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Alpari.co.uk Discussion

  • #5,121
  • Mar 10, 2015 11:58pm Mar 10, 2015 11:58pm
I've chosen FSCS, uploaded the document copies, and confirmed.
Why don't I need to fill in bank account details?
Will Alpari (UK) simply pass the bank account information stored in the company to FSCS?
  • #5,122
  • Mar 11, 2015 12:25am Mar 11, 2015 12:25am
FSCS will now contact you and arrange payment
  • #5,123
  • Mar 11, 2015 1:04am Mar 11, 2015 1:04am
Till Now i didn't receive any email from alpari or KPMG regarding the clime portal.
  • #5,124
  • Mar 11, 2015 1:50am Mar 11, 2015 1:50am
Quoting tonirai
{quote} They are still processing account information - there are people that didn't have open trades that still have not received access to the portal. So there's those to process, plus all the others that had open trades. First indication they gave was that it would possibly be done by the end of the month - they will surely give an update about the status. So if you didn't receive it, you still might later. If you want to vote on the meeting, without having access to the portal, you must send the claim form, the proxy form and your last account...
is better to wait invitation from alpari to acess claim portal? i don't know the meaning of vote in the meeting because my location is in Indonesia.
  • #5,125
  • Mar 11, 2015 3:42am Mar 11, 2015 3:42am
Quoting ppc123
I've chosen FSCS, uploaded the document copies, and confirmed. Why don't I need to fill in bank account details? Will Alpari (UK) simply pass the bank account information stored in the company to FSCS?
Hi ppc123 and others, please let us know how your claim with FSCS goes. Iīm interested to know how they will pay, if by bank transfer or cheque and all the process. I havenīt assign my claim to them yet as I donīt currently leave in UK and would like to know how is the payment process.

Thanks
  • #5,126
  • Mar 11, 2015 4:31am Mar 11, 2015 4:31am
Quoting Cooltrooper
{quote} Hi ppc123 and others, please let us know how your claim with FSCS goes. Im interested to know how they will pay, if by bank transfer or cheque and all the process. I havent assign my claim to them yet as I dont currently leave in UK and would like to know how is the payment process. Thanks
By cheque.
And i don't know how can we certify this kind of cheque when we go in the bank...even about tax i don't know if this cheque is free of tax by other eu countries or how we can prove this is a refund about our past money.
myfxbook: neoxis
  • #5,127
  • Mar 11, 2015 4:42am Mar 11, 2015 4:42am
Quoting widyantoro
{quote} is better to wait invitation from alpari to acess claim portal? i don't know the meaning of vote in the meeting because my location is in Indonesia.

Your location is irrelevant. If you are a client you CAN vote if you wish to, just like everybody else.
  • #5,128
  • Mar 11, 2015 4:55am Mar 11, 2015 4:55am
Quoting neoxis
{quote} By cheque. And i don't know how can we certify this kind of cheque when we go in the bank...even about tax i don't know if this cheque is free of tax by other eu countries or how we can prove this is a refund about our past money.
Yes that is what worries me too. I made the deposits to the Alpari account from my bank account in UK and thats where I would like the funds to stay, in UK. If I receive a cheque in my current home address (not UK) then would I be able to send that cheque back to my UK bank to be paid in? I need to find out how that works!!
  • #5,129
  • Mar 11, 2015 6:20am Mar 11, 2015 6:20am
Quoting Cooltrooper
{quote} Yes that is what worries me too. I made the deposits to the Alpari account from my bank account in UK and thats where I would like the funds to stay, in UK. If I receive a cheque in my current home address (not UK) then would I be able to send that cheque back to my UK bank to be paid in? I need to find out how that works!!
Deposit by post can be arranged depending on your bank!
  • #5,130
  • Mar 11, 2015 6:25am Mar 11, 2015 6:25am
Quoting Cooltrooper
{quote} Yes that is what worries me too. I made the deposits to the Alpari account from my bank account in UK and thats where I would like the funds to stay, in UK. If I receive a cheque in my current home address (not UK) then would I be able to send that cheque back to my UK bank to be paid in? I need to find out how that works!!
Some you can even send a picture of the cheque from your phone... Like Barclays.
http://www.barclays.co.uk/MobileBank...P1242668620764
  • #5,131
  • Mar 11, 2015 6:35am Mar 11, 2015 6:35am
Quoting papamax
{quote} Some you can even send a picture of the cheque from your phone... Like Barclays. http://www.barclays.co.uk/MobileBank...P1242668620764
Wow. I had no idea that was possible. Very cool. Iīll contact my bank to find out. Thanks.
  • #5,132
  • Mar 11, 2015 7:14am Mar 11, 2015 7:14am
Quoting ppc123
I've chosen FSCS, uploaded the document copies, and confirmed. Why don't I need to fill in bank account details? Will Alpari (UK) simply pass the bank account information stored in the company to FSCS?

