Corporate Share Draft Processing

Alloya’s Corporate Share Draft Processing service allows your credit union to separate your own credit union disbursements from your member share drafts. Corporate share drafts may be issued from one account or multiple accounts affiliated with your credit union’s settlement activity.

Alloya’s Corporate Share Draft service enables credit unions to:

  • Receive a separate reconciliation file as a download through TranZact or through secure FTP
  • Utilize optional account reconciliation positive pay service to assist with balancing and reconciling your corporate share draft clearings
  • Receive ongoing support from Alloya professionals