Banking provided by Choice Financial Group: Member FDIC.
*Actual formula for calculating APY: If your balance is between $120,000 and $1 million (Fed
Funds Rate – 0.2%) * 48%. If your balance is between $1million and $15 million, you would earn
(Fed Funds Rate – 0.2%) * 65%. The above APYs represent a Fed Fund Rate of 4.75% and are true as
of Feb 1, 2023.
International Capital Call Payment Processing
Collect contributions from abroad
The Covercy Payment Platform is at the core of all of our solutions. You can seamlessly perform cross-border capital calls and distributions right from the platform. Our simple and integrated cross-border payment solution empowers your investors to process their funds online without going to a bank. Your investors can even choose in what currency they would like to finance the deal. We will even take care of the currency exchange for them and save them money during the process.
Distribute funds globally
Use the built-in Covercy Payment Platform to distribute proceeds to your global investors. Cross-border distributions are included in One-Click Distributions. You will even be able to offer your investors the ability to receive funds in the currency of their choice. All done automatically.