Buying a property abroad is often the realisation of a personal dream and probably represents one of the greatest expenses of your life. As part of the purchase process, you will inevitably need to transfer a sum into another currency in order to pay for your property. This vital element of the purchase process - one that is often overlooked - can make a huge difference to the price that you will have to pay for your property.
Your currency can be delivered any time within two years at an exchange rate fixed at the time of purchase. This is called 'forward buying' and it will help you secure an exchange rate at an advantageous level even if you do not have all your available funds to transfer at the time of purchase. Forward buying removes the risk of adverse currency movements that could lead to the value of your overseas property increasing between the time of signing and the contract and the actual payment.
IPD can offer through its partner the following benefits.
No commission charges or receiving bank fees.
Fast, efficient worldwide transfers.
A dedicated dealer to guide you throughout your currency transaction(s).
24 hour market monitoring enabling you to benefit from currency fluctuations outside of normal banking hours.
Regular Payment Plan - smaller regular transfers.
Extended office opening hours 7:30am - 10:30pm Monday - Friday and 10:00am - 4:00pm Saturday.
You will also receive a 1% improvement in the rate of exchange at our airport locations.
Peace of mind in dealing with a company that has been trading foreign currency since 1979
>> View the Currency Exchange Application Form here