Kaupthing Edge CHAPS Transfer

ontherun_2

Hey peeps, whats keeping you all with your mugshots to Luke??

miserable_ol_so_n_so

joanniepony wrote: »

I think we need to ask tmvc2007 to have a look at the collated dates.

yes urgently.

whitesatin

Oblivion wrote: »

I was brought up in the old tradition Luke ... 'Never a borrower or a lender be' ... it's served me well

Dave.

Well, bully for you. None of us know what is round the corner. I just hope you manage to hold onto what you have.

It can't buy you friends, you know.

AB31

tmvc2007 wrote: »

£3,087,033 from 93 CHAPS (value given for 90 transfers) initiated transfers that have not arrived in linked accounts.

Don't forget that I told you mine was a BACS/11August which is still awaiting payment.

Do you have a separate list for BACS non-payments or is everybody lumped together in your total of 93?

miserable_ol_so_n_so

ontherun wrote: »

Mine was a BACS made on 5th. However, I don't see any logic in ING not being responsible as any CHAPS not yet paid were held in KE's holding account I assume, therefore still part of KE assets

It all depends who had the funds, whether KE or KSF.

Bacs funds never left KE, so ING can distribute them.

Chaps funds went to KSF, and administrators had them when KE got declared in default. ING do not have these funds.


I hope I am wrong,....but we must investigate this possibilty. The sooner, the better, in case there are time limits on claiming from the FSCS etc. You know what their rules can be like.

ontherun_2

AB31 wrote: »

Don't forget that I told you mine was a BACS/11August which is still awaiting payment.

Do you have a separate list for BACS non-payments or is everybody lumped together in your total of 93?

11th August??

ontherun_2

miserable_ol_so_n_so wrote: »

It all depends who had the funds, whether KE or KSF.

Bacs funds never left KE, so ING can distribute them.

Chaps funds went to KSF, and administrators had them when KE got declared in default. ING do not have these funds.


I hope I am wrong,....but we must investigate this possibilty. The sooner, the better, in case there are time limits on claiming from the FSCS etc. You know what their rules can be like.

Sorry to dispute this. I thought that there were only 3000 savers affected with non internet accounts through KSF??

Could you advise where your info came from please - ING have already stated that any transfers made through CHAPS would get their £20 fee refunded. This I would assume would mean that they have the account details and the funds

Thanks

whitesatin

LuKeNuKuM wrote: »

wish i'd known this was round the corner - i'd have had some savings ready that's for sure! :doh:

Oh well, I think lots of us have learned some kind of lesson in this chaos. Still, things can only get better, eh? Fingers crossed for (all of) you.

10yrsoldersaver

Oblivion wrote: »

Not at all, just a wake-up call. Don't bite the hand that is feeding you. An insolvency can take months or even years to sort out ... ING are getting money back to former KE customers in a matter of weeks ... money that would have otherwise been lost forever.

I just really hate ungrateful people, especially when they criticise others for not getting them out of a mess 'quickly enough' that they created themselves.

Dave.

Lets see if you feel the same when your 360k goes missing one day!!!
We are not calling Ing for their slowness just their lack of upto date accurate info , we are all very careful investors who just unfortunately fell for the foreign banks hype!!

Oblivion

whitesatin wrote: »

Well, bully for you. None of us know what is round the corner. I just hope you manage to hold onto what you have.

It can't buy you friends, you know.

Since it's my life savings, I hope so too.

I have never equated money with friendship or friendship with money, but I'm always suspicious of those who do. Fortunately I have a huge number of friends (but clearly not on this thread :rotfl: ) who I can count on if needed, and they know they can count on me ... it's a simple recipe for a happy life.

Dave.