Anyone here still banking with an Icelandic bank?

[grey_lady]

Originally Posted by grey_lady
Bauger is behind a large number of UK retailers.

such as?
__________________

Iceland for one, Bookers, Oasis, Karen Millan, Hamleys
Somerfield, MK one, Coast, Goldsmiths, House of Fraser.

Im not saying they own 100% of all of them but they do have stakes in all
of them and more.

There's an article on the bbc today with comments from people who actually live in Iceland and apparantly people are stockpiling food because the supermarkets are struggling to import goods as the own currency goes down.

I wonder if that could ever happen here.

[ferret]

See below. I was tight wad and didn't use CHAPS. I'll be fairly interested to see what lands in my RBS account tomorrow

REYKJAVIK, Oct 7 (Reuters) - Iceland has dismissed the board of directors of Landsbanki and has put the Icelandic bank in receivership, a minister told state radio on Tuesday. Commerce and banking minister Bjorgvin Sigurdsson said the move was made in cooperation with Landsbanki and the bank would be open and run as normal while the changes were taking place. Sigurdsson said Iceland’s Financial Supervisory Authority had put its own people in place of the bank’s board. Late Monday, Iceland adopted sweeping powers over its battered banks as its financial system tottered and its currency plunged.

Was just about to post the same:
http://www.reuters.com/article/rbssF...00564820081007

No smoke without fire?

Says the bank running as normal so have fingers crossed your cash will come through. What a total nightmare.

[Bagpuss]

Unlike Icesave, Kaupthing isn't on the passport scheme, it's the same as having it in a UK bank protection wise.

[rootsnall]

Unlike Icesave, Kaupthing isn't on the passport scheme, it's the same as having it in a UK bank protection wise.

I think you'll be OK.

I'm scared I'll end up in limbo, I logged in this morning before the site went down, its gone from Icesave, not in RBS, should be fun

[DimPrawn]

DP - you still got your Kaupthung account?

I have never used any Icelandic banks.

My (savings) money is spread between:

Satander
HSBC
CitiGroup (Captial One)
Anglo Irish Bank
Nationwide
Northern Rock

All times 2 (Wife and I).

[DimPrawn]

Unlike Icesave, Kaupthing isn't on the passport scheme, it's the same as having it in a UK bank protection wise.

Wouldn't like to test this out though. How long would they take to pay out? 100 years?

[BrilloPad]

I have never used any Icelandic banks.

My (savings) money is spread between:

Satander
HSBC
CitiGroup (Captial One)
Anglo Irish Bank
Nationwide
Northern Rock

All times 2 (Wife and I).

£1 in each?

[Clippy]

Yeah but it is on the passport scheme so something like the first £16k is guaranteed by the Icelandic government. Not much cop if the whole country goes under eh?

Took out me and Mrs Ferrets dosh each on Friday night, used CHAPS (cost £30 each) but the money landed yesterday

DP - you still got your Kaupthung account?

From BBC News yesterday:

"Iceland will also offer an unlimited guarantee for all bank customers' savings accounts".

I think If a whole country goes under, then its curtains for everyone so am banking (no pun intended) on the Icelandic govt. sorting this sh!t out.

[DimPrawn]

From BBC News yesterday:

"Iceland will also offer an unlimited guarantee for all bank customers' savings accounts".

.

Actually they are not offering that 100% guarantee to UK customers. Only to Icelandic customers. UK customers must use the passport scheme and only up to £50K.

[Clippy]

Actually they are not offering that 100% guarantee to UK customers. Only to Icelandic customers. UK customers must use the passport scheme and only up to £50K.

It is two schemes each offering 100% of your deposit upto £50k.

Why couldn't these fukkers stick to what they know - fishing!