Bank guarantees – any successes?

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This topic contains 2 replies, has 2 voices, and was last updated by Profile photo of Anonymous Anonymous 7 years, 9 months ago.

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  • #54732
    Profile photo of Anonymous
    Anonymous
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    It’s very curious – well, I’m very curious. And I think it’s something the Governor of the Bank of Spain needs to know.

    Is there anyone out there who has had their deposit/stage payments returned through the honouring of a bank guarantee? I mean just for the asking? Without having to take the bank to court?

    And for those of you who have taken the bank to court did you win?

    And when you won, did the bank pay up or did they appeal?

    And then, did you win the appeal or did the court overturn the resolution to rule in favour of the bank?

    And then what?

    In other words, are there any success stories out there at all? By success, I mean you actually have the money to which you were entitled in your own hands (or bank account) – not just a promise.

    In taking the petition to the Governor of the Bank of Spain we would like to hear of success stories if there are any. The law (Ley 57/1968) is very clear and if followed to the letter would mean no one would have to go through this long drawn out expensive way of having monies returned. He needs to know that, and to know which banks are following the rules as well as those which aren’t.

    Please post your successes on here – as briefly as poss – and the stage at which you were successful. No failures please – we have bagfuls of those!

    Thanks
    roots

  • #90116
    Profile photo of Anonymous
    Anonymous
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  • #90294
    Profile photo of Anonymous
    Anonymous
    Participant

    @roots wrote:

    It’s very curious – well, I’m very curious. And I think it’s something the Governor of the Bank of Spain needs to know.

    Is there anyone out there who has had their deposit/stage payments returned through the honouring of a bank guarantee? I mean just for the asking? Without having to take the bank to court?

    And for those of you who have taken the bank to court did you win?

    And when you won, did the bank pay up or did they appeal?

    And then, did you win the appeal or did the court overturn the resolution to rule in favour of the bank?

    And then what?

    In other words, are there any success stories out there at all? By success, I mean you actually have the money to which you were entitled in your own hands (or bank account) – not just a promise.

    In taking the petition to the Governor of the Bank of Spain we would like to hear of success stories if there are any. The law (Ley 57/1968) is very clear and if followed to the letter would mean no one would have to go through this long drawn out expensive way of having monies returned. He needs to know that, and to know which banks are following the rules as well as those which aren’t.

    Please post your successes on here – as briefly as poss – and the stage at which you were successful. No failures please – we have bagfuls of those!

    Thanks
    roots

    Hi

    I have been trying for some time to recover deposits paid on a Fadesa property on Costa Esuri – I am having no luck with the solicitor who says I have a bank guarantee but won’t tell me who it is with. In the meantime I do know of someone who had a guarantee on the same site but with a different solicitor who called on the bank guarantee and got her money back including interest. She just kept pushing until it came through. She did however know which bank held her guarantee – in the end it went through quite quickly – full return in November and interest just recently when she reminded them about that. I am fairly sure there was no court involvement.

    CES

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