are my savings safe in ING?

Paul.J.M

Yes, completely agree with you billesniper. Already been and topped up my previous KE FTD now ING and are still getting the KE very attractive rate. It seems to have all worked out for me so far.

bjorn_again

billesniper wrote: »

I have had my K.E money by BACS returned to my account, and thinking of putting it back in as ING seem to be in a strong position. Any more thoughts anyone on this. Thanks.

I think it is a good move. I have only my personal opinions to back this up but -
1. I can't believe that a major Euro Bank will be allowed to fail unless we reach Armagedon. Is'nt there a pact among European leaders saying they will not let it happen?
2. Alistair Darling could not put British savers money at risk without New Labour disappearing into the Political wilderness for decades to come. Would you trust a Chancellor or a Party that lost you your money by commission (pun unintended)?
3. The recent injection of cash into ING from the Dutch Govt. can only have made the Banking arm of ING stronger.
Lay views but it's how I see it, and I have left my money with KE/ING.

billesniper

Thanks for the positive comments, and can anybody tell me, do I just BACS a payment to my existing K.E account which I left a few pounds In and therefore didn't close?.