New Kaupthing CHAPS/BACS Transfers discussion - Friday 24th October

northernstar5

agonyaunt wrote: »

Does anyone know if it would be safe to do a transfer from my KE/ING account to my linked account as i am getting desperate for some money.

:T :T :T pleased for the others who have got there money:T :T :T

I did a small transfer by BACS on Oct 24th. It arrived in my link account within 3 business days

northernstar5

PanicButton wrote: »

Congratulations Haider and tangocharlie - enjoy!!!!!!!!!

Well done northernstar5

Thankyou anyway - but well done for what?!

Greecian

firstyferret wrote: »

Got it...it's arrived....it's there!!! Yay!
:beer: :j
KE phoned me yesterday and said I'd have it by close of business on Friday. But it's in today...even better.

Good look to everyone else!

Brilliant little ferret!! :T :beer: Have just called my bank...not a dicky bird!!

okeh

I've just noticed on the Daily Mail website that management has just bought KSF at an undisclosed price from the administators Ernst & Young.

Hopefully the "missing" payments can now get the necessary action to get them reunited with their true owners.

http://www.dailymail.co.uk/money/article-1081780/Management-steps-buy-Kaupthing-Singer--Friedlander.html

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Management steps in to buy out Kaupthing Singer & Friedlander


Last updated at 11:57 AM on 30th October 2008

From the ashes of Kaupthing Singer & Friedlander (KSF) today emerged a phoenix, in the shape of a management buyout renaming itself Singer Capital Markets.

Led by chief executive Tim Cockroft, the executives and some 70-odd staff of the mid- and small-cap investment bank have raised the money to buy themselves from the administrators without any third-party funding.

KSF was put into administration, but continued to trade, on 8 October following the collapse of its parent, Icelandic bank Kaupthing.


Today's deal for an undisclosed price has been struck with the administrators from Ernst & Young.

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ontherun_2

raspeli0us wrote: »

Rang ING last night, they said to ring kaupthing, Rang kaupthing she could not believe id been told to ring them, said nothing she could do as money was in holding with administrators and ing, Rang ING she said nowt she could do had no access to accounts, didnt know where money was.. So neither kaupthing nor ing know where money is, Her final words from ing before hanging up were and i quote " Good luck" and she laughed.. .. Wow..

Great to see that both KE & ING are taking your situation seriously...NOT!

bigg

okeh wrote: »

I've just noticed on the Daily Mail website that management has just bought KSF at an undisclosed price from the administators Ernst & Young.

Hopefully the "missing" payments can now get the necessary action to get them reunited with their true owners.

http://www.dailymail.co.uk/money/article-1081780/Management-steps-buy-Kaupthing-Singer--Friedlander.html

---

Management steps in to buy out Kaupthing Singer & Friedlander


Last updated at 11:57 AM on 30th October 2008

From the ashes of Kaupthing Singer & Friedlander (KSF) today emerged a phoenix, in the shape of a management buyout renaming itself Singer Capital Markets.

Led by chief executive Tim Cockroft, the executives and some 70-odd staff of the mid- and small-cap investment bank have raised the money to buy themselves from the administrators without any third-party funding.

KSF was put into administration, but continued to trade, on 8 October following the collapse of its parent, Icelandic bank Kaupthing.


Today's deal for an undisclosed price has been struck with the administrators from Ernst & Young.

---

Does anyone know what effect that has on Kaupthing Edge?

tuggy12

okeh wrote: »

I've just noticed on the Daily Mail website that management has just bought KSF at an undisclosed price from the administators Ernst & Young.

Hopefully the "missing" payments can now get the necessary action to get them reunited with their true owners.

http://www.dailymail.co.uk/money/article-1081780/Management-steps-buy-Kaupthing-Singer--Friedlander.html

---

Management steps in to buy out Kaupthing Singer & Friedlander


Last updated at 11:57 AM on 30th October 2008

From the ashes of Kaupthing Singer & Friedlander (KSF) today emerged a phoenix, in the shape of a management buyout renaming itself Singer Capital Markets.

Led by chief executive Tim Cockroft, the executives and some 70-odd staff of the mid- and small-cap investment bank have raised the money to buy themselves from the administrators without any third-party funding.

KSF was put into administration, but continued to trade, on 8 October following the collapse of its parent, Icelandic bank Kaupthing.


Today's deal for an undisclosed price has been struck with the administrators from Ernst & Young.

---

No real relevance to people on this forum which is about problems with ING / Kaupthing Edge.

KSF is a different kettle of fish.

bmwalker340

bigg wrote: »

Does anyone know what effect that has on Kaupthing Edge?

don't actually think it will have any effect on Kaupthing Edge, it's a different part of the bank. The company I work, for up until a year ago, banked with Kaupthing Singer & Friedlander, but we changed banks because they weren't interested as we were "too small for them" our turnover is only about £15M.

normanb_3

Replay wrote: »

Well done to all those who have received there monies. Mine was a BACS transfer on the 7th...£34679 still no sign. Are there many others of you waiting for a BACS transfer as it seems to be CHAPS is the big talking point?

Hi Replay, you are not alone.

The large transfers by my wife and myself made on the evening of 6 October were via BACS and neither payment has reached the linked account yet.

Neither is there any news that the payments are in the pipeline. We can't sleep properly at the moment because of the stress of this debacle. I don't think KE or ING Direct Directors have any sense of the damage being caused.

PanicButton

northernstar5 wrote: »

Thankyou anyway - but well done for what?!

For e-mailing Elise Brooks!