manx herald article

  • Anonymous
  • unspecified
  • Offline
Posted: Sat, 06/06/2009 - 13:13

http://www.manxherald.com/index.php/business/542.html

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In flight funds

  • AJM UAE
  • 11/10/08 31/05/09
  • a depositor
  • Offline
  • Tue, 09/06/2009 - 12:40

Could someone please clarify for me what is meant in this article by the reference to 'a claim regarding a transfer/withdrawal request which was not completed before the bank went in to provisional liquidation'.

Is this a reference to 'in flight' transfers that were initiated but later returned to the bank?

Any clarification appreciated.