Anyone here still banking with an Icelandic bank?

[DimPrawn]

I assume ( hope ) my money that left on Friday will make it. We live in scary times.

I've got £1 left in there.

I'm seriously now considering spending a large proportion of my savings on physical gold (eg bullion vault). Not to make money on a rising gold price (that would be nice) but to protect myself from complete bankruptcy of the UK and the total devaluation of the pound.

[snaw]

I'm seriously now considering spending a large proportion of my savings on physical gold (eg bullion vault). Not to make money on a rising gold price (that would be nice) but to protect myself from complete bankruptcy of the UK and the total devaluation of the pound.

Is there enough bullion available to accommodate your considerable requirements?

[DimPrawn]

Is there enough bullion available to accommodate your considerable requirements?

I would have thought there is if we include all your chunky chains and sovereign rings.

[chef]

more importantly..

what is Kerry Katona going to advertise now??

[Bagpuss]

Went down to 35k limit in kaupthing, then GB raised to 50k so I topped back up. Kaupthing is a UK owned subsiduary and protected by the FSA limit (check site for details). Last week (or week before) I was looking for another high interest account and Motley fool recommended Bradford and Bingley!

[snaw]

I would have thought there is if we include all your chunky chains and sovereign rings.

Yes, give me all your assets and I'll give you all my chains and rings.

I suspect at the end of that swap we'll both be in exactly the same net position

[Clippy]

Went down to 35k limit in kaupthing, then GB raised to 50k so I topped back up. Kaupthing is a UK owned subsiduary and protected by the FSA limit (check site for details). Last week (or week before) I was looking for another high interest account and Motley fool recommended Bradford and Bingley!

I have about £30k in Icesave which is protected by the FSA scheme so no point in making a bid to get it back bearing in mind they have suspended withdrawals.

The ironic thing is, I moved it from Abbey earlier in the year due to their continued poor customer service and Santander group 'appear' to be quite stable throughout this turmoil.

[rootsnall]

Went down to 35k limit in kaupthing, then GB raised to 50k so I topped back up. Kaupthing is a UK owned subsiduary and protected by the FSA limit (check site for details).

( apologies, providing amusement for others ! )

I think Gordo and Co would have a big job wriggling out of paying up but I suspect it'll be a messy process. Looks pretty clear to me that the whole Iceland setup has gone kaput.

Last week (or week before) I was looking for another high interest account and Motley fool recommended Bradford and Bingley!

I opened B&B and the transfer into it was set a week or so in advance, turned out to be the day it went BUST ! I'm relatively relaxed on this one but at the rate things are going down who knows.

[ferret]

I have about £30k in Icesave which is protected by the FSA scheme so no point in making a bid to get it back bearing in mind they have suspended withdrawals.

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?

[rootsnall]

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?

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.