diff --git a/src/accountant.rs b/src/accountant.rs
index 01c59f308..8fb576bf8 100644
--- a/src/accountant.rs
+++ b/src/accountant.rs
@@ -18,7 +18,7 @@ use std::result;
 use std::sync::RwLock;
 use transaction::Transaction;
 
-const MAX_ENTRY_IDS: usize = 1024 * 4;
+pub const MAX_ENTRY_IDS: usize = 1024 * 4;
 
 #[derive(Debug, PartialEq, Eq)]
 pub enum AccountingError {
@@ -152,12 +152,17 @@ impl Accountant {
     }
 
     /// Process a batch of verified transactions.
-    pub fn process_verified_transactions(&self, trs: &[Transaction]) -> Vec<Result<()>> {
+    pub fn process_verified_transactions(&self, trs: Vec<Transaction>) -> Vec<Result<Transaction>> {
         // Run all debits first to filter out any transactions that can't be processed
         // in parallel deterministically.
-        trs.par_iter()
-            .map(|tr| self.process_verified_transaction_debits(tr).map(|_| tr))
-            .map(|result| result.map(|tr| self.process_verified_transaction_credits(tr)))
+        trs.into_par_iter()
+            .map(|tr| self.process_verified_transaction_debits(&tr).map(|_| tr))
+            .map(|result| {
+                result.map(|tr| {
+                    self.process_verified_transaction_credits(&tr);
+                    tr
+                })
+            })
             .collect()
     }
 
@@ -448,7 +453,7 @@ mod bench {
             }
 
             assert!(
-                acc.process_verified_transactions(&transactions)
+                acc.process_verified_transactions(transactions.clone())
                     .iter()
                     .all(|x| x.is_ok())
             );
diff --git a/src/accountant_skel.rs b/src/accountant_skel.rs
index 47632cd2e..814736663 100644
--- a/src/accountant_skel.rs
+++ b/src/accountant_skel.rs
@@ -21,7 +21,7 @@ use std::collections::VecDeque;
 use std::io::Write;
 use std::net::{SocketAddr, UdpSocket};
 use std::sync::atomic::{AtomicBool, Ordering};
-use std::sync::mpsc::{channel, Receiver, SendError, Sender};
+use std::sync::mpsc::{channel, Receiver, Sender};
 use std::sync::{Arc, Mutex};
 use std::thread::{spawn, JoinHandle};
 use std::time::Duration;
@@ -82,28 +82,18 @@ impl<W: Write + Send + 'static> AccountantSkel<W> {
     }
 
     /// Process Request items sent by clients.
-    pub fn log_verified_request(&mut self, msg: Request, verify: u8) -> Option<Response> {
+    pub fn process_request(
+        &mut self,
+        msg: Request,
+        rsp_addr: SocketAddr,
+    ) -> Option<(Response, SocketAddr)> {
         match msg {
-            Request::Transaction(_) if verify == 0 => {
-                trace!("Transaction failed sigverify");
-                None
-            }
-            Request::Transaction(tr) => {
-                if let Err(err) = self.acc.process_verified_transaction(&tr) {
-                    trace!("Transaction error: {:?}", err);
-                } else if let Err(SendError(_)) = self.historian
-                    .sender
-                    .send(Signal::Event(Event::Transaction(tr.clone())))
-                {
-                    error!("Channel send error");
-                }
-                None
-            }
             Request::GetBalance { key } => {
                 let val = self.acc.get_balance(&key);
-                Some(Response::Balance { key, val })
+                Some((Response::Balance { key, val }, rsp_addr))
             }
-            Request::GetLastId => Some(Response::LastId { id: self.sync() }),
+            Request::GetLastId => Some((Response::LastId { id: self.sync() }, rsp_addr)),
+            Request::Transaction(_) => unreachable!(),
         }
     }
 
@@ -155,18 +145,46 @@ impl<W: Write + Send + 'static> AccountantSkel<W> {
             .collect()
     }
 
