exit location. Dispensers of this type are relatively large and can&#39;t operates with “street bill” because of its jamming and banding. 
     It is known (U.S. Pat. Nos. 4,337,864; 4,822,018; 5,735,516) notes bundle accumulating and dispensing devices of rotary or drum type. The notes bundle is accumulated and stored between outer cylindrical surface of rotating drum and driving belts system. The drum is rotated from certain initial position in one direction for storing notes as a bundle, and in a reverse direction of discharging the bundle. A special guide is biased towards the drum to lift sheets off the drum when the drum is rotated in the reverse direction. Said device is characterized by increased energy consumption at the start-stop operational mode, needs the exact speed and phase matching of inserted and accumulated notes, and is relatively slow and heavy. 
     With the foregoing in view, it is a primary object of the present invention to provide an energy efficient simple compact device for accumulating and dispensing bank notes of various condition, length, width and position in the passageway. 
     It is a general object of the present invention to decrease power consumption of stacking mechanism. 
     It is another object of the present invention to enhance durability of note handling units. 
     It is still another object of the present invention to minimize note banding during stacking process. 
     It is a yet another object of the present invention to provide a note stacking device which can prevent a note stored in the stacker from sticking out into the note intake passageway and interfering in the processing of the note to be transported next as much as possible. 
     It is a further object of the present invention to minimize note sticking to stacking mechanism. 
     The above and other objects and advantages of this invention will become more readily apparent when the following description is read in conjunction with the accompanying drawings. 
     SUMMARY OF THE INVENTION 
     The invention is based on the idea of inserting note of various lengths, widths and passageway positions into opened spring claw attached to driving belts with simultaneous fast start of belt drive means and gripping of note leading edge by said spring claw. Then gripped note is pulled into temporarily intake due to conveyance of said belts. Said temporarily intake under note inserting and conveyance is formed between driving belts on corresponding pulleys and flat longitudinal revolving panels on side segments of swivel frames. Said panels press the existing notes bundle to spring loaded pallet and so prevent said bundle from sticking out into the note intake passageway and interfering with the currently transported note. Finite phase of insertion procedure is note releasing from spring claw at the end of said intake with note simultaneous breaking by said claw and note stoppage on stop plate. Next stage of note handling is the fast transfer of inserted stopped note to existing bundle by fast pivoting motion on the opposite directions of swivel frames with simultaneous rotation of longitudinal revolving panels under the action of smoothly banded transferred note. The finite phase of note transfer is pressure of note bundle to spring loaded roll pallet by backward pivoting motion of said swivel frames with corresponding simultaneous rotation of longitudinal revolving panels. With this operation completed the temporarily note intake is formed again and device is ready to the next note insertion. Low inertia of belt drive means provides fast driving motor speeding-up and reliable capture of inserted note leading edge. Firm grip of said note end takes away the note frictional sliding across driving belts thus decreases influence of note condition and enhances durability of belt driver. Smooth banding of transferred note longitudinal sides and note bundle shifting motion about 5-6 mm results in low mechanical power dissipation during stacking phase. Slack pressure of banded note to longitudinal revolving panels and their fast relative motion under transferring phase minimizes note sticking to said panels. Pivoting motion on the opposite directions of swivel frames instead of traditional liner pusher shift allows decreasing stacker thickness about √{square root over (2)} times. 
     Issue of ready note bundle from dispenser is performed by cooperative motion of driving belt coupled with spring loaded roll pallet towards the dispenser outlet gate. Said coupling is performed by roll pallet salient tail arrester meshing with claw on inlet pulley under one-way fast pivoting motion on the opposite directions of swivel frames. After note bundle withdrawal said spring loaded roll pallet at said coupled state returned to initial position due to reversing motion of said driving belt. 
     Also provided, in accordance with preferred embodiment of present invention, is a method for note stacking including note insertion into note entering slit, fast start of belt drive means with simultaneous gripping of note leading edge by spring claw, note drawing into note temporarily intake, note releasing from spring claw at the end of said intake with note simultaneous breaking by said claw and note stoppage on stop plate, fast note transfer to existing notes bundle by fast pivoting motion on the opposite directions of swivel frames with simultaneous rotation of longitudinal revolving panels, pressing of note bundle to spring loaded roll pallet by reversible pivoting motion of swivel frames with corresponding simultaneous rotation of longitudinal revolving panels. 
