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Kaupthing Edge Chaps/Bacs Transfers NEW discussion

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  • In Martin’s 2pm update today he said it sounded if we were urgently trying to ensure the remaining Kaupthing Edge payments were made. He was right and I am pleased to confirm that all outstanding payments will leave the bank by Thursday 23 October and start arriving in destination accounts on Friday 24 October.

    We do follow the very influential moneysavingexpert.com threads and obviously recent ones have not made pleasant reading although it has been good to see reports of so many payments being received. We are pleased that we have now managed to resolve the administration issues we encountered with Kaupthing Edge and can now provide customers with what they want – certainty about when the final payments will leave the bank.

    Below is the note we have just posted on the Kaupthing Edge website:

    Kaupthing Edge outstanding payment issue resolved


    We have been working hard to clear the backlog of payments and the vast majority of these have now been made. However, there are a small number of payments which we have been unable to process so far due to administrative issues within Kaupthing Edge.

    Kaupthing Edge in the UK is being run by Administrators and we have now received their confirmation that all outstanding payments will be released by Thursday 23 October and we would expect these to start arriving in the destination bank account on Friday 24 October.

    ING Direct and the Administrators would like to apologise once again for the delay in resolving this issue.

    Your money is safe and secure and our priority remains to restore normal service to all customers.

    I'm sorry but that does not help me get my money now ! We were told that all payments would have gone through last week. Then it was today. I was PROMISED at 5:30 by one of your staff that it would be paid by 6pm tonight. Now it is later in the week.
  • cheekykid
    cheekykid Posts: 259 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    In Martin’s 2pm update today he said it sounded if we were urgently trying to ensure the remaining Kaupthing Edge payments were made. He was right and I am pleased to confirm that all outstanding payments will leave the bank by Thursday 23 October and start arriving in destination accounts on Friday 24 October.

    We do follow the very influential moneysavingexpert.com threads and obviously recent ones have not made pleasant reading although it has been good to see reports of so many payments being received. We are pleased that we have now managed to resolve the administration issues we encountered with Kaupthing Edge and can now provide customers with what they want – certainty about when the final payments will leave the bank.

    Below is the note we have just posted on the Kaupthing Edge website:

    Kaupthing Edge outstanding payment issue resolved


    We have been working hard to clear the backlog of payments and the vast majority of these have now been made. However, there are a small number of payments which we have been unable to process so far due to administrative issues within Kaupthing Edge.

    Kaupthing Edge in the UK is being run by Administrators and we have now received their confirmation that all outstanding payments will be released by Thursday 23 October and we would expect these to start arriving in the destination bank account on Friday 24 October.

    ING Direct and the Administrators would like to apologise once again for the delay in resolving this issue.

    Your money is safe and secure and our priority remains to restore normal service to all customers.

    Thanks for that. Any idea when you will begin honouring the breakage of the fixed terms by those who requested it?
    easteregg wrote: »
    I'm sorry but that does not help me get my money now ! We were told that all payments would have gone through last week. Then it was today. I was PROMISED at 5:30 by one of your staff that it would be paid by 6pm tonight. Now it is later in the week.

    You should say thank you and understand their position and what they have to go through to clear up the mess KE left.
  • In Martin’s 2pm update today he said it sounded if we were urgently trying to ensure the remaining Kaupthing Edge payments were made. He was right and I am pleased to confirm that all outstanding payments will leave the bank by Thursday 23 October and start arriving in destination accounts on Friday 24 October.

    We do follow the very influential moneysavingexpert.com threads and obviously recent ones have not made pleasant reading although it has been good to see reports of so many payments being received. We are pleased that we have now managed to resolve the administration issues we encountered with Kaupthing Edge and can now provide customers with what they want – certainty about when the final payments will leave the bank.

    Below is the note we have just posted on the Kaupthing Edge website:

    Kaupthing Edge outstanding payment issue resolved


    We have been working hard to clear the backlog of payments and the vast majority of these have now been made. However, there are a small number of payments which we have been unable to process so far due to administrative issues within Kaupthing Edge.

    Kaupthing Edge in the UK is being run by Administrators and we have now received their confirmation that all outstanding payments will be released by Thursday 23 October and we would expect these to start arriving in the destination bank account on Friday 24 October.

    ING Direct and the Administrators would like to apologise once again for the delay in resolving this issue.

    Your money is safe and secure and our priority remains to restore normal service to all customers.
    That's all well and good. But why oh why could you not have been honest from day one. As I said in my email to your people "It isn’t the delay that is making people worried and angry – it’s the contradiction between your words and deeds and the lack of up to date accurate information."


