📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Kaupthing Edge CHAPS Transfer

Options
11112141617493

Comments

  • A requote of my post early on in this thread. I have had a successfull CHAPS transfer however thinking back I now think I made the transfer a bit earlier than 8:00 am but it was definately Tueday and my money appeared in my linked account that evening. Perhaps I just got in before the rush started.
    May we know how much is it? under 3K? 5K? 10K? 15K? Looks like small amounts are going through and large amounts still haven't arrived yet.
  • Vectra
    Vectra Posts: 152 Forumite
    Part of the Furniture Combo Breaker
    PS add me to list
  • :cool: CAN I BE ADDED TO LIST AS WELL PLEASE? Hubbie transferred 4000(ssimply for a car purchase) on sunday evening to link account- told would take 3 working days- money gone from Kauphing Edge account but not in linked account yet! Am not even going to worry about other 30,000 in there yet!!
  • trevs707
    trevs707 Posts: 95 Forumite
    Add me as well.

    I initiated a BACS transfer of £25k on Sunday 5-Oct and KE showed it as leaving the account. However, it still hasn't arrived in my linked account.

    Out of interest, I also tried an additional £100 transfer yesterday and I got the BAC confirmation screen up which I printed, however, my KE account balance does not reflect the fact that £100 has been withdrawn so I have no idea if this smaller transfer will go through.
  • leosayer
    leosayer Posts: 635 Forumite
    Part of the Furniture 500 Posts Name Dropper Combo Breaker
    Me too, first tried to CHAPS last Thursday (2nd). Been on the phone to them loads of times, they keep saying the recieving bank is rejecting but they say they haven't seen or rejected anything.
  • trevs707
    trevs707 Posts: 95 Forumite
    I have written to ING Direct's ChiefExec c/o their email ([EMAIL="info@ingdirect.co.uk"]info@ingdirect.co.uk[/EMAIL])
    with a copy of my email to Kaupthing Edge (see my previous post on this thread) and telling them INGDirects reputation is at stake, not just KE's over this issue of CHAPS and BACS payments in limbo and that I will report back to this forum with his reply. If ING Direct's CEO does not provide a quick and effective response, I for one will not be conducting an account with his bank.

    I do see from a link in a previous post that INGDirect has announced that it has taken over KE's savings deposits which I had not seen and thanks to the particular poster for that. Apparently we are to continue using our accounts as normal!

    I think we should all follow rhinestonemaiden's example and tell the chief exec that if the transfers have not completed by cob this Friday we will be closing our accounts and also removing any other savings accounts we have with ING. Hopefully this may give them a kick where they need one.
  • Updated List (21:05):

    I'm putting together a list of ppl in this forum

    Who did a BACS/CHAPS transfer and money is out of KE and still not showing in Current Account:

    Me
    Locoblade
    Pyewacket338
    doctorscooby
    tellustuff
    Briskly
    oldagetraveller
    Foggy
    pixiep
    Chippy99
    Ivinda
    Behelzebub
    briona
    steveky
    Bigwedgie
    moneychump
    UnhappyHarry
    Charles1968
    jcb_digger
    t-rev
    clue
    heliman
    mobfant
    kasbridge
    chairman miaow
    trulyscrumptious
    muddledofmiddlesex
    nine tails
    moneychump
    concisethinker
    benjdr
    mjmal51
    chippy99
    petal
    10_66
    cshowell
    r4chy
    loveabargin
    roberta1
    kasbridge
    rhinestonemaiden
    pmorrison
    ianrobgill
    ashpatel82
    altocumulus
    sebtomato
    sph1971sph
    jbanks
    westcoast
    coolio
    tabsy
    mmistry
    landyman64
    rugbygary
    moneyloser
    ricksterSB
    darren72
    keith:)
    jogto
    drob4
    doctorscooby
    trevs707
    vectra
    mumoftwoandapig
    oridley
    leosayer
    gpender
    johnpoleman

    anyone else??? List is growing now. I sincerely hope we all get our money back in the next few days.
  • Hi, I made a transfer on Monday at about 1pm by BACS. No sign yet.

    If it doesnt arrive tomorrow then I assume there is a problem.

    The BACS system has apparently never lost a transaction so the money must arrive or go back to the initiating bank. Just like a bounced cheque.

    Please add me to the list.

    If KE are not processing things properly at the moment, which they appear not to be, then any rejected transfer may not show in the KE account until they (or ING) start processing things again in the correct manner.

    The money will turn up, I am sure of it.
  • trevs707
    trevs707 Posts: 95 Forumite
    leosayer wrote: »
    Me too, first tried to CHAPS last Thursday (2nd). Been on the phone to them loads of times, they keep saying the recieving bank is rejecting but they say they haven't seen or rejected anything.

    Is there anyway to capture this from them formally so that we can take legal action against them in the future. It obvious they are lying and the BACS system can prove that especially as the various linked accounts will be with many different banks. Maybe we should start any conversation with them by telling them we are recording the call for legal reasons and expect them to be truthful with respect to the information they provide during the call.
  • Has anyone reading this forum actually had a successful transfer? If so, when was it requested, and how long did it take?

    Anybody from earlier on Tuesday, or Monday anytime been successful?

    Mine was successful. Requested at around 12:30pm, Monday (so before the 2pm cut-off for CHAPS). The £ 30K was in my Natwest account by Tuesday morning.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.1K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.