Cheques for Portman members

bristolleedsfan

baby_boomer wrote: »

Is that all ?

More than one a year!

nah some are results of other building society takeovers, and nationwides subsequent takeover of the building society that had previously taken over other building societies.

FaTB

Sorry if this question has already been asked, but I still have no idea of what I will recieve, or how the calculation has been made !!

Have looked on their website but without success.

Can anyone enlighten me as to how its calculated so I can get a rough idea of what to expect in the post ?

Thanks.

bristolleedsfan

FaTB wrote: »

Sorry if this question has already been asked, but I still have no idea of what I will recieve, or how the calculation has been made !!

Have looked on their website but without success.

Can anyone enlighten me as to how its calculated so I can get a rough idea of what to expect in the post ?

Thanks.

"What is in it for Portman members ?

Qualifying Portman members will receive one-off windfalls worth at least £200.

For savers, the merger bonus will be worth 5.75% of either their total balance at the close of business on September 11 2006, the day before the merger was announced, or of their total balance on Friday of last week (August 24), whichever is the lower figure. Bonuses are pre-tax and capped at £1,000. Borrowers with the Portman who qualify for a bonus will receive £200, pre-tax."

kazzy

cheques being sent out 17/9/07 i believe

bristolleedsfan

kazzy wrote: »

cheques being sent out 17/9/07 i believe

thats what it says on bbc page, in portman branch few weeks ago it said during 3rd week of september with a date of 21st september mentioned.

kazzy

bristolleedsfan wrote: »

thats what it says on bbc page, in portman branch few weeks ago it said during 3rd week of september with a date of 21st september mentioned.

that's what i heard from head office !!!:D

bristolleedsfan

kazzy wrote: »

that's what i heard from head office !!!:D

did head office say cheques will be posted second class, good "professional" building society swallowing practice to post out merger cheques on a friday second class so most people wont be able to pay them in until at least the following monday even if they do arrive on the saturday.

nationwide may make an allowance just in case of further postal strike disruption.

usually if u pay the merger cheque into an account with the society that the merger cheque originated from, they put it in as cleared funds as if it was cash. :j

baby_boomer

bristolleedsfan wrote: »

u could have at least thanked me for a usefull post

Break them down into societies taken over by the Nationwide and societies already taken over by societies taken over by the Nationwide and you'll have performed a public service .

Lorian

Got my cheque today :j