    CHAPS out 8 Oct KE - received 20 Oct A+L
    Still here for moral support.
  • theFury
    theFury Posts: 173 Forumite
    Part of the Furniture Combo Breaker
    Haider wrote: »
    still waiting for transfers:
    Alisonb1965
    truthsleuth
    Haider
    who else?

    I'm still waiting too, unfortunately. :confused:
    No more offshore banking for me :rolleyes:
  • jacara2
    jacara2 Posts: 119 Forumite
    I don't want to clog up the thread now i've got my money, but I just wanted to say a big and heartfelt thank you to everyone here.

    Unfortunately, it looks as though Jan de Wit has stuck his finger back in the dyke tonight, but I really hope that those still waiting get their money soon. A few hours ago we really thought no one even knew that we existed, so at least we know now that we were wrong about that. They are paying up dispite all our worst fears, so just hang on in there.

    Like many others, I will be checking in to see what's happening over the next few days and I am fervently wishing that all the remaining missing money will plonk into your accounts.

    Good luck to everyone.
    :beer: We are in Spain at the moment, and have to be out early in the morning but will check as soon as we get back..
    I agree with all the above from joanniepony,,,,,,,,,,,so we'll be thinking of you!!
  • drob4
    drob4 Posts: 154 Forumite
    Part of the Furniture 100 Posts
    In Martin’s 2pm update today he said it sounded if we were urgently trying to ensure the remaining Kaupthing Edge payments were made. He was right and I am pleased to confirm that all outstanding payments will leave the bank by Thursday 23 October and start arriving in destination accounts on Friday 24 October.


    Any reason why we should believe this deadline given what happened the last time you issued such a statement ???
  • Haider
    Haider Posts: 67 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    still waiting for transfers:
    Alisonb1965
    truthsleuth
    theFury

    Haider
    who else?
  • hometune
    hometune Posts: 162 Forumite
    In Martin’s 2pm update today he said it sounded if we were urgently trying to ensure the remaining Kaupthing Edge payments were made. He was right and I am pleased to confirm that all outstanding payments will leave the bank by Thursday 23 October and start arriving in destination accounts on Friday 24 October.

    We do follow the very influential moneysavingexpert.com threads and obviously recent ones have not made pleasant reading although it has been good to see reports of so many payments being received. We are pleased that we have now managed to resolve the administration issues we encountered with Kaupthing Edge and can now provide customers with what they want – certainty about when the final payments will leave the bank.

    Below is the note we have just posted on the Kaupthing Edge website:

    Kaupthing Edge outstanding payment issue resolved


    We have been working hard to clear the backlog of payments and the vast majority of these have now been made. However, there are a small number of payments which we have been unable to process so far due to administrative issues within Kaupthing Edge.

    Kaupthing Edge in the UK is being run by Administrators and we have now received their confirmation that all outstanding payments will be released by Thursday 23 October and we would expect these to start arriving in the destination bank account on Friday 24 October.

    ING Direct and the Administrators would like to apologise once again for the delay in resolving this issue.

    Your money is safe and secure and our priority remains to restore normal service to all customers.

    Great to hear payments will all be resolved on Thursday/Friday.


    Is it possible you can give us information regarding refund of the CHAPS transfer charges and lost interest. Would be helpful for everyone on the forum to know how ING intend on sorting these issues. We have been promised on the website updates on how to claim back these charges yet nothing has been announced as of yet!

    Thanks
    CHAPS 8th received 20th into HSBC A/C
    BACS on the 17th and 20th received 22nd into HSBC A/C
    CHAPS fee refunded 29/10
    I can survive any crisis - I have kids!!
  • tintin52
    tintin52 Posts: 32 Forumite
    Welcome to ING Spokesperson - better late than never and pleased you've given some concrete news to those still waiting.
    Given the conflicting information people here have had today you might want to consider giving those with transfers outstanding a single point of contact at ING because its clear that your normal Customer Service staff have struggled to cope with enquiries on this subject and have often caused more concern by appearing to give conflicting advice.
    CHAPS 7/10 RECEIVED 20/10 NAT WEST
  • well I need my money, not assurances that it will be this Friday. that's no good. we had that last Friday and look what happened. I don't feel at all well with all of this.

    I need personally contacting by Alastair Hemmings with specific ETA of my funds. Friday is way to dodgy a day. to me they'll just keep the money over the week end and there will be less of us screaming for our funds next week end.
    If you want to be rich, never, ever have kids ;)
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