A dispensing apparatus for dispensing coin bags, the dispensing apparatus comprising: a dispense aperture through which coin bags are dispensed; a cutting device for cutting of a coin bag from a chain (211, 902) of a plurality of interconnected coin bags (212a - 212n) a bag storage compartment adapted for receiving a first and a second container, each containing a chain (211, 902) of a plurality of interconnected coin bags (212a - 212n, 712a - 712n), the bag storage compartment having a first storage position and a second storage position, the bag storage compartment further comprising a first conveyor belt for transporting a container in the second storage position to the first storage position, a bag transporting device adapted for guiding the chain (211, 902) of a plurality of interconnected coin bags (212a - 212n) to said cutting device followed by said dispense aperture, a transition area located at the interface between the bag storage compartment and the bag transporting device, an output compartment for receiving and putting out empty containers (200, 700, 900), wherein the dispensing apparatus further comprises a container removing device comprising two container supporting structures and two structures for moving the container supporting structures from and to the first storage position, wherein the container removing device is adapted for holding the first container at the first storage position, wherein the container removing device is further adapted for transferring the first container at the first storage position to the output compartment when all interconnected coin bags (212a - 212n) of the chain originally enclosed therein have been transported out therefrom, and wherein the first conveyor belt is adapted for transporting the second container from the second storage position to the first storage position subsequent to the removal of the first container by the container removing device. a dispense aperture through which coin bags are dispensed; a cutting device for cutting of a coin bag from a chain (211, 902) of a plurality of interconnected coin bags (212a - 212n) a bag storage compartment adapted for receiving a first and a second container, each containing a chain (211, 902) of a plurality of interconnected coin bags (212a - 212n, 712a - 712n), the bag storage compartment having a first storage position and a second storage position, the bag storage compartment further comprising a first conveyor belt for transporting a container in the second storage position to the first storage position, the bag storage compartment having a first storage position and a second storage position, the bag storage compartment further comprising a first conveyor belt for transporting a container in the second storage position to the first storage position, a bag transporting device adapted for guiding the chain (211, 902) of a plurality of interconnected coin bags (212a - 212n) to said cutting device followed by said dispense aperture, a transition area located at the interface between the bag storage compartment and the bag transporting device, an output compartment for receiving and putting out empty containers (200, 700, 900), wherein the dispensing apparatus further comprises a container removing device comprising two container supporting structures and two structures for moving the container supporting structures from and to the first storage position, wherein the container removing device is adapted for holding the first container at the first storage position, wherein the container removing device is further adapted for transferring the first container at the first storage position to the output compartment when all interconnected coin bags (212a - 212n) of the chain originally enclosed therein have been transported out therefrom, and wherein the first conveyor belt is adapted for transporting the second container from the second storage position to the first storage position subsequent to the removal of the first container by the container removing device.