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Streamlining Seller Solicitor Bank Verification

May 22, 2025

Training Session on New Process for Seller Solicitors Bank Details

Overview

  • Introduction of robots Vincenzo and Maria to handle login of seller solicitors' bank details.
  • Transition from manual checking to robotic process.
  • Process involves using lender exchange portal for account verification.

Old vs New Process

  • Old Process: Replies to requisitions were mail phrased; bank details checked manually.
  • New Process:
    • Replies to acquisitions are mail phrased.
    • Email sent to robots Maria and Vincenzo for checking via lender exchange portal.
    • Successful results are integrated back into case history as I7.
    • Updates completion checklist to indicate successful bank detail verification.

Error Handling

  • Occasions when bank details are not successfully verified.
    • Notification: Email sent to fee earner with error screenshot.
    • Proclaim Rectification: Rectify details allowing robot to re-request verification.

Common Errors and Solutions

  1. Sort Code Errors:

    • Dots in sort code can lead to errors; replace with full numbers.
    • AI misreading numbers (e.g., zero as eight).
    • Ensure sort code and account number match requisition replies.
    • Updates prompt hourly checks by robots, pulling successful results as I7.
  2. Name Discrepancies:

    • Example: Name mismatch due to admin error.
    • Verify using CLC or SRA checks; correct in Proclaim.
    • Double check sort code and account number against requisition replies to avoid additional errors.

Handling Unlisted Seller Solicitors

  • If not previously in Proclaim, send details to [email protected].
  • Admin team will update details, prompting robot to re-request verification.
  • Sellers not on lender exchange require confirmation and instructions from James.
    • Mail phrase results as I7 to update completion checklist.

Future Steps

  • Emails will transition from central check to individual receivers.
  • Open for questions regarding the transition process.

Note: The session emphasized the importance of accuracy in data entry and the role of automation in streamlining verification processes.