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Covercy

Send money abroad and keep more of it

One markup, one flat fee, and your recipient gets the full amount you intended to send. Most international transfers cost up to 90% less than a bank.

Start a transfer (opens in a new tab)Learn more on Covercy Pay (opens in a new tab)
Covercy Pay

Covercy Pay is Covercy’s cross-border payments brand. Start your transfer at app.covercy.com, or explore the product at covercypay.com

  • Licensed by Israel’s Capital Markets Authority & the UK FCA
  • Funds held in segregated client accounts
  • SOC 2 compliant

Flat fee by the currency you send

  • GBPBritish Pound£5flat feeMinimum £1,200
  • USDUS Dollar$15flat feeMinimum $1,500
  • EUREuro€9flat feeMinimum €1,400
  • ILSIsraeli New Shekel₪39flat feeMinimum ₪5,500

Plus one exchange-rate markup, shown in your quote before you confirm.

How it works

Three steps, online. Most transfers arrive within 24 hours.

  1. 1

    See the rate

    Enter the amount and currency. You see the exact exchange rate and fee before you confirm — then the rate is locked.

  2. 2

    Send

    Add your recipient’s details and confirm. We pay out in their local currency.

  3. 3

    Track

    Follow the transfer until the money lands. You and your recipient get updates along the way.

Most transfers complete within 24 hours. Some routes take 1–2 business days.

Why Covercy Pay

Transparent pricing, better rates as you send more, and wide currency coverage.

  • Understand transfer fees

    See how the exchange-rate markup and flat fee work together. Your quote shows the exact rate, cost and recipient amount before you confirm.

  • Better rates on larger transfers

    Our exchange-rate markup shrinks as your amount grows, and there’s no ceiling on how much you can send.

  • 25 currencies, 100+ countries

    Send to the United States, Europe, the UK, the Gulf and beyond — in the currency your recipient needs.

Where is your money going?

Pick where the money is going or what it’s for. Each guide shows the flat fee for the currency you send.

Where the money is going

See all transfer routes (opens in a new tab)Find a SWIFT/BIC code (opens in a new tab)

What it’s for

Personal

What does a transfer cost?Flat fees and minimums for every sending currency

Trusted by 60,000+ customers

60,000+ customers

Billions moved across borders since 2015

“Super fast and professional service. 10/10.”

— Luciana Noelia, Cork, Ireland

Safe and regulated

Your money is protected and your transfers are compliant.

  • Segregated client funds

    Your money is held in segregated client accounts, separate from company funds.

  • SOC 2 compliant

    Independently audited security controls, with SSL encryption on every transfer.

  • Privacy by design

    We operate under GDPR and Israel’s Privacy Protection Law.

  • Licensed and regulated

    Covercy Pay is licensed by Israel’s Capital Markets Authority and regulated in the UK by the FCA.

Frequently asked questions

How much does it cost to send money abroad?
You pay one exchange-rate markup plus one flat fee — for example ₪39 from shekels, $15 from US dollars. You see the exact rate and fee before you confirm, and your recipient gets the full amount.
How do I send money abroad as cheaply as possible?
Avoid hidden bank charges. Our markup is typically 0.4%–1%, where banks charge 1.5%–4%, and the rate improves the more you send — often up to 90% less than a bank.
How long does an international transfer take?
Most transfers complete within 24 hours. Some routes take 1–2 business days, and you can track yours the whole way.
Is Covercy Pay safe and regulated?
Yes. Covercy Pay is licensed by Israel’s Capital Markets Authority and regulated in the UK by the FCA. Funds are held in segregated client accounts, and we’re SOC 2 compliant.
Can I transfer a large amount abroad?
Yes. There’s no upper limit, and the exchange-rate markup shrinks as the amount grows. Minimums start around ₪5,500 / $1,500 / €1,400 / £1,200.
How can a business pay suppliers or customers abroad?
Pay vendors in their local currency from one platform, with the fee shown up front and a clear record of every transfer.
How do I pay for an overseas property without high fees?
Pay the seller directly in the property’s currency — USD, EUR, GBP, AED and more — at better rates than a bank, with the cost shown before you confirm.
Can I send money to my own account overseas?
Yes. Move money between your own accounts in different countries at competitive rates and low, fixed fees.
Can I send money to family abroad?
Yes. Your family receives the full amount you intended to send — no intermediary bank fees eating into it along the way.

Start sending money abroad today

Join 60,000+ customers moving money across borders with Covercy Pay.

Start a transfer (opens in a new tab)Learn more on Covercy Pay (opens in a new tab)