30 JUNE 2010

Depositors Compensation Scheme

The Isle of Man Depositors Compensation Scheme has updated its website. A new facility has been provided to allow DCS claimants to view the transactions on their claim account. This may be accessed from the appropriate link on the Claimant Summary using existing logon details.

Importantly, the Scheme Manager has stated that no new claims will be accepted by the DCS after 27 November 2010. This represents an absolute cut-off date. Further details can be found at www.dcs.im.

Any depositors of KSFIOM who have not yet submitted a claim to the DCS and for whom it would be beneficial to do so are urged to submit their claim as soon as possible so that they can receive the payments to which they are entitled.


As previously, the best way to make contact is to write to the bank or email branch@singers.co.im. If you need to telephone the bank, please use the main switchboard number +44 1624 699222.


Mike Simpson

Joint Liquidator