CLS Bank new record volume

CLS Bank has announced it has set a new record for the volume of payment instructions (PI) settled in a single day: 705,582 PIs with a gross value of $5.22 trillion. According to CLS this is the first time the volume of PIs settled has exceeded 700,000 in one day, and is 33% higher than the previous record of 529,318 set on 20 December 2006.

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