Turn to the experts for piece of mind
Buying property can be one of the most stressful processes you will
ever face. Buying property abroad adds new dimensions to an already
complicated process. Whether you have already found the house of
your dreams, or you are still looking, then we at ICN can help make
the dream a cost effective reality.
Our up to the minute trading facilities and years of experience in the currency market
allow us to offer you unbeatable variable and fixed exchange rates,
making the most of your money. There are no hidden charges and no
expensive premium fees.
We aim to make the whole process as stress free and cost effective
Just read our buyers guide to see how easy it could be.
Step by Step guide
1. Know your Options!
Before you decide on a property talk to our team. We can provide
with vital information and advice so that when you find the ideal
home you are ready to move. Our advisers can explain current market
movements and provide you with an idea of exactly how much you will
get for your currency allowing you to budget and plan more
2. Open an ICN account
Open a no obligation, free, account with ICN and let us start
working for you immediately. Opening an account allows you to take
immediate advantage of our market expertise and enables you to take
full advantage of currency fluctuations in your favour as well as
protecting you from negative swings in the market
3. Setting up your account is easy
Opening an account is easy, simply fill in the online application
form or contact us on
+44 (0)20 84681040 and we will send you the
application pack. Visit the New accounts section on our website and
simply follow the prompts.
4.Once you have found the right Property
Once you have found the right property contact ICN and we will
provide you with the most suitable payment package.
5.My property is being built
If your property is under construction then it is likely that stage
payments are required over a certain length of time. The currency
market never stays still and so fluctuations could affect your
payments. ICN can provide you with a fixed rate forward contract
which will protect you against any fluctuations in the currency
market for the period of your payments. Flexibility and forward
planning will give you peace of mind.
6.Buying your Property
Once we have arranged the best exchange rate we can ensure payment
to the vendor within two working days. This is done using both spot
contracts and fixed rate forward contracts depending on your
7. Your Contract
Decided on the right contract for you? Then simply phone and agree
verbally. We will then forward the relevant paper work for you to
fill in and sign.
8. Settling the account
Once you have agreed a contract you should have the cleared funds in
our client account by close of business the next day. For a forward
fixed rate contract this will be 10% of the contract value. For a
spot contract full payment is required.
9. Payment Methods
There are a variety of payment methods to suit all requirements. It
should be noted that timing is an important factor when deciding on
a payment method.
10. Releasing your funds
Once we have received your payment into our Client Holding Account,
we will advise the bank to transfer your currency to your nominated
bank without delay.
What do I do next?
If you wish to talk to a dealer about your requirements, call us
+44 (0)20 8464 5888