Covercy Pricing, Features, Reviews & Comparison of Alternatives

Covercy

International bank transfer platform for SMBs

4.29/5 (7 reviews)

Covercy overview

Covercy is an international bank transfer system that offers individuals and SMBs a simple and secure platform from which to manage commercial cross-border payments. Incorporating guaranteed rates and low fees as well as a user-friendly platform and tracking features, Covercy aims to provide users with a quicker, cheaper and simpler international bank transfer solution.

The Covercy process is straightforward, enabling users to create and track online financial transactions conveniently and easily. Users can input the amount of money they wish to send or define the amount of money they wish the recipient to receive, while determining the currency in each case. Covercy then applies their rates and presents users with a corresponding amount to transfer. Once users enter their details and the recipient’s details, Covercy can perform security checks and process the payment. From the Covercy user portal, individuals can view their past activity as well track the status of their current transfer payments.

Covercy employs the same 256-bit encryption used by banks to ensure that all user data and information is completely secure. Moreover, Covercy is fully regulated with all practices audited, monitored and verified by Howard Kennedy Law Firm, Barnea & Co. Law Firm and Ernst & Young to encourage enterprises and individuals to use Covercy with confidence.
www.covercy.com

Pricing

Pricing options
Value for money
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Devices

Business size

S
M
L

Markets

United States, Australia, Canada, China, Europe and 4 other markets, Germany, Japan, Middle-East and Africa, United Kingdom

Supported languages

English, Hebrew
Covercy screenshot: Define amount to be transferred and currencies from/to Executive Interview - CovercyCovercy screenshot: Add sender details Covercy screenshot: Enter recipient detailsCovercy screenshot: Complete payment transfer by uploading fundsCovercy screenshot: View current and previous transfer activity

Covercy reviews

Value for money
Features
Ease of use
Customer support
  4.3
  4.6
  3.9
  3.7
Jill Mintz

Covercy has caused us to waste an unbelievable amount of time and money while we tried to cooperate

Used monthly for 6-12 months
Reviewed 2017-08-07
Review Source: Capterra

For a short time, we were able to make international transfers at a discounted rate.Covercy is pretty easy to use, as far as the transferring process is concerned. The steps and interface are pretty clear.

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Avraham Gafa

A very good experience and low commission (comparing to a bank and other service providers)

Used other for less than 6 months
Reviewed 2018-05-15
Review Source: Capterra

I liked the phone call from the representative to let me know that there were several transactions like mine with booking.com that were a scam and he asked me if I'm sure I want do it. I felt my money security was his first choice and not the company commission. BIG LIKE!!!

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Amit Segall

It was really simple and easy like just the commercial promised

Used other for less than 6 months
Reviewed 2018-05-15
Review Source: Capterra

Simple and easy , did what promised and as promised - which is rare these days :)It works - and delivered on time - with good conversation rates. overall had a great experience got notification emails throughout the process .

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Avigail Gellman

I transferred money to fund my own investment account. had a good overall experience

Used other for less than 6 months
Reviewed 2018-05-16
Review Source: Capterra

I like the fact than the prices are well transparent, and before you start a transaction you're well aware of all the underling fees and you know exactly how much you'll send/receive .

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Nisha Das

Superb Service!

Reviewed 2016-12-12
Review Source: Capterra

Covercy's platform to transfer money was easy and efficient. I had no problems setting myself up and there online support was able to answer any questions I had very quickly.Fast

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Covercy pricing

Pricing options
Free
Free trial
Subscription
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Covercy offers low spreads and basic fees per transfer.

Transaction fees for sending money with Covercy.

Australian Dollar (AUD): $ 6.00
Canadian Dollar (CAD):$ 6.00
Czech Koruna (CZK): Kč 129.00
Danish Krone (DKK): kr 35.00
Euro (EUR): € 9.00
Hong Kong Dollar (HKD): $ 40.00
Hungarian Forint (HUF): Ft 1,420.00
Israeli New Shekel (ILS): ₪ 39.00
Japanese Yen (JPY): ¥ 616.00
New Zealand Dollar (NZD): $ 7.00
Norwegian Krone (NOK): kr 39.00
Polish Zloty (PLN): zł 19.00
Romanian New Leu (RON): lei 21.00
Singaporean Dollar (SGD): $ 7.00
South African Rand (ZAR): R 61.00
Swedish Krona (SEK): kr 44.00
Swiss Franc (CHF): Fr 5.00
Turkish Lira (TRY): TL 14.00
United Kingdom Pound Sterling (GBP): £ 5.00
United States Dollar (USD): $ 15.00

Covercy features

Activity Dashboard
Electronic Payments
Multi-Currency

API (181 other apps)
Accounting Integration (125 other apps)
Accounting Management (122 other apps)
Automatic Notifications (111 other apps)
Automatic Reminders (87 other apps)
Billing & Invoicing (126 other apps)
Compliance Management (87 other apps)
Customizable Reporting (97 other apps)
Data Import/Export (106 other apps)
Expense Tracking (122 other apps)
Financial Analysis (85 other apps)
Invoice Management (174 other apps)
Invoice Processing (103 other apps)
Real Time Data (109 other apps)
Receiving (94 other apps)
Reporting & Statistics (137 other apps)
Third Party Integration (115 other apps)

Additional information for Covercy

Key features of Covercy

  • Transaction monitoring
  • Financial management
  • Multi-country
  • Multi-currency
  • Electronic payments
  • Security & encryption
  • Activity dashboard
  • Activity monitoring
  • Activity tracking
  • Transfer management
  • Status tracking
  • Tracking features
  • Multi-location
  • Progress tracking
  • Records management
  • Secure data storage
  • Secure login
  • Transaction history
  • Authentication & security
  • User accounts
  • Currency conversion
  • Forms management
View All Features

Benefits

Covercy incorporates 256-bit encryption, protecting user information and funds thoroughly.

Covercy is authorized and regulated by the Financial Conduct Authority, complying with the correct procedures in order to deter and detect financial crime effectively.

Users have access to their own Covercy online account, enabling them to view previous activity and track current transfer processes easily.

Covercy transfers payments quickly, aiming to deliver funds within 24 hours in most currencies.

Covercy provides a user-friendly platform, allowing users to create payment transactions, enter sender and recipient details and track payment processes simply and effectively.