Abstract: An apparatus for handling bills which includes a plurality of bill boxes each of which contains different denominations of bills, a circuit for withdrawing bills one by one from each bill box and a bill pool for temporarily storing the bills fed from the bill boxes. A circuit for discharging the bills stored in the bill pool through a discharge portion, is provided. A circuit for reading a memory medium introduced into the apparatus by a user, a circuit for inputting a desired amount to be withdrawn, a circuit for rejecting discharge of the bills placed in the bill pool and guiding them to a rejected bill receiving portion within the apparatus and, a circuit for issuing a receipt, are also provided. The bill boxes are disposed vertically one above the other, and a common conveyor route is provided for conveying bills from each bill box to the bill pool. The end portion of the uppermost bill box is used as a rejected bill receiving portion.