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white arrow Overview: Green Book

white arrow Introduction

white arrow Chapter 1:
    Enrollment

white arrow Chapter 2:
    Payment Processing

white arrow Chapter 3:
    Nonreceipt

white arrow Chapter 4:
    Returns

white arrow Chapter 5:
    Reclamations

white arrow Chapter 6:
    Notification of Change

white arrow Chapter 7:
    Collections

white arrow Chapter 8:
    Contacts

white arrow Chapter 9:
    Glossary

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Green Book

Reclamations

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Follow-up to the Notice of Reclamation (FMS-2942)

A Follow-Up Notice is sent if the Government Disbursing Office failed to receive any response within 30 days of the Notice of Reclamation; or if the RDFI's response to the Notice of Reclamation was incomplete or inaccurate.

A Follow-Up Notice is a reminder to the RDFI that a response must be received by the Government Disbursing Office in no later than 30 days or the RDFI will forfeit the right to limit its liability.

A copy of the original Notice of Reclamation is attached to the Follow-Up Notice.

Any questions regarding this matter should be directed to the Government Disbursing Office shown in the upper right corner of the Notice of Reclamation.

Federal Agency Collection from Withdrawers

If all or part of the post-death payments have been withdrawn from the account before the RDFI learns of the death, and the RDFI properly responds to the Reclamation and is qualified to limit its liability, the authorizing federal agency will then attempt to collect the outstanding total from the withdrawer(s).

If the authorizing federal agency is unsuccessful in collecting all of the outstanding total from the withdrawer(s), the RDFI's remaining liability (the 45-day amount) will be collected by debiting the RDFI's or its correspondent's Federal Reserve account.

Debit of the RDFI's Account (FMS-135)

If the RDFI fails to respond completely and accurately to a Notice of Reclamation by the due date, the Government Disbursing Office will send the Request for Debit (FMS-135) to the Federal Reserve to debit the RDFI's Federal Reserve or its correspondent account for the full amount of its outstanding liability. This debit action is final.

The table below shows when the authorizing federal agency can exercise its authority to have an RDFI's Federal Reserve account debited.

Table 3-C

If the RDFI: 		Then its (or its correspondent's) reserve account:
Fails to respond accurately and completely to the Notice of Reclamation
will be debited for the outstanding total.
Fails to respond within the 60-day time limit of the Notice of Reclamation
Responds accurately, completely, and timely, (i.e., limited its liability) but the authorizing federal agency cannot collect the outstanding total from the withdrawers will be debited for the 45-day amount not to exceed the outstanding total.

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   Last Updated:  Wednesday March 21, 2007
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