Icesave - everyone will be paid

IT_nerd

LGG wrote: »

how do ppl know they will lose their intrest. the comp scheme from many reports covers the intrest and at this stage icesave is still up and running. until it gets anounced we arent even in a position of claiming yet. think positivecause im due intrest on/around friday and seeing as icesave still excists and all accounts are still on their site i hoping that i will get mine.am i being daft?

Daft, maybe. Optimistic, very.

Stompa

collingwood21 wrote: »

Does anyone know if we will be getting the interest owed on our deposits as well...or is that just wishful thinking?

As far as I know we'll get interest earned up until the point at which the company goes into liquidation. FWIW things still seem to be ticking over, I logged in to my account earlier this morning and found that my monthly interest had been credited to my account as normal.

LesU

At last some good news!
Remember one person's 'rate chaser' is another person's 'just keeping ahead of inflation'.
I suppose now, after the shoddy way that the Icelandic government has acted, the West Ham terraces will be a bit depleted, and fish fingers from Iceland( the shop) are off the menu!

DigitalJedi

LesU wrote: »

.... and fish fingers from Iceland( the shop) are off the menu!

Just to be clear, the shop itself is 100% British. So if like me you are planning to boycott Icelandic products, the shop itself is ok. Although some of the fish may have been caught there but that could be the same case in Tesco's, Asda etc. etc.

http://www.iceland.co.uk/page/view/about_iceland_story

ebyard

lafolle wrote: »

what about money in limbo that is showing having left Icesave on 6/10 but not reached linked account?
I thought BACS transfers would arrive today?

Your money hasn't just "disappeared" - don't worry. It hasn't left Icesave if it hasn't appeared in your new bank, so whilst your internet banking may not show it, it will still be there.

Just be sure you can prove that you didn't receive the money, and you will be fine

icesave-casualty

Don't how true this is...If Mr Darling managed to get our money back, my whole family will vote for them

cheap_charlie

popmacca wrote: »

Not good news for me..... i'm paying to bail out the "rate chasers":mad:

How uncharitable!

I don't have a penny in Icesave but I have every compassion for those who have had to endure a horrific 24 hours wondering what on earth has happened to their money.

I cannot begin to imagine their relief at this announcement and don't begrudge them their money in the least.

mariecc_2

what is this passport with Icesave. I still have to tell my daughter i told her to transfer her isa a few weeks ago. Did my hubbies too! How getted am I!!

My cheque got bounced back to halifax due to an errror. I was going to go in last friday to sort it, My halifax is still showing my moneys with them, but I'm going to find out.

Transalper

Does anybody know how we might eventually get paid and how the comp scheme works. There are questions such as will we lose all gained intrest, can we transfer the isa part to another isa without losing our tax free status or have to start from scratch again with £3.6k ?( I had 30k in it and was going to be part of my pension pot) Our government should honour this after all I pay 20% on the rest of my savings.
I will be going travelling in Nov for 5 months (Giving job up and doing while I can rather than luck!)(was relying on intrest to fund my trip too) so if I am not here when this compensation takes place(will there be time limits) can I get a friend or accountant to sort out my affairs?
At the end of it all I don't want another hair pull out day like yesterday and gratefull (and hopefull) we should get our deposits back.

tradetime

News update
http://news.bbc.co.uk/go/rss/-/1/hi/business/7658725.stm

Takes some of the pressure off Iceland