1. INITIATION OF RECLAMATION: The authorizing federal agency must initiate the reclamation within 120 days after the date that the agency receives notice of the death or legal incapacity of the recipient.

2. SCOPE OF RECLAMATION: An RDFI is not liable for any post-death benefit payments made more than six years prior to the date of the notice of reclamation except under the following circumstance:

"If the account balance at the time the RDFI receives the notice of reclamation exceeds the total amount of all post-death or post-incapacity payments made by the agency during such six-year period, this limitation shall not apply and the RDFI shall be liable for the total amount of all payments made, up to the amount in the account at the time the RDFI receives the Notice of Reclamation and has had a reasonable opportunity (not to exceed one business day) to act on the notice." [31 CFR Part 210.10(d)]

3. COINCIDING WITH DATE OF DEATH: An RDFI is not liable for any benefit payment dated (whose effective date is) the same as the date of death.

4. RDFI REACTION TIME: The RDFI, upon receipt of the government's Notice of Reclamation, has UP TO ONE BUSINESS DAY to react to that reclamation by determining the account balance, and by preventing any further withdrawals of post-death Government benefit payments from the account, if possible, under the terms of the contract with the account holder.

5. RDFI RESPONSE DEADLINE: The RDFI has up to 60 days from the issue date of the reclamation to provide a full and accurate response to the proper Government Disbursing Office. Failure to respond timely may result in a debit to the RDFI's Federal Reserve account or the account of its correspondent for the total amount of the reclamation. This debit action will be final.

Note: If the Reclamation deadline is imminent, the RDFI should consider using overnight mail or some similar means to be sure to meet the government's deadline. If the RDFI wants proof it met the deadline, it should consider using Certified "return receipt" mail or similar means for a signed receipt.