Kaupthing Edge Chaps/Bacs Transfers NEW discussion

Dangle234

Can I add my name to the seemingly short list of people waiting to see what's happened to money BACS'd into a KE account?

10k transferred (funnily enough) from Lloyds TSB on the 9th Oct.

robborollover

Yeah I know youve been in the wings giving support ontherun, the funsquad will reappear when everyones got their money lol

robborollover

Dangle can i ask why you transferred money back into KE when it was in administration ?

2CBG

Just received my Chaps payment from 8th October. That's one less to worrying about. Understand there's an Icesave announcement on Friday.

robborollover

Well it seems to have gone very quiet, so I will bid farewell and see you all tomorrow for another roller coaster ride, hopefully full of glee !!

Chilledout50

2CBG wrote: »

Just received my Chaps payment from 8th October. That's one less to worrying about. Understand there's an Icesave announcement on Friday.

Well done 2CBG - i have aslo just got mine from 8/10.

Not really thinking about icesave at the moment - will turn my attention to this when all on this forum have got there money

Chilledout50

robborollover wrote: »

Well it seems to have gone very quiet, so I will bid farewell and see you all tomorrow for another roller coaster ride, hopefully full of glee !!

Good luck for tomorrow, worst case Friday is the end stop. Will log in several times throughout day and see whats happening.

Again, good luck and thanks for the humour yesterday.

Chilled

dag_2

Well - both of my payments came through today; one which was scheduled for last week, and the other which was only due today anyway. So - looks like things are getting back to normal.

The first amount is an amount I would have withdrawn anyway, even if it wasn't for the troubles, because I was hoping to use it to pay my rent. But then I admit I requested a withdrawal of another amount in fear that the same thing might happen next month too.

It hasn't escaped my attention that the Kaupthing Edge easy access interest rate is still the highest rate for no-notice no-withdrawal-penalty accounts, matched only by Egg's latest with-bonus offer. So I plan to do a few low-value test transactions over the next few weeks, both withdrawals and deposits, with both Kaupthing Edge and Egg, to see how reliable they are. If Kaupthing Edge gets back up to speed again, and ING don't drop the interest rates too far, I might put some of what I've just withdrawn back in.

Thanks ever so much to everyone who has posted on both the threads, it's been really helpful. And I hope that those of you who are still waiting won't have to wait too long.

Dangle234

Didn't realise it was in administration at that time.

I probably started the transfer the day before, didn't hear about the problems until even the day after.

smartmind

Got my money transferred to my linked account 10 days after transfer initiated. :T

Has anyone approached Kaupthing/ING about compensation? My linked account went overdrawn when the transfer failed to take place withing 3 working days. This transfer was not a panic measure and attempt to draw out all funds, but was just a normal transaction to cover money set aside to pay bills. Trouble is with it being delayed, it caused the linked account to become overdrawn. I feel it only right that compensation is paid for the account going overdrawn. I telephoned and spoke to a Kaupthingedge/ING rep and was told no decision had been made on compensation (yet).