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Kaupthing Edge CHAPS Transfer

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Comments

  • brionz
    brionz Posts: 40 Forumite
    Part of the Furniture Combo Breaker
    Maybe FREE CHAPS is what is referred to here: http://forums.moneysavingexpert.com/showthread.html?p=10655947
  • some businesses have deals where they can do free chaps over 5K, that maybe why we have been told chaps payments will be re -funded
  • ES10
    ES10 Posts: 99 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    bursle04 wrote: »
    I have just spoken to my bank (First Direct) and they have no record of any deposit pending from Kaupthing tomorrow.

    Have just spoken to Kaupthing who claim that the payments are not being made by CHAPS or BACS but buy a system called FREE CHAPS!!! I'm not panicking just yet but i can't say i've ever heard of this system!

    Well, this is not what I was told. I was told that 95% are on their way via BACS system. Also told if not there by Monday to phone KE

    Oh what to believe anymore !
  • oql61
    oql61 Posts: 613 Forumite
    Sorry to hear about the thread being closed down by Martin. I hope you all get to post about your returned cash before that happens. Best of luck for tomorrow.

    I was one of the lucky ones, having been paid last friday, BUT (and it's a big BUT!) I still have £57K in Icesave. Could all of you wonderful people who post here AND have money in Icesave transfer to one of the relevant Icesave threads.

    We need you!!
  • bursle04 wrote: »
    I have just spoken to my bank (First Direct) and they have no record of any deposit pending from Kaupthing tomorrow.

    Have just spoken to Kaupthing who claim that the payments are not being made by CHAPS or BACS but buy a system called FREE CHAPS!!! I'm not panicking just yet but i can't say i've ever heard of this system!


    Personally, I would rather believe First Direct than KE.................
  • Spicey
    Spicey Posts: 239 Forumite
    Morning everyone. Sorry Martins closing this thread. It really been a lifeline.
    Just phoned Halifax, they cant tell me if anything coming into my account tomorrow, they say only clearing banks can do that. But they did say that if it didnt show on my account tomorrow a.m then I would have to wait till monday for it to show. OR NOT.
  • elbe
    elbe Posts: 83 Forumite
    Someone asked me if my transfer showing as arriving at First Direct Fri am was bacs or chaps? I've just phoned First Direct again, a: to make sure I wasn't dreaming and b: to check payment method.

    Mine is coming in by bacs and yes it is definitely showing as a credit into my linked account of £11 thou which is the exact amount I moved Tue 7th (by bacs).
  • swils_2
    swils_2 Posts: 19 Forumite
    Just spoke to KE , only savings accounts being actioned tomorrow , term deposit accounts taking longer and no idea yet when payments being made
  • genny
    genny Posts: 319 Forumite
    Ohh exciting news! How is it the banks get prior notice before the money arrives? Why doesn't the money just arrive, sounds a real shambles.

    I've had no news nor payments.

    Why is the thread going to be closed by Martin? Bit odd... perhaps pressures from banks? Most threads just get old and disppear pages behind, but most are still active, you can always dig out an old one and post if you wanted to....
  • elbe wrote: »
    Someone asked me if my transfer showing as arriving at First Direct Fri am was bacs or chaps? I've just phoned First Direct again, a: to make sure I wasn't dreaming and b: to check payment method.

    Mine is coming in by bacs and yes it is definitely showing as a credit into my linked account of £11 thou which is the exact amount I moved Tue 7th (by bacs).



    You're lucy elbe. I did my transfer on the evening of 6th, so it went from my KE account on 7th. Im with FD too, but mine isn't coming in tomorrow
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