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SVS Securities - shut down?

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Comments

  • My2penneth
    My2penneth Posts: 807 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    Leonard Curtis had a face to face meeting with ITI capital today (August 3rd) and should shortly give an update on their (LC's) website.
  • I’ve also heard nothing, apart from the ‘48 hrs....’ emails. No invite to ‘onboard’, nothing.
    Leonard Curtis and ITI have really made a mega !!!!!! up of this, despite being paid vast sums in fees and drawing it out for a year.
    Perhaps the threat of a reverse transfer en masse would get them thinking?
  • pafpcg
    pafpcg Posts: 931 Forumite
    Tenth Anniversary 500 Posts Name Dropper
    edited 3 August 2020 at 6:30PM
    ITI email: "What happens next"  circulated at 17:46  - changes [almost] everything!  Option to withdraw with no need to create ITI account/ID etc!  That's my quick interpretation - looks like LC have understood our complaints & read the riot act to them!

    I must have been in the last batch - I looked at my temporary account this afternoon and the holdings looked correct.  I have concerns about their terms of business and sent them an email saying "what if we say no?" - 30 mins later out comes this ITI email which answers my question!

    Update:  One downside to an immediate transfer is that we'll get no chance to withdraw cash before transferring equity holdings to a broker, but that's a price I'll accept. No details on what ID documents ITI will demand.
  • Nbs222
    Nbs222 Posts: 127 Forumite
    100 Posts Second Anniversary Name Dropper
    edited 3 August 2020 at 6:23PM
    It looks like for people choosing "NO"  can have their assets (stock) transferred  by ,asking  their broker to initiate a transfer request and send it to accountmanagement@iticapital.com.
  • shiznit76
    shiznit76 Posts: 233 Forumite
    100 Posts Second Anniversary Name Dropper
    anyone having problems loging in tonight?
  • My2penneth
    My2penneth Posts: 807 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    I reckon it would be better to on board with ITI Crapital now and that at least will give you access to your accounts to withdraw cash/buy/sell within the next few days (he says optimistically). 

    If you say "no", then it all goes back into a black hole awaiting ITI handling of the matter...... 
  • My2penneth
    My2penneth Posts: 807 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    edited 3 August 2020 at 6:46PM
    shiznit76 said:
    anyone having problems loging in tonight?
    No , I've just logged in at 6:40pm
  • shiznit76
    shiznit76 Posts: 233 Forumite
    100 Posts Second Anniversary Name Dropper
    anyone else having issues when trying to create a ticket with support? Can't get it to send.

    Don't suppose anyone else is having a similar problem with wrong share price showing for a company also?

  • My2penneth
    My2penneth Posts: 807 Forumite
    Fourth Anniversary 500 Posts Name Dropper
    The share prices shown are not valid.
  • Sheris
    Sheris Posts: 208 Forumite
    100 Posts Second Anniversary Name Dropper
    MK62 said:
    The big question - will we get to a full year with no access...we are pretty close!!
    Already passed the year mark......thread was started at 7:05am on 3rd Aug 2019...... :(

    I knew it was close.....doesn't time fly by when you are having fun!........  
    This is more than fun, its a circus full of clowns  
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