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Icesave - 11 Days Later & We Are No Wiser

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  • [Deleted User]
    [Deleted User] Posts: 12,492 Forumite
    10,000 Posts Combo Breaker
    found it. Its on the other thread. I`ll copy and paste

    Other useful email addresses for complaints:

    [EMAIL="darlinga@parliament.uk"]darlinga@parliament.uk[/EMAIL]
    [EMAIL="enquiries@fscs.org.uk"]enquiries@fscs.org.uk[/EMAIL] - use the subject heading of 'Formal Complaint'
    [EMAIL="ministers@hm-treasury.gsi.gov.uk"]ministers@hm-treasury.gsi.gov.uk[/EMAIL]

    thanks to dali21
  • moola_3
    moola_3 Posts: 46 Forumite
    Anyone writing directly to the FSCS - I would suggest you specifically request a written acknowledgement of your claim. Having to deal with a growing amount of formal correspondence might encourage them to act. Can't see how they could legally require a form to be completed if all relevant details of a claim are provided in a letter.

    Next step would be to get an MP to ask the question in the House: "How many claims have been received by the FSCS on behalf of depositors in the failed Icesave bank and when when will their claims be met?"
  • harrowing wrote: »
    From: http://www.fairinvestment.co.uk/deals/news/banking-news-Relations-with-Iceland-turn-cold-after-savings-accounts-troubles--2372.html

    Relations with Iceland turn cold after savings accounts troubles
    17/10/2008
    International money transfers between Iceland and Britain have all but frozen up and Sedlabanki, Iceland's central bank, says that the UK's handling of the savings accounts situation is to blame.
    Sedlabanki has guaranteed all foreign cash transfers by routing them through the central bank's own accounts, amid fears that money sent to Iceland will not be transferred to the correct account, leaving the foreign bank liable.
    BEST SAVINGS ACCOUNTS »
    In a statement, Sedlabanki said that "In some instances, foreign banks that are parties to payment transactions do not execute normal and appropriate orders for payment to Icelandic banks for fear that such transactions will end in a moratorium on payment on the receiving end, or for fear that the funds involved will not be transferred to the appropriate party."
    The Icelandic Government has said that money transfers with other countries are problematic, but those with the UK are "by far most difficult" and remain at a standstill. It also said that this situation is "directly attributable to the extremely harmful actions taken by the British authorities".
    The Icelandic Prime Minister, Geir Haarde, reacted with anger when Gordon Brown used anti-terrorist laws to freeze at least £4billion of Icelandic assets in the UK, after the Icelandic Government said it would be unable to compensate British savers with money locked in the savings accounts of collapsed Icealandic banks, such as Icesave, the UK online savings accounts arm of Landsbanki.
    The Bank of England has offered the Icelandic government a £100million loan so that it can honour its compensation guarantee to UK savers, but Mr Haarde has said that he will be appointing a UK law firm to sue the British government for exacerbating Iceland's problems.

    Written by a journalist no less! 'nuff said.
  • moola_3
    moola_3 Posts: 46 Forumite
    favemuppet wrote: »
    Written by a journalist no less! 'nuff said.
    Yes, it's hardly surprising that money isn't exactly coursing backwards and forwards between the UK and Iceland right now!
  • innovate
    innovate Posts: 16,217 Forumite
    10,000 Posts Combo Breaker
    f_@_w_y wrote: »
    Iwe shud think about FORMING A CROWD and go physically (not VIRTUALL) to authorities.... that will make a real impact.....

    Count me OUT of this.

    I still have confidence in the FSCS, they will deliver in due course.

    Mob-like action won't make one iota of difference in the speed they can move with what is, after all, the first ever mass compensation they have to process.
  • LGG_2
    LGG_2 Posts: 489 Forumite
    copied from the help and advice thread for thsoe who might not have seen it and want futher info


    We use a number of sources when compiling our news, and in the instance of Icesave this did consist of both the FSCS and HM Treasury. We were originally told by the FSCS at the beginning of the week that customers affected by Icesave's collapse would be able to find out on Friday (17th) about how to reclaim their savings and that they should receive a letter from them the following week setting out the exact process to follow.

    I have just spoken to the FSCS this afternoon and the latest situation is that they don't yet have an exact date when the compensation forms will be sent out, but the FSCS will contact people affected directly. They remain hopeful that customers will only have to deal with the FSCS and will have some firm news by close of business tomorrow (Friday 17th).

    Hope that helps.
  • moola_3
    moola_3 Posts: 46 Forumite
    kittie wrote: »
    found it. Its on the other thread. I`ll copy and paste

    Other useful email addresses for complaints:

    [EMAIL="darlinga@parliament.uk"]darlinga@parliament.uk[/EMAIL]
    [EMAIL="enquiries@fscs.org.uk"]enquiries@fscs.org.uk[/EMAIL] - use the subject heading of 'Formal Complaint'
    [EMAIL="ministers@hm-treasury.gsi.gov.uk"]ministers@hm-treasury.gsi.gov.uk[/EMAIL]

    thanks to dali21

    Was going suggest also emailing G Brown, but this is the message on the No 10 website:
    We have decided at this time that it is important to take another look at the E-mail Number 10 service to ensure that it meets the same high standards as the other content and communication measures that the website delivers.
    Unfortunately, this means that we will be unable to replace the service as quickly as we had hoped, but we aim to have it up and running as soon as possible. Please accept our apologies for any inconvenience caused.

    Have to be a letter, then.
  • moola_3
    moola_3 Posts: 46 Forumite
    LGG wrote: »
    I have just spoken to the FSCS this afternoon and the latest situation is that they don't yet have an exact date when the compensation forms will be sent out, but the FSCS will contact people affected directly. They remain hopeful that customers will only have to deal with the FSCS and will have some firm news by close of business tomorrow (Friday 17th).

    So not much hope there then if they don't even know what day it is.
  • Satscene
    Satscene Posts: 59 Forumite
    It may also be a good idea to mail the shadow chancellor, Osborne is it, let him know people are desperate to see their money, i`m sure he`d like to remind Darling he`s dragging his heels on this,

    this is his contact page http://www.georgeosborne.co.uk/contact.php
  • st
    st Posts: 3,461 Forumite
    Satscene wrote: »
    It may also be a good idea to mail the shadow chancellor, Osborne is it, let him know people are desperate to see their money, i`m sure he`d like to remind Darling he`s dragging his heels on this,

    this is his contact page http://www.georgeosborne.co.uk/contact.php

    GOOD IDEA LETS GET HIM ON BOARD AND CAMERON TOO
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