Covercy - Independent review

All you need to know before sending money with Covercy




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323 customer reviews on Covercy on Trustpilot


2 days ago
by Amir

5 stars

User friendly and effective

I was looking for an alternative to the expensive bank transfer services, and found Covercy to be very user friendly, cost effective and efficient.

4 days ago
by LILY Rothschild

3 stars

it took a week to transfer the money to …

it took a week to transfer the money to the recipient - too long

5 days ago
by Miguel

5 stars

Very good service

Easy, quick, clear. Very good service. Very helpful for my transfers from Europe to Latin America. You saved me from a lot of bureaucracy as it is much...Read more

Easy, quick, clear. Very good service. Very helpful for my transfers from Europe to Latin America. You saved me from a lot of bureaucracy as it is much more easy than talking with my bank agents. Thank you very much!


More reviews

5 days ago
by TALI Eitan

5 stars

Quick and flexible

Quick and flexible

1 week ago
by Aya

5 stars

Excellent service and good rates.

Excellent service and good rates.

10/11/2017
by Miguel

5 stars

Totally recommended

Perfect job. Clear instructions, clear tracking, done as expected.

10/11/2017
by Ora

5 stars

Super

Super! Fast, honest.

10/11/2017
by Gideon Goell

5 stars

I used the service once and had a great …

I used the service once and had a great experience.

10/11/2017
by Nicole

5 stars

Great customer experience

Great customer experience, fast and reliable. I will use them again!

10/11/2017
by Hanan Avidan

4 stars

Great rate

Advantage - the service is good, quick and most important with a great rate. Disadvantage - the service is semi-automatic and should be fully automatic.

10/11/2017
by Yatir Linden

5 stars

Excellent service and greet rates!

The staff was also really helpful and they do their best that the transaction will complete as soon as possible.

10/09/2017
by Gabriella Braun

4 stars

Good

Good, but a bit slow.

09/27/2017
by Slavik Markovich

5 stars

No hassle

No hassle, straight forward money transfer

09/27/2017
by Omer Asyas

5 stars

Excellent

Quick, easy and reliable. excellent.

09/27/2017
by Doron Roni Platnik

5 stars

great value great service :)

great value great service :)

09/26/2017
by LIRON

5 stars

Don't hesitate

Don't hesitate. Best service in the market today.

09/18/2017
by Tom

5 stars

Process was easy & efficient

1st time using the company. Process was easy & efficient, All done via their site. Would use again

09/17/2017
by Ravid Efroni

4 stars

Excellent service

Excellent service, I was sceptical at first, but it works perfectly, the use is perfectly safe! The fee is the lowest on the market, but the currency...Read more

Excellent service, I was sceptical at first, but it works perfectly, the use is perfectly safe! The fee is the lowest on the market, but the currency change is still a bit high.. Still much better then a bank transfer overseas Well recommended.

09/17/2017
by Rachel

5 stars

Simple and friendly

Simple, effective, a very helpful and friendly way to transfer money to foreign account

09/14/2017
by Eilat Ben Eliyahu

5 stars

Excellent, cheap and reliable

Much cheaper than a bank transfer. The process is more intuitive and friendly than most of their competitors. While contacting the customer support they...Read more

Much cheaper than a bank transfer. The process is more intuitive and friendly than most of their competitors. While contacting the customer support they were extra nice and helpful. Overall, I have nothing bad to say and I'm very pleased to find this service.

09/13/2017
by Sharon Wurgaft

5 stars

Excellent service!

Great service, reliable and cost effective

09/13/2017
by Mohammad Abu Sbeih

5 stars

Great Company with a pro employees

Great Company with a pro employees

09/13/2017
by Arik

5 stars

good prices

good prices, fast, good service

09/13/2017
by xiaolifeidao

5 stars

Really fast!!!

Really fast!!!

09/09/2017
by falul

5 stars

I got a very good service

I got a good service. transferred a large amount of money and it was smooth. I wish their customer support was more accessible. my experience with this...Read more

I got a good service. transferred a large amount of money and it was smooth. I wish their customer support was more accessible. my experience with this wasn't the best...

09/08/2017
by ELI

5 stars

easy, fast, cheap...

Too bad I didn't know about this before - wasted a lot of money transferring through my bank.

09/07/2017
by A. S.

4 stars

Good

If you're not Israeli, you may experience some issues confirming your identity. That was a problem for me given I had a deadline for the transfer. All in...Read more

If you're not Israeli, you may experience some issues confirming your identity. That was a problem for me given I had a deadline for the transfer. All in all, everything had worked out. The customer service was always in touch and willing to help. Thank you Tamar!

09/01/2017
by Geoff John Leslie Isaacs

4 stars

First time user

First time user, very impressed except for the style and tone of letters

08/24/2017
by gregsm

5 stars

Perfect

Perfect. Significant save over bank fees. Unbelievable how banks are rip off... Covercy currency spread slightly higher, but my bank charge 0.2%...Read more

Perfect. Significant save over bank fees. Unbelievable how banks are rip off... Covercy currency spread slightly higher, but my bank charge 0.2% additional for conversion + 0.225% for transfer with $22.5 minimum.

08/23/2017
by DavidG

4 stars

Very useful service and worked …

Very useful service and worked flawlessly. I used Covercy to transfer funds from my personal account in Israel to a business in Europe. The cost seems...Read more

Very useful service and worked flawlessly. I used Covercy to transfer funds from my personal account in Israel to a business in Europe. The cost seems very fair and even if it's similar to what a bank would charge, the convenience is worth it. My only caveat is that it was impossible to get in touch with the company in real time to ask support-related questions. They don't publish their phone number and their online chat was not available over a period of a few days. (As things turned out I made do without speaking to support, but I was surprised that when I wanted support, it wasn't available.)


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Key facts about Covercy

Service information

Time to open an account A few hours
Pay-in options Bank Account
Pay-out options Bank account
Minimum amount Yes
Maximum amount No
Available languages
English
Personnal transfers Yes
Business customers Yes
Advanced currency contracts No
Required documents ID, Proof of Address

Company information

Type of service provider Online money transfer operators
Active since 2015
Headquarter London, United Kingdom
Jurisdiction Israel/United Kingdom
Regulated by FCA

Contact information

Contact support support@covercy.com
Service hour 24/7
Phone English Support: +44 – 203 – 8567 – 888 // Global Support: +972 – 3 – 720 – 8883
Twitter @https://twitter.com/covercyltd
Facebook https://www.facebook.com/covercy/


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