-    fn process_packets(
-        obj: &Arc<Mutex<AccountantSkel<W>>>,
+    /// Split Request list into verified transactions and the rest
+    fn partition_requests(
         req_vers: Vec<(Request, SocketAddr, u8)>,
-    ) -> Vec<(Response, SocketAddr)> {
-        req_vers
-            .into_iter()
-            .filter_map(|(req, rsp_addr, v)| {
-                let mut skel = obj.lock().unwrap();
-                skel.log_verified_request(req, v)
-                    .map(|resp| (resp, rsp_addr))
-            })
-            .collect()
+    ) -> (Vec<Transaction>, Vec<(Request, SocketAddr)>) {
+        let mut trs = vec![];
+        let mut reqs = vec![];
+        for (msg, rsp_addr, verify) in req_vers {
+            match msg {
+                Request::Transaction(tr) => {
+                    if verify != 0 {
+                        trs.push(tr);
+                    }
+                }
+                _ => reqs.push((msg, rsp_addr)),
+            }
+        }
+        (trs, reqs)
+    }
+
+    fn process_packets(
+        &mut self,
+        req_vers: Vec<(Request, SocketAddr, u8)>,
+    ) -> Result<Vec<(Response, SocketAddr)>> {
+        let (trs, reqs) = Self::partition_requests(req_vers);
+
+        // Process the transactions in parallel and then log the successful ones.
+        for result in self.acc.process_verified_transactions(trs) {
+            if let Ok(tr) = result {
+                self.historian
+                    .sender
+                    .send(Signal::Event(Event::Transaction(tr)))?;
+            }
+        }
+
+        // Process the remaining requests serially.
+        let rsps = reqs.into_iter()
+            .filter_map(|(req, rsp_addr)| self.process_request(req, rsp_addr))
+            .collect();
+
+        Ok(rsps)
     }
 
     fn serialize_response(
@@ -213,7 +231,7 @@ impl<W: Write + Send + 'static> AccountantSkel<W> {
                 .filter_map(|(req, ver)| req.map(|(msg, addr)| (msg, addr, ver)))
                 .filter(|x| x.0.verify())
                 .collect();
-            let rsps = Self::process_packets(obj, req_vers);
+            let rsps = obj.lock().unwrap().process_packets(req_vers)?;
             let blobs = Self::serialize_responses(rsps, blob_recycler)?;
             if !blobs.is_empty() {
                 //don't wake up the other side if there is nothing
@@ -286,3 +304,79 @@ mod tests {
         assert_matches!(memfind(&packet, &tx), Some(ecdsa::TX_OFFSET));
     }
 }
+
+#[cfg(all(feature = "unstable", test))]
+mod bench {
+    extern crate test;
+    use self::test::Bencher;
+    use accountant_skel::*;
+    use accountant::{Accountant, MAX_ENTRY_IDS};
+    use signature::{KeyPair, KeyPairUtil};
+    use mint::Mint;
+    use transaction::Transaction;
+    use std::collections::HashSet;
+    use std::io::sink;
+    use std::time::Instant;
+    use bincode::serialize;
+    use hash::hash;
+
+    #[bench]
+    fn process_packets_bench(_bencher: &mut Bencher) {
+        let mint = Mint::new(100_000_000);
+        let acc = Accountant::new(&mint);
+        let rsp_addr: SocketAddr = "0.0.0.0:0".parse().expect("socket address");
+        // Create transactions between unrelated parties.
+        let txs = 100_000;
+        let last_ids: Mutex<HashSet<Hash>> = Mutex::new(HashSet::new());
+        let transactions: Vec<_> = (0..txs)
+            .into_par_iter()
+            .map(|i| {
+                // Seed the 'to' account and a cell for its signature.
+                let dummy_id = i % (MAX_ENTRY_IDS as i32);
+                let last_id = hash(&serialize(&dummy_id).unwrap()); // Semi-unique hash
+                {
+                    let mut last_ids = last_ids.lock().unwrap();
+                    if !last_ids.contains(&last_id) {
+                        last_ids.insert(last_id);
+                        acc.register_entry_id(&last_id);
+                    }
+                }
+
+                // Seed the 'from' account.
+                let rando0 = KeyPair::new();
+                let tr = Transaction::new(&mint.keypair(), rando0.pubkey(), 1_000, last_id);
+                acc.process_verified_transaction(&tr).unwrap();
+
+                let rando1 = KeyPair::new();
+                let tr = Transaction::new(&rando0, rando1.pubkey(), 2, last_id);
+                acc.process_verified_transaction(&tr).unwrap();
+
+                // Finally, return a transaction that's unique
+                Transaction::new(&rando0, rando1.pubkey(), 1, last_id)
+            })
+            .collect();
+
+        let req_vers = transactions
+            .into_iter()
+            .map(|tr| (Request::Transaction(tr), rsp_addr, 1_u8))
+            .collect();
+
+        let historian = Historian::new(&mint.last_id(), None);
+        let mut skel = AccountantSkel::new(acc, mint.last_id(), sink(), historian);
+
+        let now = Instant::now();
+        assert!(skel.process_packets(req_vers).is_ok());
+        let duration = now.elapsed();
+        let sec = duration.as_secs() as f64 + duration.subsec_nanos() as f64 / 1_000_000_000.0;
+        let tps = txs as f64 / sec;
+
+        // Ensure that all transactions were successfully logged.
+        skel.historian.sender.send(Signal::Tick).unwrap();
+        drop(skel.historian.sender);
+        let entries: Vec<Entry> = skel.historian.receiver.iter().collect();
+        assert_eq!(entries.len(), 1);
+        assert_eq!(entries[0].events.len(), txs as usize);
+
+        println!("{} tps", tps);
+    }
+}