PLN 334 billion cleared through Elixir in January

Krajowa Izba Rozliczeniowa (KIR), Poland's automated clearing house (ACH), has recorded 131 million transactions, altogether worth 334 PLN billion in January. This is an increase of 2.2 million transactions and PLN 5 billion year-on-year. The value of Express Elixir transactions reached PLN 422 million last month. The monthly express transaction volume stood at more than 107,000. Euro Elixir transactions amounted to 1.4 million, worth more than €7.0 billion. Krajowa Izba Rozliczeniowa was established in 1992 on the initiative of Związek Banków Polskich (The Polish Bank Association), 16 biggest banks and the National Bank of Poland. The organization provides clearing services for electronic transactions within Poland.