Treasury Reclamation demo

What the demo shows

Deposit ops answer each Treasury reclamation with the account trail and the bank's limit

A Notice agent reads every Notice of Reclamation, death entry and Request for Debit, matches the account and starts the 60-day clock. A Ledger agent splits the account at the date of death: on one side each benefit payment Treasury is reclaiming, on the other every withdrawal after the death with who made it, the channel and the address on file, named from the card processor, the teller journal and the ACH originators. A Liability agent searches seven channels for the earliest notice of death, decides whether the bank keeps its limited liability, and computes what it owes now and at most later. A Checker agent re-adds the ledger independently from the raw journal. A Response agent drafts the response, the owner notice, the debit and the ledger entry; a Recovery agent follows the money afterward. A specialist approves, a second person checks, and only then is the account debited and Treasury answered.

Transcript

1. 0:00Treasury Reclamation answers the government when it takes back benefits paid after a customer’s death.
2. 0:08Miss the 60-day deadline, and the bank owes every dollar.
3. 0:15This notice reclaims four Social Security payments, $7,648.00, from Theodora Ashgrove’s checking.
4. 0:25The Ledger agent splits her account at her death: benefits on the left, withdrawals on the right.
5. 0:33Her son’s card took $3,100.00, and $2,230.60 went to Ruben Castell.
6. 0:42The Liability agent finds an earlier call about her death, and nothing moved after it.
7. 0:50So the bank owes only the $2,317.40 balance, and a Checker agent agrees to the cent.
8. 0:59Joelle Marchand approves, and Tobias Ekwueme checks the evidence and signs before any debit.
9. 1:08The response goes out on day 7 of 60, with every step on the record.
10. 1:15The result: notices answered on time, and the bank pays only what it owes.
11. 1:22Built on Botminds: agents, data, screens and governance on one platform.

The narration as written for the film. Captions are on the player.