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Paying in cheques to a savings account
My daughter is looking for a savings account that she will be able to use to pay in cheques, paid to her by her daughter's nursery as a refund of fees for the free hours her daughter is intitled to. As she is a working mum she would prefer to have an account that she can manage online or by post. It seems that a cash ISA…
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Interest Calculation
The best way to illustrate my question is with an example:- You deposit £10,000 in a savings account on 31 July 2005. Interest is paid annually, on 1 July. You withdraw the £10,000 on 31 January 2006. Would you get more interest on 1 July 2006 than you would on closing the account at 31 January 2006?
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140k to invest
Hello I inherited around 140k just over a year ago, I currently have all the money in savings accounts and an ISA which all pay around 4.5 - 5% interest. I am single, 31yrs old, living with my long term girlfriend, we have no dependants. We both work, I earn about 22k a year and have a final salary pension. We rent our…
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Highest interest non-regular saver
For the first time in years I have need of a savings account. :D A regular saver is no good for me - the only money I can save is from freelance work, not my main full-time employment so amounts are variable by month. I have around £1k currently, which will be topped up to £3k (that's the target anyway!) by the end of the…
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I used to have lastminute.com shares..
.... and I've now found out they were bought out by Travelocity last year. A friend also had shares and told me his shares were automatically bought out and he recieved a cheque late last summer. I haven't recieved anything. How do I go about claiming my money? Many thanks!
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Shares
Hi I am not sure if i have posted this in the correct area,but here goes.I have shares in Alliance and Leicester,and they are supposedly intalks over a takeover.Can anyone explain what then happens to my shares if the takeover is agreed........... Thanks
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ICICI account passwords?
Hi all, I havent logged into my icici account for a few months and now need to transfer some money but am struggling to remember my password! Does anyone know the format needed for the passwords (ie did I have to pick a password of a specific length, with certain characters in etc) ? Probably just have to get it reset but…
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virgin/NTL shares offer, please help i have no idea!!
Hello i have 505 virgin shares and have been sent the offer for share holders now NTL have come on board and i need some advise what to do please. 1. Sell the shares back to them for 3.72 each 2. Take NTL shares on the basis of 0.23245 for each virgin share 3. Take NTL share on the basis of 0.18596 for each share plus 67p.…
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A&L Overdraw? Im an idiot
To be honest, Ive never gone overdrawn before. I checked my account right now & saw I was £700 overdrawn. I immediately moved £2000 into the account from my A&L savings account. I had been charged two penalties of £25.00 for going over. I called A&L, & they were able to remove "50%" of the penalty, or £25.00, because the…
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Saving calculations
Hi I have a couple of questions I'm hoping one of you expert savers can help me with firstly, how is interest calculated? is it based on the actual number of days the money resides in the account in a given month? Or is it that as long as the money is there before the interest is calculated I can earn the full amount of…
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Long Term Child Account
Hi all Im looking to build up some considerable finds for my daughter and looking for the best way to do it - with as little tax as possible I would like to lock it away untill she is 21ish but looking around the current rates look very poor. Ive looked at premium bonds but think I should be able to get a better rate…
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Aviva plc - Georgeson Shareholder
Hi there Hoping someone can shed some light on this: Received today a letter from Aviva/Georgeson Shareholder saying that DH has an unclaimed entitlement to shares from when Norwich Union floated in 1997, amounting to nearly £800. Georgeson Shareholder have been 'appointed' by Aviva to 'help find qualifying members and pay…
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Birmingham Midshires
It it just me, or is anyone else having problems with them?. I took the advice offered on ME and opened an easy access internet account at 4.9%. I sent a £10 cheque and awaited my user name and access token which are required for actitvation. I received them, and as I wanted to transfer a large amount of money to them,…
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With-Profits Bonds investments
In August 2000, I made investments in with-profits bonds with CGU (now Norwich U), Clerical Medical and Scottish Widows. Not only have the returns been pitiful, there is still an MVR (last August statement had 10/15%). I can get my money back on the 10th anniversary and there will be no MVR then. It is my pride which is…
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So mad with the Derbyshire!!
I called the Derbyshire today, as I wanted to check on making a withdrawal from my regular saver account(or so I thought it was). I opened the account in Nov 04 attracted by the interest rate which was over 5% at that time. I explained that I didnt live near a branch and would it be possible to pay in and withdraw through…
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Transferring monies from NatWest
I've just set up a first direct e-savings account and I want to transfer some money from my Natwest current account. I'm going to do a SO for a regular amount but I also want to transfer £1k in bulk, after I've trialed it with £10 or so first, and I've just been informed it'll cost me £28 as it's not going into another…
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EU Savings Tax Directive / Retention Tax
:confused: Any experts out there on the EU Savings Tax Directive which came into force June 2005? I have some savings in an offshore account in Guernsey and was under the impression that as long as the investment income remained offshore, it was not taxable. WRONG! I have paid 15% 'retention tax' on the income generated…
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100K to invest for 6-9 months
Hi I want to sell my house and rent for about 6-9 months (so that I can get my son into the school he wants to go to) before I buy a new house. When I sell my house, I will have about 100 thousand to invest and want to find out what's the best thing to do with it so that I can try and make up the difference between my…
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NS&I Guaranteed Equity Bond
Hi was just wondering what opinions good or bad people had with this as an investment, they have just opened this for a limited time and usually only do this once a year. I havent got huge amounts to invest just £2000 and at least i would walk away with what i invested but surely the oportunity to earn a bit more is there…
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1 Million & Interest
Hey Just a question, that i just dont know the answer to to be honest, and am interested, no i dont have a million, and will problably never get it, but....... If i had 1 million pounds, and wanted to put it and leave it in a bank etc, can i just live off the interest for the rest of my life? Would the bank pay the…