     In dispenser embodiment method further comprises note bundle and spring loaded roll pallet pressure to belt drive means under one-way fast pivoting motion on the opposite directions of swivel frames with longitudinal revolving panels, fast start of belt drive means with simultaneous coupling of salient tail arrester of spring loaded roll pallet with belt claw, opening dispenser outlet gate, moving out of note bundle clumped between spring loaded roll pallet and belt drive means, backward moving of swivel frames with longitudinal revolving panels for pressure to spring loaded roll pallet and holding in dispenser the notes bundle rear part, return of belt drive means with spring loaded roll pallet to initial position after notes bundle withdrawal from dispenser. 
     In note accumulator embodiment method comprises note insertion into note entering slit, fast start of belt drive means with simultaneous gripping of note leading edge by spring claw, note drawing into note temporarily intake, note releasing from spring claw at the end of said intake with note simultaneous breaking by said claw and note stoppage on stop plate, fast note transfer to existing notes bundle by fast pivoting motion on the opposite directions of swivel frames with simultaneous rotation of longitudinal revolving panels, pressing of note bundle to spring loaded roll pallet by reversible pivoting motion of swivel frames with corresponding simultaneous rotation of longitudinal revolving panels, one-way fast pivoting motion on the opposite directions of swivel frames with longitudinal revolving panels for note stack pressure to belt drive means by spring loaded pallet. At that note storage in keeping position is performed without loading of movable stacking mechanism up to next note insertion to validator or notes withdrawing from cashbox. 
     Further provided is a method for note redirection comprises note insertion into note entering slit and note conveying to dispatcher or next accumulating device throw note directional switch wherein the commutation of said switch is performed by spring claw on belt drive means under its appropriate position at the driving pulley. Under subsequent note drawing edgewise to the temporarily intake chamber. 
     Still further provided is a method for driving means braking and exact positioning including note braking at the end of note intake by slow brake mode with recuperation of mechanical energy and stoppage of spring claw at the driving pulley by exact positioning mode. 
     Several embodiments of the present invention will now be described by way of example with reference to the accompanying drawings. 
    
    
     
       BRIEF DESCRIPTION OF THE DRAWINGS 
       Preferred embodiments of the invention are shown in the drawings, wherein: 
         FIG. 1  is a schematic side view of a note handling apparatus for evaluating, storing and dispensing bank notes in accordance with the preferred embodiment of the present invention; 
         FIG. 2  is an enlarged schematic cross-sectional side view of note directional switch region A specified on  FIG. 1  by dotted line; 
         FIG. 3  is a schematic plan view of the note transfer and stacking mechanism in accordance with the preferred embodiment of the present invention; 
         FIGS. 4 through 7  are simplified cross-sectional views of the moving and constructive parts for explaining the operation of the proposed note stacking mechanism; 
         FIG. 8  is schematic end view of swivel frames driver for case of transmission with two contrarotating gear cranks; 
         FIGS. 9 through 12  are simplified longitudinal section views of the moving and constructive parts for explaining the operation of the note pulling and dispensing mechanism in accordance with the preferred embodiment of the present invention; 
         FIG. 13  shows a typical kinetics of apparatus power consumption under note stacking procedure; 
         FIG. 14  shows a typical kinetics of apparatus power consumption under note bundle dispensing procedure. 
     
    
    
     DETAILED DESCRIPTION OF THE PREFERRED EMBODIMENTS 
     The note handling apparatus shown on  FIG. 1  has a validator  1  for receiving of bank notes through the slot  101  and for processing the said notes along a pathway indicated as  102 . If the banknote is acceptable, it leaves the validator  1  and is fed into the intermediate pathway  209 . This intermediate pathway  209  with a vertical pathway  601  transports a received bank note to the rotary note dispatcher  5 . Said rotary note dispatcher  5  has five different pathways  501 - 505  for transferring of a bank note to necessary temporarily notes accumulator  3   a - 3   d  or notes storage stacker  4 . The note from each accumulator  3   a - 3   d  is transferred to the note dispenser  2  by means of said pathway  601  under appropriated position of rotary note dispatcher  5 . The rotary note dispatcher  5  also performs a transportation function for moving bank notes between the accumulator devices  3   a - 3   d.    
