Selling via ECE

You may sell immediately on receipt of an audit certificate, after logging in with your password. As a seller, you may post a sale stipulating the terms and conditions, for example, split, IRCC type, etc. Immediately the system extracts potential buyers whose requirements match your terms. You are then at liberty to accept single or multiple (up to 10) bids which satisfy these terms. Alternatively, should only a few bids - or none - be acceptable, the remaining unsold value may be left in the system pending a later buyer's acceptance.  The identities of both the buyer and seller are protected by the passwords under which they trade.

Buying via ECE

As a buyer, you simply log onto the system using your password and post the terms and conditions of your offer to buy (bid). The system immediately searches the database and attempts to match your bid to IRCC's on offer in the system. You can then select sell offers at will until all your requirements are satisfied. Remember, the ECE database is in a continuous state of flux, as new bids and offers are posted. In the absence of suitable matches being found, you may leave your bid in the system pending acceptance of your bid by a seller.

Contractual Obligations

Seller

The seller is obligated to facilitate the delivery of the IRCC to the buyer with minimal delay.  Payment will be effected within 7 working days of issue of IRCC.

Buyer

Having concluded a transaction, immediately on issue of the IRCC the buyer is obliged to pay ECE Nominees in full the purchase price and any costs associated with the sale.

ECE Transaction Costs

The costs will be shared by both the buyer/seller based on a sliding scale. This will be determined  by the magnitude of any given order. Note that a single order may encompass multiple purchase/sale transactions.