This department is the legal adviser to the bank, handles lawsuits, checking the credibility of security documents presented by customers. Generally it is the lawyer to the bank.
The job of the Recovery Department within a bank is to recover money owed from a non-paying customer. Therefore the main job of the Recovery Department is to help clients recover debts. The debt recovery team also controls the client’s credit rating. As well as being straightforward and honest, the debt recovery team will help the client set up easy repayments on money.