21 October 2009

Last call for the Icesave claims train


British savers caught up in the collapse of Icesave have only got a few days left to make a claim for compensation.

Just under 1,600 savers in the failed bank have yet to put in their claim for the compensation on offer from the UK government.

The Internet branch of Icelandic bank Landsbaki collapsed in October 2008, at the height of the global banking crisis. Whilst savers were not covered by the UK Financial Services Compensation Scheme (FSCS), the UK government did step in to continue their pledge that no British saver would lose any money.

Around 400,000 savers had money with Icesave at the time it collapsed, many lured by the prospect of market leading interest rates. It is thought that many of those still to put forward their claim for compensation had very small amounts with the failed bank.

The FSCS has published a list of frequently asked questions about Icesave claims at http://www.fscs.org.uk/Download.ashx?id=9758.

1 comments:

Misty Mays said...

if i were in that situation, no one would have to remind me to put in for my money.