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Four week wait??

I've decided to accept my endowment settlement, even though I don't make anything out of it (they will pay any early repayment fees from my mortgage lender if they arise - they won't). So I've sent in the forms accepting the deal - but now they tell me I'll get the money within 4 weeks! This seems outrageous to me - what will they be doing with it for all that time? Presumably enjoying the interest. Is there anything I can do?
£2 coin savers club: £1.49
Official DFW Nerd Club: Member no. 047

Comments

  • dunstonh
    dunstonh Posts: 120,181 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Nothing you can do. 30 days is acceptable
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • JollyNolly
    JollyNolly Posts: 375 Forumite
    dunstonh wrote:
    Nothing you can do. 30 days is acceptable

    Call me naïve, but I really can't see what the hold-up is - they've agreed to give me the cash, they've got it and my details. What's there to wait about?
    £2 coin savers club: £1.49
    Official DFW Nerd Club: Member no. 047
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