Abstract: A device for reducing paper, in particular valuable papers, such as bank notes, said device being provided with a reducing device as well as with a conveyor belt for supplying the paper to the reducing device, whereby the at least substantially horizontally extending conveyor belt is supported by a cabinet-like frame, which accommodates the reducing device, which is at least largely positioned under said conveyor belt. The discharge end of the conveyor belt is positioned above an opening provided in an upper wall of the cabinet-like frame, under which said reducing device is positioned.