PLNe is an internal digital currency issued by BC Payments Sp. z o. o. for the purposes of processing transactions on the egera.com portal. The legal basis for the existence of PLNe are general provisions according to which PLNe is not electronic money. PLNe is only a currency equivalent Polish zloty in a 1:1 ratio, where the coverage is guaranteed by the payment institution BC Payments Sp. z o. o. entered into the register of Small Payment Institutions under the number MIP61/2020. The PLNe currency is a virtual currency without a decentralized network. Its use is reserved exclusively for eger. com, which has a settlement account with BC Payments Sp. z o. o. that is not a payment account.
By making a deposit on egera.com via bank transfer to an account belonging to BC Payments Sp. z o. o., your deposited funds are simultaneously exchanged for PLN with a 1:1 coverage. This means that the value of your PLN wallet is always equal to the equivalent of this amount in Polish Zloty and secured by a public trust institution, which is BC Payments Sp. z o.o.
PLNE withdrawals are possible in the same way. BC Payments Sp. z o. o. guarantees the purchase of PLN at a nominal price of PLN 1.00 (in words: one Polish zloty) per PLN 1. You can make the withdrawal as convenient as you like, by traditional transfer. or Express Elixir instant transfer operated 24/7.
As mentioned above, the issuer of PLNe is BC Payments Sp. z o. o. The company, as a public trust entity, ensures full coverage of issued PLNe in a 1:1 ratio. This means that your funds stored on egera.com are safe, and their Issuer does not have any open position in these funds.
The sum of PLNe units issued by BC Payments Sp. z o. o. varies. It depends on the total amount that was paid by egera.com customers. At the time of deposit, new PLNe units are added, at the time of withdrawal they are automatically burned . This means that the PLN amount is always the same as the amount expressed in PLN on the BC Payments Sp. z o. o. bank account.
Table of Contents
