Predicting when the Icesave compensation will happen...

IcesaveWizard

Hello,

I transfered a single ISA to IceSave several months prior to it's collapase.

I have been very relaxed about receiving trhe compensation as I first heard that al the money would be repatriated by the end of November 2008.

I have recently heard that this deadline has slipped to the end of Decmber 2008.

I am in urgent need of receiving the money.

I have read the satement on the icesave site which explains about the two emails.

I have no however recieved ANY emails, not even the first email, let alone the one which informs you that the money is now ready to be transfered out.

Have I got to do anything proactive to speed up the reciept of my money or is it purely a case of waiting and hoping?

Is there any more information on dates of finally recieving the compensation.

Many thanks

Stuart Ray

jem16

IcesaveWizard wrote: »

I have read the satement on the icesave site which explains about the two emails.

Have you contacted the FSCS about not receiving any emails?

Have I got to do anything proactive to speed up the reciept of my money or is it purely a case of waiting and hoping?

Is there any more information on dates of finally recieving the compensation.

Many thanks

Stuart Ray

Read the FAQs first;
http://www.fscs.org.uk/files/documents/pdfs/hwcpsfdyckkfdzm.pdf

Also log in to your Icesave account and see if you can initiate your claim. Most people have now received their 2nd email.

danielkian

I've had my cash for 3 weeks now(thank goodness), but as yet, no certificate. Anyone else in this boat?

IcesaveWizard

danielkian wrote: »

I've had my cash for 3 weeks now(thank goodness), but as yet, no certificate. Anyone else in this boat?

Sod the certificate, I just need the meney ASAP for spending!!

Anyway, thanks for the information from the previously poster - why couldn't they link such a useful docuent from the icesave.co.uk site, huh? Very useful doc. I' going to email [EMAIL="Icesave@fscs.org.uk"]Icesave@fscs.org.uk[/EMAIL] and see what happens, if anything!!

Stuart Ray

SGE1

People are saying the certs should be expected around late December, now.

oldagetraveller

SGE1 wrote: »

People are saying the certs should be expected around late December, now.

Yes, I 'phoned the FSCS on Friday and they confirmed this. Now moved my ex Icesave ISa funds to a higher interest account in the interim. Actually the net rate for the account my ISa cash is in is better than most current tax free ISa gross rates! I might just leave it there until nexrt March!

SGE1

oldagetraveller wrote: »

Yes, I 'phoned the FSCS on Friday and they confirmed this. Now moved my ex Icesave ISa funds to a higher interest account in the interim. Actually the net rate for the account my ISa cash is in is better than most current tax free ISa gross rates! I might just leave it there until nexrt March!

Exactly - I'm in no rush to get the certificate, given how rubbish ISA rates are at the moment.