Meet Neo, your AI-powered Co-GP.Learn more
Covercy

Covercy One — The all-in-one platform for CRE fund managers.

Investment Management
  • Investor Portal

    A branded, self-serve home for your investors

  • Financial Operations

    End-to-end financial operations for your firm

  • Fundraising

    From interested investor to funded in minutes

  • Distributions

    Calculate waterfalls, pay, and reconcile in clicks

  • Integrations

    Yardi, Rent Manager, NetSuite and more

Fund Administration
  • Fund Administration

    Professional fund admin, one integrated platform

  • DTCC / AIP Connectivity

    Connect your fund to the DTCC/AIP network

  • Transfer Agent

    Cap tables, subscriptions, and investor registers

  • Full NAV Administration

    Audit-ready fund accounting and NAV

  • K-1 & Tax Support

    Reconciled books that make K-1 season painless

Automated Payments & Banking
  • Covercy Pay

    Cross-border money transfers

  • US Banking

    Bank accounts for every fund and asset

  • Covercy Prime

    Payment plans and collections for property sellers

Powered by Neo — your AI Co-GP works across every workflow.
Meet Neo
Pricing
Resources
Articles & Insights

Expert insights, guides, and best practices

About

Our story, mission, and team

Help Center

Guides and answers for Covercy One

Contact

Get in touch with our team

Product Updates

The latest Covercy One features and improvements

Covercy Pay Help

FAQs and support docs for Covercy Pay

Book a Demo (opens in a new tab)
Transfer MoneyLog inBook a Demo (opens in a new tab)
עבריתDeutschEspañolΕλληνικάالعربيةРусский
  • Overview
  • Destinations
  • Use cases
  • Fees
  • Pay for property abroad
  • Pay overseas suppliers
  • Transfer to your own account
  • Support family abroad
  1. Home/
  2. Transfer money abroad/
  3. Pay for property abroad

Pay for a property abroad

Send funds for an overseas property purchase with Covercy Pay. Review the exchange rate, fee and amount reaching the recipient before confirming the payment.

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

Covercy Pay is where you start and track your transfer.

What does a property payment cost?

Your flat fee and minimum depend on the currency you send. The exchange-rate markup and exact total are shown before you confirm.

  • 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, typically 0.4%–1%, shown in your quote before you confirm.
Fees from covercypay.com/pricing, checked Sep 28, 2026.

How the transfer works

Choose the currencies and amount, review the cost, then send from your bank.

  1. 1

    Get your quote

    Choose the sending and receiving currencies. See the rate, fee and recipient amount before you confirm.

  2. 2

    Send your funds

    Complete verification and make a local bank transfer to the account details shown in Covercy Pay.

  3. 3

    Follow the transfer

    Track the payment in your Covercy Pay dashboard until it reaches the recipient.

Check the payment before a purchase

Property payments are large and time-sensitive. Confirm the recipient account and arrival amount before moving the funds.

  • Set the purchase amount

    Choose the currency and amount that the property recipient needs, then compare that with the quote before confirming.

  • Verify who receives it

    Enter the bank account details requested in the transfer flow and check them with the recipient before sending.

  • Keep track of the payment

    Follow the transfer status in Covercy Pay after funding it from your bank.

Questions about this transfer

How much does an overseas property payment cost?
The cost is one exchange-rate markup plus one flat fee tied to the currency you send. The quote shows the exact total before you confirm.
Is there a minimum for a property payment?
The minimum depends on your sending currency. The fee card above shows the fee and minimum for dollars, euros, pounds and shekels.
How do I send funds for a property purchase abroad?
Create a transfer, choose the currencies and amount, add the recipient bank details and review the arrival amount before funding the payment.
What should I check before paying the property recipient?
Check the recipient name, account details, currency and amount with the recipient. Incorrect bank details can delay a transfer.
Can I track a large property payment?
Yes. Covercy Pay shows the transfer status in your dashboard after you fund it.

Explore related transfers

  • Use caseTransfer to your own account
  • Use casePay overseas suppliers
  • GuideUnderstand transfer fees
  • OverviewAll transfer options

Ready to plan the property payment?

Start on Covercy Pay and review the arrival amount and recipient details before confirming.

