Anyone here still banking with an Icelandic bank?

[DS23]

now the tulip really is going to hit the fan. watch as everybody starts pulling their savings from everywhere. going to be some very fat mattresses.

[Bumfluff]

Looks like the compensation schemes are going to be tested

http://news.bbc.co.uk/1/hi/business/7656387.stm

**** bad really bad Anyone else here who have used ICESAVE, I transferred cash out on Sunday evening, when do you think I should see it in my account if its going to turn up ? Its shows as processed on the 6th Oct in the ICESAVE statement and is not on my balance.

[DS23]

how much is missing?

[Bumfluff]

how much is missing?

Enough to make me consider throwing myself off the top of the office

[chef]

flip bad really bad Anyone else here who have used ICESAVE, I transferred cash out on Sunday evening, when do you think I should see it in my account if its going to turn up ? Its shows as processed on the 6th Oct in the ICESAVE statement and is not on my balance.

if its a standard transaction then 2-3 working days after it was processed, maybe call your bank and ask if a payment is pending payment or being processed

[Pickle2]

flip bad really bad Anyone else here who have used ICESAVE, I transferred cash out on Sunday evening, when do you think I should see it in my account if its going to turn up ? Its shows as processed on the 6th Oct in the ICESAVE statement and is not on my balance.

Processed on monday, should clear into your nominated account end of day wednesday. Im not sure how BACS will treat pending payments from icesave now to be honest. If its not there by thursday night, it probably wont turn up and you will have to try and claim back from insurance scheme.

[AtW]

And I was warning about possibility of banks in the UK falling over

[DiscoStu]

And I was warning about possibility of banks in the UK falling over

Haven't you got SKA work to do?

And it isn't a UK bank...

[Xenophon]

http://www.fool.co.uk/news/your-mone...in-crisis.aspx

Sometimes I find their advice (fool.co.uk) a bit iffy, but this seems to sum up the claiming process for Icesave. Bit of a pain mind you.

[AtW]

And it isn't a UK bank...

Yes it isn't UK bank just plenty of UK savers used it for attractive high interest rate...