Kaupthing Edge CHAPS Transfer

Celt08

bigg wrote: »

We could keep guessing and chew this over and over for days. My suggestion is that we see what Martin has to say in tonight's programme and wait until Friday. If nothing has happened by then:

fiiiiiiiiiiiiight :mad:

PS
I bought a lucky dip Lotto ticket for tonight. If I’m lucky I’ll buy you all a virtual drink, from Barbados. :beer:

what time is it on?channel?

Baldur

Celt08 wrote: »

what time is it on?channel?

Channel 5 - already started.

catbaloo

Celt08 wrote: »

what time is it on?channel?

7.30 channel 5, sounds like he's not mentioning anything about our worries.

Celt08

has he mentioned our dilemma yet?

Celt08

he seems happy - guess he didn't have his hr earned savings in either icesave or kaupthing... well who'd blame him hehe

[Deleted User]

What is the 'second email'?? I can't find it (and I have looked!)

catbaloo

Celt08 wrote: »

has he mentioned our dilemma yet?

no not a sausage. And I'm missing corrie for this...maybe when I get my money back I'll be able to afford sky plus:rotfl:

Celt08

yes spend your money - i know i will be... chin up tho

ES10

Deleted_User wrote: »

What is the 'second email'?? I can't find it (and I have looked!)

Jimster, basically it's just a copy of the latest update on the website regarding Friday Payments. It's generic and addressed to ...Dear Customer...sent out to all regardless if you have pending transfer or not .
You are not missing anything new!

miserable_ol_so_n_so

goodethernet wrote: »

Errrr....no we wouldn't. The FSCS defines a default as:

FSCS will declare a firm in default if:

• it has received at least one eligible claim against it, and the customer has made a financial loss;
• we are satisfied that the firm is unable, or likely to be unable, to pay claims against it. We will investigate the firm's financial position to establish this.

........it would be hard to claim that either of these conditions is met just becuase we are not paid on Friday. Can you imagine the implications of the FSCS declaring ING in default? Please be serious.

If you wrote a cheque, had money in your account to cover it, paid it to someone, who deposited it into their account, but your bank did not pay out the money, then your bank is in default. This takes 5 days. Similarly, in my case, I instructed Kaupthing to pay into my linked account, by CHAPS, they acknowledged the instruction, but have failed to carry it out. The rest is history. FSCS is our first port of call. We have been patient, and gone along for nearly 2 weeks. Friday will be my limit.
I dont care whether FSCS does or does not declare ING in default. They have already declared Kaupthing in default, and I had an account there. I have not signed any documents to open an account at ING either. My contract was with Kaupthing Edge, which the FSCS has declared to be in default. If FSCS chose to pass on the Kaupthing bank to some other bank, ING in this case, it does not give the new bank the right to ride roughshod over customers rights. ING will I am sure want to carry out its responsibilities, but in case it does not do so by their deadline of Friday, some of us will have no alternative except to make our plight public. ING should have the necessary resources to honour a few hundred transfers. Each one of us could fax them our transfer out instructions as acknowledged by Kaupthing.