Godanubis
Member of DD Central
Anubis is known as the god of death and is the oldest and most popular of ancient Egyptian deities.
Posts: 2,011 
Likes: 1,013
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Post by Godanubis on Mar 6, 2018 22:06:36 GMT
Sorry, but I'm still with doom and gloom anything else is a bonus. Indeed micky some of us just can't help it!  ''A pound in the bank is worth two in Collateral'' (and maybe much more!) I will alter that view when I actually see see a pound or two and more back in my bank account, amounting to at least 50% of my investment. So no happy pills for me here. I shall however drown my sorrows in super cider, for the next few weeks at least, but when minimum pricing kicks in thanks to the killjoy Scottish pretend 'parliament', I don't know what I shall do. Get your "swally" quick before they take away all your money in extra Tax from April
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southport
Member of DD Central
Posts: 125
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Post by southport on Mar 7, 2018 11:08:06 GMT
As I said, it is all starting to happen behind the scenes and get up and running again and it couldn't be going better in the circumstances then if we waved a magic wand and wished for it. I do think that a lot of the postings on here are doom laden and rather pointless, worst case stuff and really everybody should be relaxing and leaving it all to the excellent administrator who is really getting on top of things in super quick time and has already given us plenty of assurances to ensure we sleep soundly at night. Let's just sit back and wait for the good news to pour in rather than spending our days typing out posts about the worst that could happen. I came across this image and to my mind it it just sums up the posts by GeorgeT. in fact maybe it is GeorgeT? 
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Post by dan1 on Mar 9, 2018 9:32:01 GMT
I also got a deposit notice (with the usual blurb which needs taking off the email) just before 2pm today, having made a transfer at 1850 on black Monday last week, so definite evidence of her doing the reconciliations this week as previously stated........of and in itself this has to be a good thing (albeit a tiny one). I too got a deposit notice just before 2pm this afternoon, crediting me with £1. However in my case I have made no deposits for about 3 months and I have never deposited the sum of one pound. I suppose it is free money as part of the website recovery process. I wish it was more but still a pound's a pound! What will tomorrow bring? Hi polonius , I was just looking at these deposit and referral notices that people appear to have received (hopefully as part of the account reconciliation process). Anyway, I think you may have forgotten that you sent a £1 test deposit on 28 Feb... Note in my online banking the payee entry for Collateral has been deleted suggesting the "Collateral Client Money Account" at Santander has been closed with the BACS system deleting payees to prevent misdirected payments. Perhaps the bank initiated the closure as part of FCA approval lapsing. It was not that long ago there was short notice move from Natwest to Santander. Well I have just made a token £1 payment from my Lloyds account to Collateral Client Money Account at Santander. The transaction completed as normal. Perhaps the problem is with your (unnamed) bank?
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withnell
Member of DD Central
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Post by withnell on Mar 9, 2018 11:03:04 GMT
One would assume that with deposits being processed that the Administrators have gained control of the bank account and everything reconciles.
As they have stated that the lender funds account is being treated as a ring-fenced client account, does this not put them in a position to begin returning funds back to lenders?
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archie
Posts: 1,838
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Post by archie on Mar 9, 2018 11:24:11 GMT
One would assume that with deposits being processed that the Administrators have gained control of the bank account and everything reconciles. As they have stated that the lender funds account is being treated as a ring-fenced client account, does this not put them in a position to begin returning funds back to lenders? My guess would be the administrator found a difference between the amount in the client account and the cash balances shown on the system. They would have run the deposit processes to correct this. Whether they will automatically refund all the cash balances or reinstate the website, so we can action the withdrawals, remains to be seen.
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