The ELIXIR® system maintained by KIR S.A. enables the exchange of messages for supporting credit and debit payment instruments and messages which are not subject to clearing and intended for transmitting information, complaint handling and control. Although ELIXIR® is mainly designed for the purpose of clearings made between the members, it also enables to clear messages exchanged between various units of the same member. Moreover, in order to streamline the process of instruction processing, KIR S.A. may also offer its clients a free application called ELIXIR-OK, which, among other things, verifies the correctness of messages and prepares them for dispatch to the central application of the system.
As far as the credit messages are concerned, KIR S.A. offers its members a number of services exceeding the basic set of messages, that is messages adjusted to clear social insurance contributions (ZUS), tax-related payments due to Tax Offices, as well as the MPS and the Simplified Message (Komunikat Uproszczony - KOK) which are dedicated to handle mass payments. Mass payments mean payments made on a regular basis towards large creditors such as telecommunications operators, power supply plants, gas suppliers, housing cooperatives and cable TV operators. MPS and KON messages have been introduced to the KIR’s offer over the last two years. The difference between them and other messages is clearly visible in the structure of the “Remittance Information” field. The MPS messages feature a code word MPS and a standardised sequence of digits, while in the KOK message we get a bar code echo. Such an identifier enables the member to recognise such a specific type of payment and forward it to a specific clearing mode. The applied solutions streamline the process of transmitting information and enable to eliminate a number of errors which make it difficult for the beneficiary to identify payments. Exchanging MPS and KOK messages dedicated to mass payments is based on an interbank agreement and KIR S.A. collects lower fees for clearing such messages. Additionally, in order to streamline servicing the KOK message KIR runs and distributes collective information on the interpretation of bar codes placed by the creditors on the invoices.
For the purpose of servicing debit payment instruments KIR S.A. has developed a set of messages to carry out direct debits and B2B Direct Debits (Gospodarcze Obciążenie Bezpośrednie, GOBI) and offers them to the members of the ELIXIR® system. B2B Direct Debit is a solution adjusted to the needs of commercial settlements between business entities. Its principles of operation are similar to the direct debit, with the exception of a final settlement clause present in the case B2B Direct Debit and no limitation as to the amount of a single debit. Messages offered by KIR S.A. enable both sending a payment instruction and refusing to carry it out. In the future the ELIXIR® system is supposed to support transmitting information about a mandate to carry out direct debit in an electronic format between the debtor’s bank and the creditor’s bank. This will shorten the time necessary to activate a direct debit, reduce the costs incurred by banks and creditors due to processing paper documents and eliminate problems resulting from discrepancies between the signatures placed on the mandate form and the clients’ signature specimen card.
Apart from executing credit and debit payment instructions, ELIXIR® can also be used for exchanging information between members using the so-called information messages for transmitting any text or complaint messages in which members notify errors discovered in previously cleared messages. Currently some works are being carried out on extending the functionalities of complaint messages, especially on integrating handling them with the member’s e-mail system. The new proposals offered by KIR S.A. also include the “third party” service consisting in accepting payment instructions directly from the client, on behalf and upon a mandate given each time by the bank. This service may be used, for example, for accepting payments from payment agencies. It is also possible to implement the “third party services” at the clearing system’s exit.