A banknote handling apparatus includes an inlet through which banknotes are taken in, a first transport unit and a second transport unit configured to transport each of the banknotes taken in through the inlet, a bundling stacker configured to stack any banknote to be bundled, a bundling unit configured to bundle the stacked banknotes, a dispense port through which the bundled banknotes are dispensed, and a housing. The inlet is arranged in a lower half portion of the housing, and the dispense port is arranged in an upper half portion of the housing.