     The bank note removable storage stacker  4  is designed to receive bank notes which have been previously accumulated and forwarded to the stacker from one of the accumulators  3  along path  602 . Thus, the drive paths  209 ,  501 - 505 ,  601 ,  602  are by-directional. A received just now bank note can also be directly processed to the removable banknote storage stacker  4 . In this case the banknote is not returnable to the pathway and is removed from the apparatus when the storage stacker is removed. 
     The note dispenser  2  in accordance with the preferred embodiment of the present invention comprises plastic case  201  with outlet port  212  locked by gate member  202 , note stacking means  204 , note transfer means  205 , note directional switch  206 , input sensor  206 , stop sensor  207  and note withdraw sensor  211 . Said gate valve  212  is in cooperative coupling with spring loaded roll pallet  203  in order to open said gate under note bundle  210  moving out. Structure of note stacking means  204 , note transfer means  205  and note directional switch  206  will be described in details below. 
     The removable note storage stacker  4  comprises lockable metal-plastic case  401  with door  407  and lock  408 , note stacking means  402 , note pallet  403  with restoring springs  404 , note transfer means  411  with two spring claw  405   a  and  405   b  at the opposite sides of driving belt, input sensor  406  and stop sensor  409 . Construction and operation of note transfer and note stacking means at note dispenser  2  and note stacker  4  is a similar. The said storage stacker  4  is removable from the apparatus and a replaceable bank note stacker is easily inserted or said stacker can be emptied and reinstalled. 
     The temporarily bank note accumulators  3   a - 3   d  are of an identical design and are replaceable, one with the other. Said accumulators form an opposed pair appropriately positioned on opposite sides of the pathway  601  and pathway  602 . Banknotes forwarded from the validator  1  move downwardly through passageways  209 ,  601  and the validator  1  provides information with respect to the denomination of the particular bank note received and accepted. Bank note accumulator  3   a  may accumulate $5.00 bank notes, accumulator  3   b  may accumulate $1.00 bank notes, accumulator  3   c  may accumulate $10.00 bank notes and accumulator  3   d  may accumulate $20.00 bank notes as one example. The apparatus can be programmed to change the denomination of the bank notes stored. In the case of gaming machines it may be desirable for one accumulator to store large denomination bills which can be dispensed if there is a large payout. It is also possible to use one of the bank note accumulators, such as accumulator  3   a  as an escrow accumulator. For example, a user might enter several bank notes into the validator for a particular transaction and these bank notes are fed from the validator to the escrow accumulator  3   a . The apparatus keeps track of the number of bank notes fed to the accumulator and the value thereof. If the transaction is terminated, either due to insufficient funds or based on instructions from the user, the same bank notes received from the user and stored in the escrow accumulator  3   a  are sequentially returned to path  601  and transported upward to the dispenser  2  throw diverted note directional switch  209 . The dispenser  2  receives the bank notes from the escrow accumulator, stacks them one atop of the other and dispenses the note bundle through port  212 . In this way, the identical bank notes are returned to the user. 
     Bank note directional switch (dotted insert A on  FIG. 1 ) is shown in details on  FIG. 2 . At the bank note redirection position directional switch  206   a  (solid line) forms a transient passageway  209  (solid line I) for note pass-through to the note passageway  601 . Said position is organizes due to pulling spring  242  under the absence of spring claw  212  at the driving pulley of belt driving means  209 . At the note gripping position under pressure of spring claw  212  (as shown on  FIG. 2 ) directional switch stands at the position  206   b  (dotted line) so forms the bank note entering channel (dotted line II). Under subsequent note drawing edgewise from said entering channel to the temporarily intake chamber  243  the gripping position  206   b  is maintained due to note presence in the said entering channel II. So the note transfer from note dispatcher into temporarily intake chamber and note pass-through is performed transversely. 
