Kaupthing Edge CHAPS Transfer

whitesatin

Excellent news for all who have received it. Especially pleased for the recent HSBC payments but mine is still not there. I am not even going to be able to check for that much longer as I am going away for the weekend which will involved spending a great deal of money, money I hope I still have.

fredhaben

Chippy99 wrote: »

However, this is not the case here. If you look carefully at the wording, ING have not acquired KE. "UK Treasury has taken action to protect your savings, transferring all individuals’ UK savings balances from Kaupthing Edge to ING Direct". I am certain the move has been structured in such a way that ING are not picking up any of KE's liabilities (other than owing the KE customers their money.)

Exactly right. If you look at the order issued by Her Majesty's Government, the only liabilities that were transferred to ING were in respect of "principal and accrued interest". So for all other liabilities, we join the long queue of KE's unsecured creditors... probably not worth the trouble.

Lasertek

Stewster wrote: »

It appeared about 20 minutes ago. I have been checking my account all morning and nearly broken the mouse I have clicked refresh so many times on the HSBC website.

There is hope yet

DESPRO

Not posted before, but have'nt heard many Nat West customers comments.
I requested my cash on the 4/10 (sat) knowing it wouldn't go out till 6/10 - went out then back in on 7/10 and out again by midday!!!!!!
Anyone else had this?
Still nothing - chaps - slowly going mad

northern5

fudgie1980 wrote: »

I HAVE RECEIVED MY MONEY PLUS INTEREST IN HSBC!!!!

IT WAS A BACS PAYMENT THAT I MADE FIRST THING ON 8 OCT 2008.

IT DOESN'T SAY WHETHER IT CAME THROUGH AS CHAPS OR BACS.

Have my fingers crossed for everyone. Right now though I feel like crying with relief.

Good news ... so money is arriving in HSBC during the day!! Sadly not for me just yet!!

chairman_miaow

fudgie1980 wrote: »

I HAVE RECEIVED MY MONEY PLUS INTEREST IN HSBC!!!!

IT WAS A BACS PAYMENT THAT I MADE FIRST THING ON 8 OCT 2008.

IT DOESN'T SAY WHETHER IT CAME THROUGH AS CHAPS OR BACS.

Have my fingers crossed for everyone. Right now though I feel like crying with relief.

Nice one...there's still hope for the rest of us then !

boknows

It's like "they" are trying to drive me insane...

I made 2 transfers one for the bulk of my savings. Made on 6th (registered on 7th).

The second tranfer was for, wait for it, a massive £8.42 (the balance of the KE account) i made that one on the 8th.

Take a wild guess which one has just gone into my ltsb acct????

JMC39

Money's just arrived into Natwest!!!!!!!!!

northern5

Haha .... just got my £100 BACS which I did on the Wednesday ... but my payment on the Tuesday AM BACS hasn't come through yet!!!

Oh, I forgot to mention, they've added on 7p for interest!!!!

JMC39

JMC39 wrote: »

Money's just arrived into Natwest!!!!!!!!!

No interest though...