Abstract: A circulation management system according to the present invention comprises a host computer of a bank, circulation medium issuing means incorporated in automatic teller machines of the bank, and terminals installed in each store, so that a user can purchase commodities or receive services at stores which are tied up with a bank using the circulation medium issued by the bank which has a function equivalent to a predetermined amount of money. The circulation medium issuing means and the terminals are connected to the host computer through lines, and when a circulation medium is issued, the circulation medium issuing means issues the circulation medium for the requested amount with assigning identification codes to the circulation medium within the limit of the balance of deposits of the user. The host computer withdraws an amount equivalent to the issued circulation medium from the account of the user and stores the identification code of the issued circulation medium.