Creates a slim book-like binding for letter-size sheets great for filing, stacking and mailing. Place binding strips on document, snap closed with VeloBindï¿½ tool and your document is bound. Ideal for occasional use and moderate volume needs. Punches with the touch of a button. Paper alignment guide. Extra-large paper entry for oversized paper. Four-hole format. Binding Spine Type: Strip; Binding Sheet Capacity: 200; Punching Sheet Capacity: 24; Maximum Binding Edge: 11 in.