Heritable Bank plc (in administration) ("Heritable") was placed into administration on 7 October 2008 and thereafter ceased to accept any further customer deposits. On 8th October 2008 the majority of Heritable's savings accounts that were opened at or before 9.30am on 7th October 2008 were transferred to ING Direct. Savings accounts in respect of which an account opening application form and initial deposit had been received but not processed in full by 9.30am on 7th October ("pending accounts") were not transferred to ING Direct.
For pending accounts, the Financial Services Compensation Scheme ("FSCS") will assess any claims submitted for compensation. Heritable has provided the FSCS with a list of those persons for whom we believe Heritable is holding a pending account balance and the FSCS will write to those persons shortly setting out how they can make a claim. If you think that Heritable is holding a pending account balance for you and you have any questions, please call the FSCS on 020 7892 7300.
Please click here for access to FSCS website.
The Insolvency Practitioners Association authorises Patrick J Brazzill to act as an Insolvency Practitioner under section 390(2)(a) of the Insolvency Act 1986 and the Institute of Chartered Accountants of Scotland authorises Thomas M Burton to act as an Insolvency Practitioner under section 390(2 )(a) of the Insolvency Act 1986. The Institute of Chartered Accountants in England and Wales authorises Alan R Bloom and Maggie E Mills to act as Insolvency Practitioners under section 390(2 )( a) of the Insolvency Act 1986.
The affairs, business and property of the Company are being managed by the Joint Administrators who act as agents of the Company only and without personal liability.