     Schematic plan view of the note transfer and stacking mechanism of dispensing unit  2  in accordance with the preferred embodiment of the present invention is shown on  FIG. 3 . It comprises case  201 , two toothed belts  205   a  and  205   b , two driving pulleys  241   a  and  241   b  on the axis  218   c , end pulleys  217   a  and  217   b  on the axis  218   a , intermediate pulleys  240   a  and  240   b  on the axis  218   b , two spring claw  216  and  228  at the opposite ends of driving belts  205   a ,  205   b  for gripping of note leading edge, two pressure rollers  229 , two            shaped frames  213   a  and  213   b  with longitudinal revolving panels  204   a  and  204   b  on corresponding side segments of said frames, two flat return springs  215   a  and  215   b , gear transmission  234 - 236  with DC reversible motor  233  for belt driving, crank-and-rod mechanism  221 ,  222 ,  226   a ,  226   b ,  227   a ,  227   b  for clockwise and anticlockwise rotation of swivel frames  213 . The sector disk  224  for frames position sensing is also joined to driving gear  222 . Hazy zone B indicates the bank notes pass-through area across dispensing unit  2 . Each frame  213  has note stop wall  230 .
       FIGS. 4 through 7  are simplified cross-sectional views of the moving and constructive parts for explaining the operation of the note stacking mechanism with swivel frames and revolving longitudinal panels.  FIG. 4  shows note  214  drawing into note temporarily intake formed between belt drive means  205   a,b  and longitudinal revolving panels  204   a,b  on side segment of swivel frames  213   a,b . The drawing note  214  is griped between flat clutch  216   a  and driving belts  205   a,b . Fixing part  216   c  fasten spring claw to toothed driving belts. Spacer  216   b  forms the wide nip during note insertion into spring claw in order to improve gripping of crumpled note. The longitudinal revolving panels  204   a,b  presses the existing note bundle  210  to spring loaded pallet  210  and squeezes the flat restoring spring  219 . The note  214  is pulled up to the end of temporarily intake in gripping state by means of corresponding conveyance of driving belts. 
       FIG. 5  shows the first phase of the note  214  transference to existing note bundle  210 . Before said phase driving belts  205   a,b  and note  214  are stopped. Due to clockwise and anticlockwise rotation of frames  213   b  and  213   a  note bundle  210  and inserted note  214  are pressed to belts  205   a,b  and corresponding pulleys  217   a,b ,  240   a,b ,  241   a,b  by spring loaded pallet  203 . Simultaneously longitudinal panels  204   a,b  under pressing of smoothly banded note  214  revolves at the opposite directions as shown on  FIG. 5  with respective arrows. 
       FIG. 6  shows the next phase of the note  214  transference to existing note bundle  210 —longitudinal edges of note  214  slip from revolving panels  204   a,b  and under spring power of banded note sheet and compressed air cushion move towards existing bundle  210 . The influence of compressed air cushion is effective only under fast note transference (note transfer time about 50÷150 msec). Swivel frames  213   a,b  and revolving panels  204   a,b  at the end of this phase are approximately perpendicular to note bundle plan so note bundle in dispenser or note stack in storage cashbox is pressed to belt drive means and stationary parts of case  201  by spring loaded pallet. Note storage in said keeping position is realized without loading of movable stacking mechanism up to next note insertion to validator or notes withdrawing from cashbox. The flat return springs  215   a  and  215   b  in this phase are strained and pressed to side walls of case  201  by the far ends of revolving panels  204   a,b.    
       FIG. 7  shows the final phase of the note  214  transference to existing note bundle  210 —pressing of last inserting note  214  to bundle  210  by longitudinal revolving panels  204   a,b  under return motion of swivel frames  213   a,b . At the initial stage of this phase said panels  204   a,b  quickly revolve around their longitudinal central axes O 1  (shown by arrows) under force from strained springs  215   a,b . Said revolving ensures the effective transference of strongly crumpled note to existing note bundle. The final result of said phase is pressing of obtained note bundle  210  with spring loaded pallet  210  to the case  201  as shown in  FIG. 4 . Thereafter the described mechanism is ready to next note insertion. 
     The schematic end view of swivel frames driver for case of transmission with two contrarotating gear cranks  221 ,  222  is shown on  FIG. 8 . Gear crank  222  is rotated in one direction by DC driver  223 . Said crank has sector disk  224  for operation of position sensor  225 . The rods  226   a  and  226   b  are joined to corresponding lever arms  227   a  and  227   b  by axes O 3  and to contrarotating gear cranks  221 ,  222  by pivot O 4 . Lever arms  227   a,b  are fixedly connected to the end segments of swivel frames  213   a,b  as shown in  FIG. 3 . 
