An automatic money receiving and disbursing machine has two dealing openings through one of which the notes are received in the machine or disbursed from the machine. A discriminating section is provided for discriminating the received notes or the disbursed notes. Discrimination made through the discriminating section is made in a high grade or in a low grade. Two accumulating sections are provided between two dealing openings on a delivery section. These accumulating sections are used to temporarily store the notes. A receiving and disbursing box is provided for receipt of a specific kind of note. A disbursing box and a reject box are also provided.
