A banknote stacking apparatus includes a banknote stacking plate 1 on which banknotes are to be stacked, a first banknote press plate 11 fixed to a support shaft 10 so as to be swingably together with the support shaft 10, a second banknote press plate 15 which is formed of a synthetic resin sheet having flexibility, whose upstream end portion is fixed to the banknote stacking apparatus and whose downstream end portion is fixed to the first banknote press plate 11 and a solenoid 27 for driving the first banknote press plate 11 and the banknote stacking apparatus is constituted so that when a banknote is fed into the banknote stacking apparatus and the first banknote press plate 11 is driven by the solenoid 27, the first banknote press plate 11 is swung and presses a portion of a banknote close to the front end portion thereof and the second banknote press plate 15 is swung together with the first banknote press plate 11 and deformed so as to form a convex portion 15c projecting toward the banknote, whereby a portion of the banknote close to the rear end portion thereof is pressed by the convex portion 15c of the second banknote press plate 15.
According to the thus constituted banknote stacking apparatus, a banknote can be stacked on the banknote stacking plate 1 in the desired manner using a single drive means.