Is "SHARE DRAFT # 101" fraud?

Written by Ava Morales

June 18th, 2024

About "SHARE DRAFT # 101"

Share Draft has been in business since 2016. The company provides a range of retail products, including checking accounts, savings accounts, and online banking services. Additionally, Share Draft offers debit cards, credit cards, and various loan products such as personal loans, auto loans, and mortgages. The company also provides financial planning and investment services.
  • SHARE DRAFT: This indicates that the transaction is related to a share draft account, which is a type of account commonly used by credit unions.
  • #: This symbol is used as a separator.
  • 101: This is the draft (check) number associated with the transaction.
  • Find & fight fraud from anywhere

    Verify With Receipt

    The best way to tell if this charge is fraudulent is to find the receipt. You may have an electronic copy of the receipt, which you can finding by searching in your email accounts for Share Draft.
    Or, if you want to automatically find and reconcile receipts so you never worry about fraud, you can use SimplyWise to automatically match all bank and credit card transactions to email and paper receipts. The app instantly reconciles your expenses and flags anything that doesn’t match.
    Step 1

    Connect your email

    Download the SimplyWise app and connect your email account. SimplyWise will search through your emails and find all the receipts in your inbox. This allows you to understand what exactly you are paying for when you see a bank transaction on your statement.
    Step 2

    Connect Your Bank

    Connect to your bank account/credit card transactions through the secure (256 bit encryption) Reconciliation feature within the app.
    Step 3


    Reconcile the charges reported by your financial institution against what you’ve recorded in your SimplyWise account. Find fraud quickly! SimplyWise will match your transactions to your bank/credit card spending and check those items off.
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