Financial services
Fund Transfer Services
VolCorp’s suite of fund transfer services facilitates fast, easy, and effective cash management options to member credit unions nationwide.
Electronic Fund Transfers & International Services
Driven by firsthand experience serving and elevating the credit union industry, VolCorp is prepared to help our members fully modernize their money movement locally and internationally – prioritizing simplicity and security through a robust suite of Electronic Funds Transfer services.
Each solution detailed below incorporates a level of trust and reliability synonymous with the expectations built by VolCorp’s decades of service – emphasizing security, modern technology, and a partnership that keeps your credit union connected.
Domestic Wires
VolCorp’s ezfunds+ platform ensures quick, secure money movement for domestic wires. Quickly send and receive funds with confidence with the help of a partner that understands the critical need for timely and accurate payments; ensuring every transaction is handled with care.
FEATURES & BENEFITS:
- Automated real-time processing
- Settlement via Transaction Account
- Efficient wire creation and wire templates
- U.S. dollar and foreign currency options
- Access to the FedWire system
- Available past wire data
International Services
International Wires
VolCorp can support your global funds transfer needs with a level of efficiency you expect and trust in every transaction; transfer money in a variety of foreign currencies and enjoy transparent access to foreign exchange rates with the peace of mind that comes from our focus on security, reliability, and compliance. Manage international cash flow and deepen your financial footprint around the world through our network of competitive advantages our members enjoy daily.
FEATURES & BENEFITS:
- Automated real-time processing
- Settlement via Transaction Account
- Efficient wire creation and wire templates
- U.S. dollar and foreign currency options
- Integrated OFAC checking
- Competitive exchange rates
Foreign Item Processing
- Accept and deposit foreign drafts, money orders, and other international items for convenient collection and settlement via the Transaction account. Foreign items can be deposited as cash letter items, which offer faster credit with more risk, or as collection items, which offer final payment with less risk but a longer collection process.
- Streamline cross-border operations, including quick, efficient clearing for Canadian checks and drafts, ensuring faster member crediting and seamless reconciliation.
- For a side-by-side comparison of foreign item deposit processing options, click here. Contact your VolCorp business development representative today for more details.
Contact VolCorp
For more information about how we can help your credit union, contact us! One of our representatives will get back to you shortly.