Start a transfer (opens in a new tab)Learn more on Covercy Pay (opens in a new tab)
Covercy logo
TrustRadius Top Rated 2025 badgeTrustRadius Buyer’s Choice 2026 award badgeIndustry recognition medalThoropass SOC 2 Type I compliance badge

Product

PlatformInvestor PortalFundraisingDistributionsPaymentsFinancial OperationsCovercy PrimeNeoThread BankRent Manager IntegrationCovercy + Rent Manager

Solutions

SolutionsInvestment Management SoftwareInvestor PortalInvestor CommunicationsInvestor ReportingPerformance ReportingCapital CallsDeal SourcingFundraising Pipeline ManagementCapital Stack ManagementDistribution PaymentsGP/LP StructureReal Estate SyndicationPro-Rata DistributionDistribution WaterfallProfit DistributionFund AdministrationPaid-In CapitalCapEx ManagementUncalled CapitalTransfer FundsFund Administration ServicesTransfer Agent ServicesDTCC AIP ConnectivityK-1 Tax SupportFundraising for SyndicationsSS&C vs CovercyApex vs CovercyAlter Domus vs CovercyUltimus vs CovercyStandish vs Covercy

Resources

Articles & InsightsHelp CenterWhat's NewCovercy Pay HelpContact SalesRequest a DemoCommercial Real Estate InvestingPCP Flow Case StudyCRE Deal Structures Guide

Legal

International Payments - Terms of UseCovercy GP - Terms of UsePrivacy & Cookie PolicyComplaintsCovercy GP Business Deposit Account AgreementCovercy VISA Debit Cardholder AgreementRegulationElectronic Disclosure & ConsentSitemap

Company

AboutCareersContact usContact SupportLog inPartnershipReferral ProgramCovercy PayRadcliffe

Banking services:

Covercy is a financial technology company and is not an FDIC-insured bank. Banking services provided by Thread Bank, Member FDIC. FDIC deposit insurance covers the failure of an insured bank. Certain conditions must be satisfied for pass-through deposit insurance coverage to apply. The Covercy Visa debit card is issued by Thread Bank, Member FDIC, pursuant to a license from Visa U.S.A. Inc. and may be used anywhere Visa cards are accepted.

Your deposits qualify for up to $3,000,000 in FDIC insurance coverage when Thread Bank places them at program banks in its deposit sweep program. Your deposits at each program bank become eligible for FDIC insurance up to $250,000, inclusive of any other deposits you may already hold at the bank in the same ownership capacity. You can access the terms and conditions of the sweep program at https://thread.bank/sweep-disclosure/ and a list of program banks at https://thread.bank/program-banks/. Please contact customerservice@thread.bank with questions on the sweep program. Pass-through insurance coverage is subject to conditions.

Payment services:

Covercy Europe Limited. Registered in England No. 675000. Registered Office: 5 Elstree Gate, Elstree Way, Borehamwood, Hertforshire, WD6 1JD, UK

Covercy Technological Trading Limited. Registered in Israel No. 57797. Registered Office: 7 Menachem Begin Rd, Ramat-Gan, Israel 5268102.

Payment and e-money services (Non MIFID related products) are provided by The Currency Cloud Limited. Registered with the Dutch Chamber of Commerce in the Netherlands under number 72186178. Registered office Mr. Treublaan 7, 1097 DP, Amsterdam, Netherlands. CurrencyCloud B.V. is licensed and regulated by De Nederlandsche Bank as an Electronic Money Institution (Relation Number: R142701).

For United States, Payment services for Covercy Europe Ltd (Non-MIFID related products) are provided by Visa Global Services Inc. (VGSI), a licensed money transmitter (NMLS ID 181032) in the states listed here. VGSI is licensed as a money transmitter by the New York Department of Financial Services. Mailing address: 900 Metro Center Blvd, Mailstop 1Z, Foster City, CA 94404. VGSI is also a registered Money Services Business (“MSB”) with FinCEN and a registered Foreign MSB with FINTRAC. For live customer support contact VGSI at (888) 733-0041.

Payment and e-money services (Non MIFID related products) are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: 1 Sheldon Square, London, W2 6TT, United Kingdom. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199)

© 2026 Covercy. All rights reserved.