We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

NS&I Guaranteed Income Bonds withdrawn

From the NS&I announcement:

"Postal applications received for a reasonable period will be honoured."

Any idea what they might mean by that? What is a reasonable period?
Postal application they received today, Friday?
Next Monday? Next week? Two weeks?

Comments

  • eskbanker
    eskbanker Posts: 40,803 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I'd assume (without any evidence!) that they'd probably mean those postmarked before the announcement....
  • Eco_Miser
    Eco_Miser Posts: 5,065 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    ... or just after, as in 'already posted but not yet postmarked' at time of announcement.
    Eco Miser
    Saving money for well over half a century
  • Franco_OK
    Franco_OK Posts: 11 Forumite
    Part of the Furniture First Post Combo Breaker
    Thinking this through, the deadline might be a little more generous.  Imagine somebody posted their application second class on Wednesday night - there's a strong chance that's still on its way.  NS&I would have to be pretty hard to reject an application like that.   
    Also bear in mind that a sizeable percentage of letters aren't postmarked for various reasons.  Even some printed postal labels don't have a date on them.  Maybe it's more likely NS&I look at the date the application was signed?

    I think I'm answering my own question here! 
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.4K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604.1K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.