FSCS/Icesave EMAIL WINNERS?

oldagetraveller

Wouldn't it be nice, though, if there are any last minute glitches and delays, for the FSCS to update their website and keep people informed?
From what I've seen on another thread, ING/KE have failed to keep customers up to date, all they spew out is "spin" and it would appear the FSCS are just the same.
I've no doubt it's all going to happen but a bit of genuine, up to date info would help.

LGG_2

Which is different from what they told working lunch! On today's programme they spoke about Icesave and the lady said she had just spoken to them and been told that the letters would be going out early this week and that people would be starting to get at their cash by the end of the second week in November?


i saw that today but TBH i think the ppl at working lunch were just repeating what we told on or around the 24th. for one i cant believe that ppl are still aksing as to whether ISA's will still keep their tax free status as working lunch claimed someone had contacted them about. i think they were just filling a couple of minutes by repeating the same ole info.

annoying if theres another delay.would be nice if they put it on their website. im losing over a £100 a month in intrest at them mo. but nothing we can do and things could be alot worse. thought it was running abit to smooth

harrowing_3

LGG wrote: »

Which is different from what they told working lunch! On today's programme they spoke about Icesave and the lady said she had just spoken to them and been told that the letters would be going out early this week and that people would be starting to get at their cash by the end of the second week in November?


i saw that today but TBH i think the ppl at working lunch were just repeating what we told on or around the 24th. for one i cant believe that ppl are still aksing as to whether ISA's will still keep their tax free status as working lunch claimed someone had contacted them about. i think they were just filling a couple of minutes by repeating the same ole info.

annoying if theres another delay.would be nice if they put it on their website. im losing over a £100 a month in intrest at them mo. but nothing we can do and things could be alot worse. thought it was running abit to smooth

Great, and a third answer to the telegraph it seems - The "vast majority" repaid before end of november http://www.telegraph.co.uk/finance/personalfinance/savings/3370578/Bleak-times-for-Iceland-savers.html

LGG_2

new info.......................................

Icesave payout process gets underway this week, says FSCS (3 November 2008)

The Icesave payout process will start this week for UK depositors in Icesave, the internet retail deposit business of the UK branch of Landsbanki, the Financial Services Compensation Scheme confirmed today.
FSCS is finalising arrangements for a system that means depositors of the bank will be able to receive their savings through an electronic payment into their established nominated accounts. This will happen in stages, with the first email expected to be sent over the next few days. FSCS will then begin sending second emails to customers, in phases, with a view to starting compensation payments in the second week of November as planned.
The second email will provide instructions on how depositors can log on to their existing Icesave accounts to complete a short electronic process allowing them to receive their compensation. The process is being phased to manage the flow of payments through the system and for security reasons. The process will only take a short while for depositors to complete and will enable them to see their money transferred to their established nominated accounts within five working days using the BACS system.
FSCS expects to offer compensation to the vast majority of depositors with Icesave during November.
Icesave customers are asked to note that no one from FSCS will contact them by phone or email to ask for or check their bank account details.
Any Icesave customers who do not receive their first email from FSCS by close of business on Friday should contact FSCS on 0845 7300 131 (Icesave enquiries only).
For more information, please check our website or call our helpline on 020 7892 7300. You can also look at our frequently asked questions relating to Icesave.
Please note that due to higher than usual demand it may take us longer to answer your calls and emails. We apologise for any inconvenience this may cause.




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oql61

Update on FSCS website:

First email expected to be sent out within the next few days. Second email to be sent out in phases. Compensation payments starting second week of november. If any one has not received first email by COB on friday they should contact the FSCS (telephone number given).

I think perhaps people should stop ringing them and receiving misinformation that makes everyone jittery.

noh

oql61 wrote: »

Update on FSCS website:
.............

http://www.fscs.org.uk/consumer/

Primrose

Can anybody advise if any interest has been added to any fixed term accounts which arn't due to mature until next year, or whenever?

redcar_2

Primrose wrote: »

Can anybody advise if any interest has been added to any fixed term accounts which arn't due to mature until next year, or whenever?

Have you logged in to see?

My monthly interest ones have had interest added.

isofa

Primrose wrote: »

Can anybody advise if any interest has been added to any fixed term accounts which arn't due to mature until next year, or whenever?

If you read the various threads on Icesave and log in to your Icesave account, you'll see interest has already been paid and made up on the accounts, to 7-10-08, interest paid on 10-10-08, including the fixed terms...

SephirothX

My cleared balance is still £1800 below my processed balance. I hope this doesn't cause issues.