The banknote bundling machine was developed in response to the lack of currency adjustment, security protection, and fault detection functions of the existing banknote bundling machine, which brought inconvenience to users. It is mainly composed of paper money steering manipulator, currency value adjusting device, mechanical pressing device, sticking and cutting device, cross sticking device, tape transport device, automatic tape take-up mechanism, safety protection, fault alarm device and dust removal device. It can quickly complete the functions of compacting, bundling, turning, sticking and cutting large banknotes. The utility model can be widely used for bundling large amounts of banknotes in the financial and securities industries.