CovercyReviews of covercy.com

Response from Covercy· Jul 27, 2016

Hi Amnon, We are aware that certain businesses and individuals have preferred bank account conditions, however, unless you have a corporate account and you transfer in the millions every month, we believe our offering is better. We urge you to compare again in real time and see the difference. We are more than willing to assist you in this process. The Covercy team

Response from Covercy· Jul 27, 2016

Hi Haim, According to our records, although you have created a transaction on 13/7, your money was only deposited in our account on the 15/7. This is the day we executed your transaction and the money arrived on that same day at the beneficiary's bank account. A wire transfer that arrived to the beneficiary within the same day is fast and efficient. We are sorry to hear that you have experienced this the way did and hope you will try us again and have a better experience.

Response from Covercy· Jul 27, 2016

Hi Idan, Credit cards and paypal are good solutions for same currency transactions and for e-commerce type transactions. In larger sums of money these two options are not favorable as they charge between 2%-4% on currency exchange and paypal also has a withdrawal fee on top of that. Our service significantly lowers your overall costs as the exchange rate alone stands between 0.5%-1% depends on the currencies you are interested in. Wire transfers are a much cheaper solution for large cross border cross currency commercial transactions. Thank you for your feedback and hope to see you using our product again.