CLS Bank sets new volume record
NEWS
On January 17, the bank settled 502,384 payment instructions with a gross value of $3.9 trillion. The new record, following the Martin Luther King US public holiday, was the first time that the volume of payment instructions settled exceeded 500,000 in a single day. Typically, CLS Bank settles an average of almost 220,000 payment instructions a day with a gross value in excess of $2.6 trillion.
Rob Close, chief executive of CLS Group and president and chief executive of CLS Bank, said this latest
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