Reply to: Anyone here still banking with an Icelandic bank?

[AtW]

Finally got my second email today and made my claim, I should have the £ back Monday or Tuesday

HMRC visiting me

[Bumfluff]

I received my second email yesterday and promptly transfered my money over. The process was very easy.

Finally got my second email today and made my claim, I should have the £ back Monday or Tuesday its going to be a good weekend

Thanks everyone for chipping a few quid in

[Badger]

I received my second email yesterday and promptly transfered my money over. The process was very easy.

[BrilloPad]

http://www.telegraph.co.uk/news/worl...customers.html

Iceland close to reaching compensation deal for UK Icesave customers

Prime minister Geir Haarde said significant progress has now been made on compensation for foreign customers of the internet bank, which collapsed when its Icelandic parent company, Landsbanki, was nationalised last month.

"We are moving towards a solution of the Icesave dispute and assume that a temporary accord will be reached," Mr Haarde said.

Reykjavik was forced to apply for an emergency $6bn (£4.1bn) loan brokered by the IMF after its currency and banking system collapsed last month. The first $2.1bn would be provided by the IMF itself, with another $3.9bn coming from EU and Nordic countries.

However, the IMF has delayed voting on the bail-out package several times because Iceland cannot agree on how it is going to repay UK and Dutch customers of Icesave.

Iceland's foreign minister Ingibjorg Gisladottir said the state has now accepted its minimum liability of €20,887 (£18,000) for each Icesave account, after the government originally said domestic customers would be given priority. "We are isolated when all 27 EU member states agree that we have to reach an accord on Icesave," she said.

The Government's promise came hours after Björgólfur Gudmundsson, the former chairman and biggest shareholder of Landsbanki, claimed the sale of the bank's assets alone would be enough to compensate every Icesave account holder.

Mr Gudmundsson said Landsbanki's assets before it was nationalised were worth more than twice the value of deposits. The assets are now worth only 50pc of their original value, but will still be sufficient compensation for account holders, he added.

Icelandic newspapers are reporting that Landsbanki's assets are worth between $6.6bn and $8.7bn. The total value of money in Icesave accounts is $3.7bn, according to Ms Gisladottir.

[chicane]

Ferret and others with £ in ICESAVE anyone recieved there second email yet to iniate claim ? I havent got mine but it seems they are comming through now.

No second email here yet. I think the FSCS are giving themselves until around the beginning of December to send out the full set of second emails.

[Bumfluff]

Ferret and others with £ in ICESAVE anyone recieved there second email yet to iniate claim ? I havent got mine but it seems they are comming through now.

[Badger]

Mrs has had her email from FSCS but I have not had mine yet. We had the same amounts in there so am sure mine will come through in good time. Advice somewhere was to wait until Friday and if not had email by then to call them.

I got my email yesterday, Hotmail classed it as spam and placed it in my Junk folder, might be worth checking there.

[ferret]

I heard they were ready for action, the money is in the Mrs name and no emails as yet !? Sounds like they will pay it out via the usual website.

Mrs has had her email from FSCS but I have not had mine yet. We had the same amounts in there so am sure mine will come through in good time. Advice somewhere was to wait until Friday and if not had email by then to call them.

[DodgyAgent]

The question is, (very "on topic" I know ) but were any contractors caught by the Icelandic Banks collapsing?

[rootsnall]

Woohooo looks like end of the month I will have £ back, recieved my first email contact from FSCS today regarding repayment

I heard they were ready for action, the money is in the Mrs name and no emails as yet !? Sounds like they will pay it out via the usual website.

[BrilloPad]

Woohooo looks like end of the month I will have £ back, recieved my first email contact from FSCS today regarding repayment

[NickFitz]

Woohooo looks like end of the month I will have £ back, recieved my first email contact from FSCS today regarding repayment

Congrats BF

Don't spend it all on drink... well, not until the CUK Christmas do

[AtW]

Woohooo looks like end of the month I will have £ back, recieved my first email contact from FSCS today regarding repayment

Did they ask you to pay transfer fee of £2000 so that they could action bank tranfer?

[Bumfluff]

Woohooo looks like end of the month I will have £ back, recieved my first email contact from FSCS today regarding repayment

[Ivor Bigun]

Its comming home to daddy

When it hits the my account it's going to be time for some 'serious' retail therapy

Mate, cruel to be kind here....

Retail Therapy? What a crock of Sh*t. This is your second mistake and you're learning nothing from the experience.

First, you take your eye off the ball about your finances.
Now, you're mindful to "spend before you get it". a bit premature don't you think?

OK, lets say you get it back and you spend a few £K on odds and sods.
After a few weeks, thi "retail Therapy" feeling will rub off and you will have less money.

Consider this - If the money had been in another safer bank, you probably wouldn't be driven to "spending" it now?

The lesson learned should NOT be "lets spend it while I've got it".
It should be, what it always ever should be.
"How do I grow this and keep it safe so I'm free"

Get a grip lad.

Glad for you though