CHAPS just got through

It's known that ING were re-creating the transfers from Kaupthing Edge UK that had got frozen/bounced back by RBS.

In all the confusion and rush to get everything set back up, it's possible that records some KSFIOM transactions didn't get seperated out properly crept into their file.

I'd say there's a good chance that this will be an error, and that if the bank becomes aware then they'll try to reverse it.

(Iainb, you might want to get those transfer details removed...)

I note that iainb does not appear to have been back to the site today after his 'good' news of yesterday????

I would hate to think that he, I believe the expression is, a 'troll'.

So lets give him the benefit of the doubt and toast his good luck.

According to PWC Liquidator Statement of today, Mike Simpson said that he is not aware of the release of any of the "blocked" funds todate - 24.20.2008

Sorry folks!

.... do stay on board this ship -- it hasn't sunk yet & we need all hands on deck to keep it afloat !

you must feel really happy and totally relieved. Make sure you move it to a different account asap.

If anyone else who gets their money even if not all, let everyone else know, by what means and
any other details that might be of importance. It will help everyone get the bigger picture.

Also, although this may be good news for the inflighters - it could be good news for others.
It may mean theyre slowly go through all of them and then send the rest of the 550m for
the rest of ksf(IOM) and even if most of us get something back, it will be better than having to
rely on that questionable and probably useless FSA guarantee. For the non inflighters who
didnt get actioned - I think we could also expect a a little more interest from Richard Gore.

We are going to go with him but also go with another top London Barrister that we have
connections to. When we finalise things with him, we'll ask all to join us if they want.
Good Luck to everyone
We all deserve to get our money back

Please keep us the fight for everyone

Iainb,

This may be imortant news if a second transfer has actually been received.

However you say that your friend has received funds from KSFUK - not KSF Iom or K Edge IoM.

Can you please get your friend to post the exact details of the transfer and her subsequent receipt today, as you have done plse?

If she is not a memeber can you ask her for the details and post here?

If we can confirm more then one transfer executed from KSF IOM it would indicate that your good luck was not just a fluke.

PS: It has been posted below that KSFUK / Edge / ING were making payments today.

spoke to Natwest
they confirmed transfer received and said funds cleared and available
why only me?
of interest...a friend who had a 10k transfer from KSFUK "frozen" on 7 Oct also reports that her money has appeared in her natwest a/c
but my account definitely with KSFIOM
we both have surnames starting with "B"

i still have doubts
not appropriate to celebrate until this whole sorry mess is sorted....
good luck all

Thanks iainb......... great news,

At least something has moved at last...... light at the end of the tunnel maybe?

Let's be cautious, however hope this is the first of many!

Good news - Fingers crossed it is the first of a wave of returns. I too sent a CHAPS and BACS payment but in the AM of Oct 8th. Mine also was to a Natwest Account, but to Natwest here in Jersey. I have just checked and so far, no joy.

IF the £80k received by iainb is as described an "inflight transfer" from KSF (IOM)to a UK bank then agree this is important not only for the planned legal case (as debated elsewhere HOPPER thread) but also for consideration by PWC as prov liquidators. Will Simpson as the prov liquidator be made aware as this gives credence to the arguments put forward in the technical paper Hopefully the £80k will be "secured" in the meantime as iainb would not wish to risk it being placed in jeopardy again!!

Must be a great feeling iainb!! Did anyone else have an inflight trnsfer to a natwest account? Received anything?
I called Natwest a few times but they weren't helping. Convinced one of the operators to pass me to the international transfers department but the girl there told me i shouldn't have been put through and cut me off!

Great news

Hi Iainb,
Was you account with KSF (I.O.M) or KSF (UK),,,,,,Well done by the way
thanks

one other favour, can u tell us what sort of account you had in the iom - platinum offshore, edge etc. thanks

fantastic news. good for all in flighters since this sets a precedent. please can you send your paper trail/references to Gregg Lathchams, so that they can have this on file to use as a precedent in case others do not get released
brilliant

Just checked my account but alas, my transfer hasn't found its way home. My transfer was made by BACS on the 7th Oct and remains debited from my KSFIOM account.

Was it a Kaupthing UK or a Kaupthing Isle of Man account that you had the CHAPS payment from?

Kaupthing Isle of Man does not know anything about CHAPS transfers getting through to people so I am trying to determine from which account the funds have come from.

We are receiving lots of calls from customers asking why they haven't got their funds yet.

Just to confirm that once the payment has left the Isle of Man then it is our of our hands.

If funds are being released then it is down to RBS releasing funds - not Kaupthing.

Great News - I hope that this is the start of things to come - even if it is only for some of us. PGS

PLEASE DO NOT CAST ME OUT FOR THIS - I SIMPLY WANT US ALL TO BE SURE

I have my fingers so crossed for you that I can hardly type - I do not wish to put a damper on this, but have you checked these are cleared funds?

I too have in flight money (maybe, possibly...) and the thought of it landing and then being re-called makes me sicker than if it never landed. There have been so many stories about the money in flight going onward or being returned.

I really really hope you that have the money ok and that all your other money comes home safe, same to all of us.

This is a brilliant ray for us to focus on in these dark times.

Well done !
I would call the bank, confirm it is true, then I'd move it on somewhere else, pronto, IMHO.

Congrats Iain - Just to clarify - did u send your chaps instruction at 0500 on 7 Oct? If so by what means and did KSFIOM acknowledge receipt etc?

Well done Iain I am really pleased for you. Please carry on helping the rest of us if you can

Fantastic ! I hope that we are all going to be in your position , with the money returned to our accounts very soon.

But does this have any legal repercussions for the rest of us? it might strengthen our cases.

Huh, didnt want to transfer anyway... :-)

Good shout! Something good is happening!! Lets hope its an omen..

Could someone possibly give KSFIOM a bell to ask what is happening (if they know) - i cant phone international..

Mat

Iain, are you sure? Can you check that again? Are you dreaming?

This is very surprising. Anyone else have similar good news? £80k doesn't sound like something that could just slipped through the cracks. Something must have happened. KSF UK holding accounts released?

Well done Iain. Is this the start of something?.....

Well that looks good news for those with 'in flight' transfers.

I Wished I had Done It!
Dawn