PLN 340 billion cleared through Elixir in September

Krajowa Izba Rozliczeniowa (KIR), the national clearance chamber for transactions has recorded 136 million transactions worth PLN 340 billion in the month of September. This is an increase of 10.9 million transactions and PLN 22.6 billion year-on-year. ExpressElixir transactions surpassed the PLN 1 billion mark for the first time (in Q3 2014). The monthly express transaction volume nearly tripled compared to a year ago. EuroElixir transactions also noted an increase, numbering 1.4 million transactions worth more than €7.6 billion. In the year prior, the number of transactions was 1.1 million worth €6.3 billion. KIR explained that year-to-date the amount of all Elixir transactions in Poland reached 1.2 billion and were valued at nearly PLN 3 trillion. Krajowa Izba Rozliczeniowa S.A. was established in 1992 on the initiative of Związek Banków Polskich (The Polish Bank Association), 16 biggest banks and Narodowy Bank Polski (National Bank of Poland). The organization provides clearing services for electronic transactions within Poland.