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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

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  • Overview
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  • Send money to the US
  • Send money to the UK
  • Send euros to Europe
  • Send money to Dubai
  • Send money to Israel
  1. Home/
  2. Transfer money abroad/
  3. Send money to Israel

Send money to Israel

Send dollars, euros or pounds to a shekel account in Israel with Covercy Pay. You see the rate, the flat fee and the shekel amount before you confirm.

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 transfer to Israel cost?

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

  • GBPILSBritish Pound
    £5flat feeMinimum £1,200
  • USDILSUS Dollar
    $15flat feeMinimum $1,500
  • EURILSEuro
    €9flat feeMinimum €1,400

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.

Pay into a shekel account

Whether you support family or move money to your own account, it arrives in ILS. Check the shekel amount before you confirm.

  • Choose your sending currency

    Send from USD, EUR or GBP and choose ILS to receive. The flat fee and minimum follow the currency you send.

  • Add the Israeli account

    Enter the recipient name and Israeli bank account details requested in the transfer flow, then check them before sending.

  • Follow it to Israel

    After you fund the transfer from your bank, track it in Covercy Pay until it reaches the account in Israel.

Questions about this transfer

How much does it cost to send money to Israel?
One exchange-rate markup and one flat fee in the currency you send. The fee card above lists the fee for dollars, euros and pounds.
Is there a minimum for a transfer to Israel?
Yes. The minimum depends on the currency you send, not on shekels; the fee card above shows each one.
How long does a transfer to Israel take?
Most transfers arrive within 24 hours. Some routes take one to two business days, and your dashboard shows the status.
Which Israeli account details do I need?
Use the recipient name and Israeli bank account details requested by Covercy Pay. Check them with the recipient before you confirm.
Can I see when the money reaches Israel?
Yes. Follow the transfer status in your Covercy Pay dashboard after you fund the payment.

Explore related transfers

  • Use caseSupport family abroad
  • Use caseTransfer to your own account
  • GuideUnderstand transfer fees
  • OverviewAll transfer options

Ready to send money to Israel?

Start a transfer on Covercy Pay and see the shekel amount before you confirm.

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

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