Corporate Share Draft Processing - Quality with Exceptional Value
Alloya's Corporate Share Draft (CSD) processing service offers a cost-effective alternative to third-party providers of official check and money order programs.
Consider the following key benefits of using Alloya:
|Exceptional Value. The program has low per-item fees and no maintenance charges. Balances on unpaid drafts earn interest at your Hi-Yield account rate until the drafts are paid.|
|Easy to Use. Daily activity automatically settles through your Hi-Yield account. Multiple draft accounts are available for individual branches and/or departments with separate reporting available. Stop payment orders are accepted through EDGE On-line or by telephone. There are no daily issuance reporting or mandatory settlement routines.|
|On-line Reporting. EDGE On-line provides on-line access to various reports and query options that aid in managing your CSD activity. View your daily account activity on-line. To simplify research and help prevent fraud, images of paid items are accessible through EDGE On-line for seven years.|
|Auto Reconciliation. Reduce your time spent balancing and reconciling your corporate draft account by uploading your issuance activity into EDGE On-line where it is automatically compared to the items processed by Alloya. Auto Reconciliation creates various reports that allow you to quickly identify and resolve exception items.|
For more information, please contact your Senior Business Consultant at (888) 236-2677 or firstname.lastname@example.org.