An apparatus for aligning at least one note of value along a transport path including at least one transport element, at least one first drive unit, first and second rotatably mounted deflecting elements, and a second drive unit. The transport element includes an endless drive belt. The first drive unit drives the transport element in a first direction of rotation which moves the note of value along the transport path in a transport direction. The transport element is deflected over the deflecting elements. The second drive unit displaces at least one of the first and second deflecting elements along its axis of rotation so that by displacing the one of the first and second deflecting elements the note of value contacting the at least one transport element is moved obliquely to the transport direction.