the amount u saw in the claim portal the same as the amount u was expecting..?
  • #5,133
  • Mar 11, 2015 10:57am Mar 11, 2015 10:57am
hello guys

i m a Client of Alpari (CHINA), i use the Claim Portal to agree my Claim. the question is , it choose "yes"-FSCS or "no" KPMG ??
i choose "no" yet , it that effect me to long time to my fund back than FSCS???

fogive me my english

thanks in advance
  • #5,134
  • Mar 11, 2015 11:24am Mar 11, 2015 11:24am
Quoting methenine
hello guys i m a Client of Alpari (CHINA), i use the Claim Portal to agree my Claim. the question is , it choose "yes"-FSCS or "no" KPMG ?? i choose "no" yet , it that effect me to long time to my fund back than FSCS??? fogive me my english thanks in advance
is there any deviation between what u expect and what they are offereing?
  • #5,135
  • Mar 11, 2015 12:16pm Mar 11, 2015 12:16pm
Quoting nAVIN2007
{quote} the amount u saw in the claim portal the same as the amount u was expecting..?
Yes, exactly the amount it should be.
  • #5,136
  • Mar 11, 2015 12:23pm Mar 11, 2015 12:23pm
Well, I had a AUDNZD trade open on the day they went broke and have heard nothing from these idiots who are supposed to be accountants.

Anyone else in the same position as me(not long AUDNZD) but not heard from them, I have a positive balance.

Asw
  • #5,137
  • Mar 11, 2015 12:26pm Mar 11, 2015 12:26pm
I need little clarification since I had an EUR account (traded on 15-16th, and planing to go with FSCS) as i understand its converted to USD at 0.861 rate and that account sum is what i will get back in USD by FSCS or there is some different calculation maybe getting money in GBP by FSCS or getting mine money in EUR since is going to FSCS and conversion rate is used just for KPMG to resolve pro rata money pool access.

I ask this meanly because i think I will get mine money in USD converted on 0.861 rate and need some clarification to mine doubts above, since i'm thinking to buy EURUSD tomorow because i think EURUSD could rebound by time i get mine money and to secure the tomorrow rate of conversion please give some good words on mine doubts.Thanks
  • #5,138
  • Mar 11, 2015 12:31pm Mar 11, 2015 12:31pm
Quoting ppc123
{quote} Yes, exactly the amount it should be.
thats good news at least
  • #5,139
  • Mar 11, 2015 12:48pm Mar 11, 2015 12:48pm
Quoting Justicio
I need little clarification since I had an EUR account (traded on 15-16th, and planing to go with FSCS) as i understand its converted to USD at 0.861 rate and that account sum is what i will get back in USD by FSCS or there is some different calculation maybe getting money in GBP by FSCS or getting mine money in EUR since is going to FSCS and conversion rate is used just for KPMG to resolve pro rata money pool access. I ask this meanly because i think I will get mine money in USD converted on 0.861 rate and need some clarification to mine doubts...
IF you go with FSCS will be EUR->USD at 1,16 spot rate (19jan) and USD->GBP (Date when fscs will made the conversion) In both way if you go through fscs or kpmg you will earn interest...cause all start from the sport rate 1,16...so if they pay us before than usd return up 1,16...we will stay all the time in earning even if our usd we gonna changed in GBP cause even gbp is taking good with usd. So it's a good profit for us in both way.

For example i have 35k € with change i have 40700$ if i go with FSCS at the change of today 40700$ becomes around 29k gbp than exchanged in EUR are around 37,8k€ So as you can see you will earn anyway.
myfxbook: neoxis
  • #5,140
  • Edited 3:20pm Mar 11, 2015 2:25pm | Edited 3:20pm
Quoting neoxis
{quote} IF you go with FSCS will be EUR->USD at 1,16 spot rate (19jan) and USD->GBP (Date when fscs will made the conversion) In both way if you go through fscs or kpmg you will earn interest...cause all start from the sport rate 1,16...so if they pay us before than usd return up 1,16...we will stay all the time in earning even if our usd we gonna changed in GBP cause even gbp is taking good with usd. So it's a good profit for us in both way. For example i have 35k with change i have 40700$ if i go with FSCS at the change of today 40700$ becomes...

I will earn if i receive that money today with today exchange rate that's why im thinking to buy some tomorrow to secure that profit and that anyway will earn can easily go against you if EURUSD goes beyond 1.16 by the time we get that money isnt it

And how I understand if we go with FSCS they will pay us in GBP ?


Update: I get mail from claim portal just now and have open trades just not involving CHF
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