Bank-Held Government Disbursements
Connecting Agencies and Banks
Since the pandemic, banks have stopped billions of benefits from reaching bad actors. These are referred to as Bank Held Government Disbursements. You have an opportunity to get those dollars back for your agency and the claimants who need them most.
Russell Allen offers curated tools and processes to assess your agency’s bank-held funds. We leverage your agency’s identity verifications and payments files and cross-reference them with bank data to determine an estimated recovery. We then work with all parties to accurately and expeditiously return the funds from the banks to your agency.
These same tools and processes are leveraged to continue this inter-connected banking relationship on an operational basis. By building this integration into your operations, recoveries are simpler and quicker and hard-to-find fraud is identified and prevented for future payments. Learn more about Bank Held Government Disbursements.