Kaupthing IOM

cerberus_2

In response to an enquiry I made of Kaupthing Edge IOM last week...

"All deposits held with Kaupthing Singer & Friedlander in the Isle of Man are covered by the Depositor's Compensation Scheme contained in the Isle of Man Banking Business (Compensation of Depositors) Regulations 1991 up to £15,000 – see www.gov.im/fsc/investor/dep_comp.xml All deposits with Kaupthing Singer & Friedlander in the Isle of Man are fully guaranteed by Kaupthing Bank hf. With this guarantee, you have peace of mind that your savings are fully secured."

occamsrazor

cerberus wrote: »

All deposits with Kaupthing Singer & Friedlander in the Isle of Man are fully guaranteed by Kaupthing Bank hf. With this guarantee, you have peace of mind that your savings are fully secured."

Maybe, but the former is being liquidated and the parent bank has been seized by the Icelandic Govt. Not really peace of mind...

Please continue on this thread instead:

http://forums.moneysavingexpert.com/showthread.html?t=1203227

You'll find it much more up-to-date. It's where all of us Kaupthing Isle of Man customers now are.