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Kaupthing Edge Chaps/Bacs Transfers NEW discussion

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  • bigg
    bigg Posts: 661 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Ippylady wrote: »
    I am now starting a new society, it's called
    The MushroomING Society....

    It's for us who are constantly left if the dark, fed b*** s***, and left to push our own way through!

    …or you can join my Puffin club:

    Poor
    Unpaid
    Financial
    Friends
    In
    Nomansland

    What’s the capital of Iceland?

    £4.50

    Keep your chin up. :D
  • So its looking increasingly likely that there will be no payments again today - Depsite lots of assurances from ING on friday that we would be paid today..
  • ginvzt
    ginvzt Posts: 4,878 Forumite
    1,000 Posts Combo Breaker
    bigg wrote: »


    What’s the capital of Iceland?

    £4.50

    Keep your chin up. :D

    Wasn't it £10.5 last week? If so, they are loosing it!!!!
    Spring into Spring 2015 - 0.7/12lb
  • Methusala wrote: »
    I have just spoken to an 'informed' FSA source. He has confirmed that:
    1 The FSA is aware of the unpaid CHAPS situation
    2 It is working closely with other bodies (including the FSCS and KE) to 'achieve a resolution'
    3 They do not have a defined timescale for the resolution of this issue
    4 They are aware of the various Forums and are viewing these!

    I have advised him that many of us are unhappy with the disinformation/inconsistent messages/poorly managed communications forthcoming from ING - all of which have only served to fuel people's concerns. A point he has acknowledged.

    He is now escalating the issue further up the FSA and has committed to call me back later today. He is aware I am posting his responses on this Forum. For the moment, I have agreed not to disclose his name to enable him to get on with doing something to help us.

    I will keep you updated.

    Just suspicions but I strongly suspect now that the administrators have got their mits on the money (i.e. CHAPS holding account was part of parent KSF head office company that went bust) They will be arguing about whether the money is in trust I guess, and will want to know the legal basis for releasing it. However the FSCS have to compensate us, maybe they are just checking the amounts involved and reconciling to remove duplicate requests? So all the "don't know" responses may at this point be valid.

    The FSCS are making immediate payouts and have been given a loan to do this. Someone kindly posted a link to the press release for this earlier. End of the week looks likely if they really did clear the bulk of the backlog last Friday?

    Chins up etc.! At least through us lot they are well aware of it, I suspect they didn't start taking this seriously until late Friday/sometime Saturday!
  • I go a few times a day too..


    Likewise, trying not to worry but no one is telling this to my rear
    If you want to be rich, never, ever have kids ;)
  • moola_3
    moola_3 Posts: 46 Forumite
    m00head wrote: »
    Icelandic bank savers await help
    By Bob Howard
    BBC Radio 4's Money Box
    Page last updated at 17:44 GMT, Saturday, 18 October 2008 18:44 UK

    http://news.bbc.co.uk/1/hi/programmes/moneybox/7677803.stm
    I await my MONEY - not "help"!
  • Excellent letter and will use same for myself. It's so reassuring to be able to communicate with others in the same boat. A great deal of advice given in this forum has stopped a fit of panic. Am still really angry.
  • bigg
    bigg Posts: 661 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    ginvzt wrote: »
    Wasn't it £10.5 last week? If so, they are loosing it!!!!

    They may even be in the red but I don’t want to spread malicious rumours.:shhh:
  • NoreenOMS
    NoreenOMS Posts: 106 Forumite
    I actually fall under 2 catorgies. I transfered a few hundred pounds on the 8th October via bacs- finanlly got it 18th Oct. I have now transferred the rest- a few thousand- so I am awaiting that to appear...
    :snow_laug
  • This is simply not acceptable

    Just come off the phone all i got was "dont know"

    I am going to be claiming compensation in addition once my funds have been transferred.,
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