ING Direct uk,to acquire KE Deposits
sparky666
Posts: 39 Forumite
What is this going to mean.???
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I dunno, but the BBC jsut confirmed it. ING Direct aquires all kaupthing-edge british accounts.0
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dont know I've just seen this on sky news as a breaking news at the bottom of the screen but nothings been said yet, no idea what it means but the transfers I tried to action from Kaupthing last night have not gone through and I cant get them on the phone.0
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Business as normal I would have thought but I'd feel happier with ING.
This also applies to Heritable Bank depositors.0 -
I believe that they are also taking the assets of Heritable Bank, probably before the Icelandic government grabs them all.;)0
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2 things:
1) Does that mean KE customers will go from 100% FSCS compensation up to the £50k, to the ING passport scheme compensation?
2) Why oh why couldn't they have bought Icesave too????0 -
1) Does that mean KE customers will go from 100% FSCS compensation up to the £50k, to the ING passport scheme compensation?
I sincerley hope not especially given icelands priblems.0 -
If this happens, I'll be breaking my term deposit.
No £50,000 guarantee by UK government - no savings of mine.You're spelling is effecting me so much. Im trying not to be phased by it but your all making me loose my mind on mass!! My head is loosing it's hair. I'm going to take myself off the electoral role like I should of done ages ago and move to the Caribean. I already brought my plane ticket, all be it a refundable 1.0 -
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For the uninitiated, how does this actually work? Who pays what to who for Ing Direct to take control?0
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