Treasury Vault

The Treasury Vault is a specialized entity residing under the broader Program entity. Acting both as a ledger and an underlying bank account, it is managed by your company for designated Programs. The primary role of the Treasury Vault is to support and enable key fund flows essential for the financial modules that form the Program.

Treasury Vaults function as bank accounts tailored for distinct programs. They can facilitate a variety of financial transactions based on the rules of the specific Program. Accessible mainly through Alviere’s Portal under the "Treasury Management" function, these vaults are generally restricted to users with Finance profiles.

With the exception of the Master FBO, each Vault type can be linked to specific Payment Methods for loading and withdrawing funds. Though typically these Payment Methods will be bank accounts operating via ACH, credit or debit cards can also be used.

Treasury Vaults typeCopied!

Here are the various types of Treasury Vaults, each with its own unique set of guidelines:

Vault Type	Functionality	Special Notes
Card Funding	Specific to Just-In-Time funding, like Gift card programs	Funds belong to your Program and not to the end customers until they are used
Loss Reserve	Reserve for potential program losses like Chargebacks	N/A
Service Fees	Holds service fees charged to consumers	Fees can be reversed, transferring back to consumer wallets.
Prefunding	Provides temporary funds to consumers before settlement	N/A
Card Settlements	Account where funds from Alviere’s Payment Processor are settled	N/A
Promo Funds	Holds promotional funds	Cashbacks or Boosts given to customers for card issuance programs will pull funds from this vault
International Transit	Used in the Global money transfers module for international transactions	When international transactions occur, the funds to fulfill the transaction need to be moved to this vault.
Operations	Owned by Programs for loading or withdrawing from end customer wallets	N/A
Providers	This vault is designated for our clients who may wish to separate their funds management from the Operations vault. For instance, clients' providers can directly access funds from this vault, distinguishing it from the Operations vault	N/A
FX Reserve	Reserve for currency exchange fluctuations	Also handles exchange markups or losses.