Icesave - 11 Days Later & We Are No Wiser

London05

Note to husband - no xmas present for you!

bryanb

Even if EU rules were followed, 3 months from Oct 7 is after Christmas

AB31

sloughflint wrote: »

Well I hope you are right. Until 5 mins before posting, I had always interpreted it like you.
But then that makes nonsense of the bit I highlighted in red.

We could just go round and round in circles on this.

The bit in red implicitly refers to instant access accounts, and the next two sentences describe different types of account: notice and fixed term respectively. That's the only way to make sense of it in my view. The last sentence is absolutely clear. The whole thing is fully consistent with what FSCS are now saying.

LesU

fishingdobbie wrote: »

I have just moved two lots of £10.000 from KE,one from my account and one from my wifes into cahoot with no problem?

Well this system message sits on the first page of cahoot's logged in screen, and it is still there on my account's first screen.

24 Oct 2007
type: system message
Deposits into Current and Savings accounts: The maximum amount that you can transfer into your cahoot current or savings account via your pre-arranged direct debit facility is £5,000. Please contact us if you need more information on alternative deposit methods. This limit applies only to this service and does not affect any other deposit or withdrawal methods

Did you use the linked account DD method i.e. instigated from KE account or a standard BACS transfer? I must say I have never dared try and exceed the limit in case it all got lost in bank ping-pong.

Edit: I've just had another look at the Cahoot account. I think money transfers out of KE, although it uses a single linked account, doesn't use DD. Unlike Icesave, which did have a linked DD. The last time I was transferring from one savings account to another it was out of Icesave to KE (Thank God!), so the 5k limit still applied. It will still be true for me if Icesave money is tried to be paid to my linked cahoot account. using DD.

EBG

Has anyone seen this:

http://www.icenews.is/index.php/2008/10/17/the-landsbanki-freezing-order/#more-3600

EBG

As anyone seen this:

http://www.icenews.is/index.php/2008/10/17/the-landsbanki-freezing-order/#more-3600

Paul_Herring

London05 wrote: »

Don't have an Isa in Icesave have fixed rate savings 6 & 12 months so yes I do want it back in my current account. :j

You can get them, according to current speculation, when
1) they mature or
2) 3,6,(9?) whenever months with less interest after they mature. If the interest gets added on.

Whichever is later.

Note that stuff, that matures before FSCS/Gubbmint get their thumbs out their rear ends, will earn a pittance.

zzyorkshirepuddingzz

VERY IMPORTANT

Sorry to interrupt your thread but.............
Do you all know about the NEW ICESCAM SITE??
The web address is: www.icescam.com and it is set up for all ICESAVE customers to get their thoughts out in the open and interact with each other. THE MORE THE MERRIER AND WE ALL NEED TO STICK TOGETHER.

Why don't you all sign up to it and then it will be so much easier than keep skipping from one forum to another. I already belong to 3 and it's taking so much time trying to keep up.

Some of you have already signed up and started joining in, the number is growing. Please take a look and register.
It also has all the latest news regarding our plight.

sheslookinhot

zzyorkshirepuddingzz wrote: »

VERY IMPORTANT

Sorry to interrupt your thread but.............
Do you all know about the NEW ICESCAM SITE??
The web address is: www.icescam.com and it is set up for all ICESAVE customers to get their thoughts out in the open and interact with each other. THE MORE THE MERRIER AND WE ALL NEED TO STICK TOGETHER.

Why don't you all sign up to it and then it will be so much easier than keep skipping from one forum to another. I already belong to 3 and it's taking so much time trying to keep up.

Some of you have already signed up and started joining in, the number is growing. Please take a look and register.
It also has all the latest news regarding our plight.

The latest news will be published by the media not by forums

zzyorkshirepuddingzz

I know that - but people are putting the information on the Icescam website and you'd be sure to see it there. Then you can go to the link to read it.