W
Wardy7
Guest
There was a principal reduction on ours as well as the refund, combo & financial advice, but that’s PTSB.
Hi all
As I said earlier,I'll give you details of my letter received from BoI
So... there's few pages explaining interest charged vs interest that I was supposed to pay
Then I have an overpaid total (A). At this was added 5% as interest BoI will pay to me to reflect time value of money(B).. Added A & B then apply 10% as compensation for the bank failure(C).. Plus €250 towards costs for independent advice,if I wish to get it
There's 3 options for refunding... into mortgage acc. into current acc .. or into a different acc.. Have up to 6 mths to decide,or money go into mortgage account
I took mortgage with ICS on Ian 2005... fixed rate Apr 2006 to Apr 2009... I was supposed to get the tracker rate from Apr 2009.. never been offered
There's two forms to sign and send back... one re payment method and one Mortgage Form of Authorisation (MTA)
MTA... sign and return this form to acknowledge and accept the rate change we have already applied to your mortgage
Hope this helps someone
No trs deducted on mine..Just curious. Those who got their letter recently...was your TRS deducted from your compensation amount?