       FIGS. 9 through 12  are simplified longitudinal section views of the moving and constructive parts for explaining the operation of the note pulling and dispensing mechanism in accordance with the preferred embodiment of the present invention.  FIG. 9  represents mechanism position under note  214  insertion into open spring claw  216 . The result of note  214  insertion into said spring claw (shown on  FIG. 1  sensor  208  is actuated) is fast start of belt drive means with simultaneous gripping of note leading edge by said claw. Then gripped note is pulled into temporarily intake shown on  9  by dotted line  231 . Said note temporarily intake is formed between belt drive means and longitudinal revolving panels  204 . The existing note bundle  210  and spring loaded pallet  203  at that is pressed to case  201  by panels  204  on corresponding swivel frames. When gripped note leading edge reached end pulley  217   a  the spring claw  216  opens, realizes and brakes said note. Note  214  knocks at stop wall  230  and halts. Than note  214  is transferred to existing bundle  210  with noted above procedure. 
       FIG. 10  shows the initial phase of the note bundle  210  dispensing. At that the swivel frames with revolving panels are in deflected position shown on  FIG. 6 . The note bundle  210  at that is pressed to belt driving means by spring loaded pallet  203 . The initial longitudinal position of pallet  203  is fixed by stop member  239  and start-point support  238 . The pallet salient tail arrester  232  is situated side by side with spring claw  228  and cooperates with said claw under note bundle dispensing action. Start-point support  238  stabilizes the initial longitudinal position of pallet  203  under outer mechanical shocks and swivel frames movement. 
       FIG. 11  shows next dispensing phase—pushing out the note bundle  210  clumped between driving belts  205  and spring loaded pallet  203 . The spring claw  228  abuts on the pallet salient tail arrester  232  and under belt displacement in the line of arrow pushes out the said pallet together with note bundle on the distance L up to the stop of rollers  220  by travel limiter  237 . 
       FIG. 12  shows the final dispensing phase—manual withdraw of note bundle  210 . At first swivel frames with panels  204  quickly (about 50÷80 msec) presses note bundle  210  with pallet  203  to case  201  for stable keeping of said pushed out note bundle  210 . Then note bundle  210  may be manually withdrawn from dispenser by customer at any moment. After said withdrawn (indicated by sensor  211  shown on  FIG. 1 ) dispensing mechanism returns to initial position by backward motion of driving belts  205   a,b.    
       FIG. 13  shows a typical kinetics of apparatus power consumption under note stacking procedure. Curve T describes the current consumption of driving belts motor, curve S—of swivel frames driving motors. Curves  1 B corresponds for single bank note insertion,  2 B—for double overlapped insertion. Doubled overlapped insertion results in only 10% energy consumption increasing. Arrows I and II indicate the start moments of belts and frames driving motors correspondingly. 
       FIG. 14  shows a typical kinetics of apparatus power consumption under note bundle dispensing procedure. Curve T describes the current consumption of driving belts motor, curve S—of swivel frames driving motors. Curves  1 B corresponds for single bank note dispensing,  20 B—for dispensing of 20 notes bundle. Dispensing of 20 notes bundle results in only 7% energy consumption increasing. Energy consumption of frames driving motor is independent of note number in the bundle because of swivel frames and longitudinal panels moving in the free space. Arrows I and II indicate the start moments of belts and frames driving motors correspondingly. 
     The present invention is described herein in the contexts of a fast effective bank note dispenser and accumulator as for a currency handling device or automatic cash machine, in a bank, postal facility, supermarket, casino or transportation facility. However, it is appreciated that the embodiments shown and described herein may also be useful for dispensing and accumulating other objects, particularly flat, such as sheets of paper, bills, films, plates and cards. The dispensing and accumulating device may be stationary or portable, battery powered or powered by connection to an electric outlet. 
     It is appreciated that various features of the invention, which are, for brevity, described in detail for dispenser embodiment, may also be provided separately or in any suitable combination. 
     It will be appreciated by persons skilled in the art that the present invention is not limited to what has been particularly shown and described above. Rather, the scope of the present invention is defined only by the mentioned claims. 
     Although various preferred embodiments of the present invention have been described herein in detail, it will be appreciated by those skilled in the art, that variations may be made thereto without departing from the scope of the appended claims.