Cash Management Services

All UCU Small Business members will be offered our cash management services available through Central1's Payment Stream AFT* Service for Credit Union Corporate Members. Payment Stream AFT is a web-based user interface which allows members to originate one time or recurring electronic payments for distribution to any financial institution in Canada.

ucubiz Cash Management Services include:

• Payroll
• Fee/accounts receivable collection
• Payments for Service
• Payments to suppliers

CONVENIENCE:

• Information is available 24 hours a day to authorized users
• Very user friendly, intuitive system
• Includes reporting and processing notifications
• Only equipment required is a computer with an internet connection!
• Settlement is made on the due date entered
• Available in multiple due date frequencies
• Information can be added by individual data entry or file upload
• Conforms to the Canadian Payments Association (CPA) Standard 005 file format

BENEFITS:

• Flexible Cost Effective (reduce cost of time associated with cheque production, delivery and reconciliation)
• Improved security (reduces the risk of lost, stolen or forged cheques)
• Control (allows companies to designate their own authorized users so access is restricted)

*Central1 Payment Stream AFT administration set-up and ongoing user fees will apply. If UCU set-up assistance is required, a one-time fee of $150 will apply.

PaymentStream Instructional videos

Below are a set of handy videos to teach you how to use various PaymentStream features

PaymentStream AFT – User Management>

1 – Adding PaymentStream AFT Access

2 – Modifying and Removing PaymentStream AFT Permissions

PaymentStream AFT – File Upload

1 – Originator Information Page

2 – Testing an AFT File

3 – Uploading an AFT File in Production

4 – Approving Uploaded AFT Files

5 – AFT Reports

6 – Settlement Reports for Business Originators

7 – Archived Tasks

PaymentStream AFT – Data Entry Automatic Release 

1 – Originator Information Page

2 – Adding an AFT Record

3 – Managing AFT Records

4 – Approving Added and Edited AFT Records

5 – AFT Reports

6 – Settlement Reports for Business Originators

7 – Archived Tasks 

PaymentStream AFT – Data Entry Manual Release

1 – Originator Information Page

2 – Adding an AFT Record

3 – Managing AFT Records

4 – Releasing Transactions

5 – Approving Released AFT Transactions

6 – AFT Reports

7 – Settlement Reports for Business Originators

8 – Archived Tasks