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Kaupthing Edge Chaps/Bacs Transfers NEW discussion

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  • POR_2
    POR_2 Posts: 30 Forumite
    F**k me, give it a rest. There are loads of us here who did CHAPS and waited longer than BACS people, not just you.

    I'll pay your interest and £20 CHAPS fee as long as you shut up about it. Send me your account number and sort code and how much interest you are out for the 12 days you have waited.

    Edited to added: As I mentioned a few days ago, I defy anyone to claim they were thinking about CHAPS fees and lost interest when we all scrambled to get money out of a rapidly sinking Kaupthing Edge. Most of the accounts that we wanted to transfer money to pay a big fat 0% anyway. Add the days in transit for the money back out to Northern Rock or wherever and the actual lost interest is b*gger all. If I get mine back from ING, it's going to charity. Every penny.

    OOOOOOHH .................. BIG BOY :T
  • Feeling more comfortable now than any any other time in the last month. I have over xyzK in KE and have been one step away from a cliff edge I can tell you! You think this is my own bloody fault, you shouldn't have been so stupid and you just want to cry and cry.

    I've never been in a situation before like this and thank God won't ever be again. I've taken great solice from this group of brothers and sisters and I don't know how I can thank you all ever enough. Well not all of you but I can't see his messages anymore! - 99.99% of you. Thanks Mates!

    Martin and his team - without this board we'd have been stumped and there would have been a lot more anguish and dispair. Your help today undoubtably led to ING / Administrators deciding to produce a final deadline which I for one will be only too glad to reach.

    Well done everyone


  • 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....



    Why oh why did you not say this.......we'd have stopped worrying.....not making us aware of these problems...only lets the imagination rip........all manner of things come to mind.......it is not enough merely saying your money is safe with ING.....Icsave said the same, KE said the same, Northern Rock said the same, Br and Bing did too!
    ....Illegitimi non carborundum

    ...don't let the illegitimate ones grind you down....
  • bigg
    bigg Posts: 661 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    This should help the list compilers and other posters know what your situation is and will save the need to keep posting your latest update. Just keep your signature updated:

    Click: User CP
    Click: Edit Signature

    Enter your Success/ Failure story e.g.
    CHAPS OK
    CHAPS X 7/ 8
    BACS OK
    BACS X 9
    CHAPS OK LLOYDS/ TSB 8-20 Oct. 08
    CHAPS OUT 8 - RECEIVED 20 OCT - A&L
    (As many or few details as you like. I prefer to keep my amount private)

    Click: Save Signature

    The info will appear every time you post, under your text.



    Like this:
  • Haider wrote: »
    still waiting for transfers:
    Alisonb1965
    truthsleuth
    theFury
    Haider
    who else?

    Yes, you can include me - unfortunately
  • POR wrote: »
    OOOOOOHH .................. BIG BOY :T

    You're welcome. I mean, anyone with £50k in KE is looking at around £200 per month of interest after tax, right? 12 days of that is around £70. Add £20 of CHAPS and you don't even get past £100 as a total.

    If KE had phoned any of us with £50k when we tried to take money out 6/7/8 October and said "you CAN have your money now but we'll need £100 off", who would have said no?

    My view: Those stressing about interest and CHAPS have a strange set of priorities but that's just me.
  • Alisonb1965
    truthsleuth

    theFury
    Stonehands
    PanicButton
    KungFuPanda
    sph1971sph
    timkevan
    Haider
    easteregg
    Mark99
    Ericd
    Ippylady
    Drob4
    DESPRO
    Bakerlouise
    Kate Davidson
    Rogcay
    genny
    Biminibob
    ROBBOROLLOVER
    made2fade
    cVCR
    HGLTsuperstar (and mum)
    fresh57
    Chilledout50
  • I'm a very senior citizen and have been amazed at the way people on this forum have supported each other (and me) over the last couple of weeks. It proves the truth of the saying that nothing brings out the best in us like common adversity. Quite took me back to the dark days of the 40s when our livelihood was also under threat.

    I'm sure many of us, identified or silent, are alone and its extremely heartwarming to know we can reach out in this way when there's a common threat. Just want to say thank you from the bottom of my heart.
  • SteepPip
    SteepPip Posts: 144 Forumite
    dag wrote: »
    SteepPip saysCorrect me if I'm wrong anyone, but I was under the impression that if you had a fixed-term deposit, then, on maturity, the deposit plus the interest it had earned would simply be added back to your easy access account.

    If that's right, then KE / ING wouldn't have tried to pay it back to you unless you had specifically asked them to close the easy access account, or asked for a withdrawal.

    Have we misunderstood what you were asking?

    Still - now that the payment difficulties have happened, personally I think it wouldn't be a good idea to make any more withdrawal requests until it's all died down, unless you're really in a hurry to get the money soon.

    Sadly I was hugely naive with all this, and contacted KE on Wednesday 08 October, and asked them to close my account early and CHAPS the payment, I have sadly been assured along with everyone else that this would happen, until recently when I was told that as I had closed it, I would be on a different list. I would like to thank you for responding to me though. Any further answers will be well received.
    Money requested 08/10, left KE 22/10 - Arrived 24/10
  • bigg
    bigg Posts: 661 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Following the problems in the sub-prime lending market in
    America and the run on HBOS in the UK, uncertainty has now
    hit Japan. In the last 7 hours Origami Bank has folded, Sumo
    Bank has gone belly up and Bonsai Bank announced plans to
    cut some of its branches. Yesterday, it was announced that
    Karaoke Bank is up for sale and will likely go for a song,
    while today shares in Kamikaze Bank were suspended after
    they nose-dived.

    Samurai Bank is soldiering on following sharp cutbacks,
    Ninja Bank is reported to have taken a hit, but they remain
    in the black. Furthermore, 500 staff at Karate Bank got the
    chop and analysts report that there is something fishy going
    on at Sushi Bank where it is feared that staff may get a raw
    deal. Tsunami Bank has been hit by a wave of bad debts, and
    it is understood that the numbers at Sudoku Bank just
    don't add up.

    Satsuma Bank is apparently going to be restructured by
    being broken up into smaller segments, and rumour has it
    that Koi Bank has been netted by a major foreign competitor.
    Meanwhile shares in Judo Bank have been thrown into turmoil
    and are likely to hit the floor soon following an
    announcement from Hara-Kiri Bank that it was going into
    voluntary liquidation.

    Management at Rickshaw Bank have asked all the staff to
    pull together to get through this difficult time. Plans for
    recapitalisation at Kimono Bank remain under wraps.

    Further news as we get it. :rotfl:
This discussion has been closed.
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