Kaupthing Edge CHAPS Transfer

zaphod_beeblebrox_2

Whos going to be the 4000 poster ?

pickle123

who uses lloyds is there a problem there

Ippylady

That's were not - sorry

schoolrunmum

Musicman- don't waste yr breath phoning them- they can't tell you anything, they just apologise and say "unfortunately" a lot. Waste of time..

teecee90

BACS 7/10 (am) - Alliance & Leicester - Still waiting.

genny

fortyaday wrote: »

Only joined just now.Bacs received in nominated account this pm.Where to put monies now?Any ideas?

You are on the wrong thread. There are penty of tips and advice of where to say on the main forum, have a look.

schoolrunmum

Looks like most of us untouchables are A and L customers...

miserable_ol_so_n_so

DHEERAJ wrote: »

Got my payment in Barclay few minutes back so just wait and check....

1. Did you request by BACS or by CHAPS?.....when did u place the request?

genny

miserable_ol_so_n_so wrote: »

And I would have been happy to have left it with ING. Its just as safe as any other outfit. I cant understand why they did not give a choice either, to return to KE (now ING) account or send it onwards. Bad business judgement. I dont thisnk I will be putting my money in there.

I don't think ING is as safe as anywhere else.

Firstly it's protection is based on the passport scheme, which will never look after foreign savers first (look at Iceland). UK savers will always be favoured by UK schemes.

And although a good brand and large safeish company, it's not as safe as companies like Lloyds or HSBC.

ING also have a history of offering good accounts to lure savers, then dropping rates fast, which is why they are rarely listed on the best buy tables.

For me foreign saving is over, I've no interest in ING whatsoever.

Lasertek

miserable_ol_so_n_so wrote: »

And I would have been happy to have left it with ING. Its just as safe as any other outfit. I cant understand why they did not give a choice either, to return to KE (now ING) account or send it onwards. Bad business judgement. I dont thisnk I will be putting my money in there.

Once an electronic transfer has been initiated you can not stop this, apart from a letter instructing this. Transfers were initiated when KE UK were solvent and the contract you initiated, i.e. the transfer lies with them. Then ING inhereited the retail savings arm of KE UK and have to adhere to what the client origionally requested.
It is worrying but your money is safe, but not seeing those figures in your KE or Bank account send shivers through your body.