Meet Neo, your AI-powered Co-GP.
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.
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
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
Send
Add your recipient’s details and confirm. We pay out in their local currency.
- 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
- United StatesSend pounds, euros or shekels to a US-dollar account and see the dollar amount before you confirm.
- United KingdomSend dollars, euros or shekels to a British-pound account for property, study or business, with the cost shown up front.
- EuropeSend dollars, pounds or shekels to a euro account in Europe and check the recipient amount in your quote.
- Dubai & the UAESend to Dubai or elsewhere in the UAE and see the AED amount before you send.
- IsraelSend dollars, euros or pounds to a shekel account in Israel and see the ILS amount before you confirm.
What it’s for
Real estate & business
Trusted by 60,000+ customers
60,000+ customers
Billions moved across borders since 2015
“Super fast and professional service. 10/10.”
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?
How do I send money abroad as cheaply as possible?
How long does an international transfer take?
Is Covercy Pay safe and regulated?
Can I transfer a large amount abroad?
How can a business pay suppliers or customers abroad?
How do I pay for an overseas property without high fees?
Can I send money to my own account overseas?
Can I send money to family abroad?
Start sending money abroad today
Join 60,000+ customers moving money across borders with Covercy Pay.