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First Save withdraw fixed rate bonds

Southernboy
Posts: 3 Newbie
Hi
This is my first post so please bear with me.
Yesterday I followed the link to the First Save website as I was interested in one of their fixed rate bonds. The 2-year bond still shows up on MSE as a "best rate". The website showed that the 1 year bond had been withdrawn but the links to others (including the 2 year option) were still "live". However, all I got was what looked an error message irrespective of which of the remaining options I selected. The First Save customer services today confirmed on the 'phone that they have withdawn ALL of their fixed rate bonds. Clearly a very recent decision by them but I though that others may wish to know.
This is my first post so please bear with me.
Yesterday I followed the link to the First Save website as I was interested in one of their fixed rate bonds. The 2-year bond still shows up on MSE as a "best rate". The website showed that the 1 year bond had been withdrawn but the links to others (including the 2 year option) were still "live". However, all I got was what looked an error message irrespective of which of the remaining options I selected. The First Save customer services today confirmed on the 'phone that they have withdawn ALL of their fixed rate bonds. Clearly a very recent decision by them but I though that others may wish to know.
0
Comments
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I see that the First Save website has been updated to say that "Due to the success of FirstSave, new .... Accounts are currently unavailable until further notice". This appears to relate to all accounts. Has anyone else heard of a financial institution that was so succesful it made such a decision?
Should we start to worry?
_pale__pale__pale_0 -
Looks like everyone will have to head to Punjab bank instead:
http://www.pnbint.com/fixed-deposits.asp0
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