Should i pull out of KE?

CHR15

I've got a significant amount Lost in Icesave.
I have withdrawn everything from KE because I will never trust an Icelandic bank again (despite all the Union Jack waving)

I only hope getting my money back from the Icelandic thieves will not take too long!!!

Bromley86

You've not lost a penny. Misplaced, yes, but not lost.

Actually, there's the interest from here on that you'll miss out on. That's not worth worrying about though when you've just been bailed out of a !!!!!! situation.

CHR15

Yup. I'm just glad I hadn't commited any of it.

I've just transferred all out of ICICI bank too although I haven't heard anything about them.

Under a Mattress from now on.

nokiauk

I applied for a KE account at the weekend before all the problems of this week. Got letter today confirming account open for use.

Account balance is Nil as I haven't paid anything to it nor do I intend to.

Now understand that KE accounts are transferring to ING, don't want an account with them either.

Now who do I phone about canceling this account, ING or KE?

Or should I wait a week or two before trying to cancel.

Locoblade

nokiauk wrote: »

I applied for a KE account at the weekend before all the problems of this week. Got letter today confirming account open for use.

Account balance is Nil as I haven't paid anything to it nor do I intend to.

Now understand that KE accounts are transferring to ING, don't want an account with them either.

Now who do I phone about canceling this account, ING or KE?

Or should I wait a week or two before trying to cancel.

Given the fact that they're bound to be inundated with calls / requests in the next few weeks, do those who have bigger issues with KE a favour and keep the phone queue that little bit shorter by waiting a few weeks. :beer:

nokiauk

Good point, will give it a couple of weeks until they're mess is sorted and accounts actually in the hands of ING.

Then phone to cancel.

dungeness

I have just registered on this forum to join in this thread. This time last year I got a few more grey hairs because my savings were stuck in Northern Rock! and here I am again. I only joined KE last week & then this pm I withdrew them, before finding out that they were liquidated. My account shows zero so goodness know where the money has gone!

My query is this - I was still able to log on to KE website this eve & even started to apply for an account (just to test it). Why is there no note on this site? I suppose I will now have an anxious 3-4 days to see if my money turns up in my linked account. I am probably worrying needlessly but I was very grateful to read of others' experiences.

jackleo

You don't need to call to close the account. Just don't put anything in!.
The call centre have got enough to deal with over the next few wks.

blizeH

snip: oops.