Covercy — is an online, international banking transfer system offering a secure and simple platform for cross-border commercial transactions. The aim of covercy is to provide the users with a cheap, quick, and simple solution to their international bank transfer problems.

Covercy is just that ubiquitous system, providing you with the best and most secure online money transfer services. Cross-country transactions have never been secure, but with Covercy, everything has changed.

How to make a Transaction with Covercy

The process of exchanging money through covercy is quite simple, which enables the user to track their online financial transfers easily and conveniently.

1. The first step is opening an account.
2. The user has to input the amount which they wish to send to the recipient while selecting the currency in both the cases.
3. The rates are then applied by Covercy presented to the user with an equivalent amount for transfer.
4. Several security checks are performed by the Covercy platform and it continues to process the payment after the user has entered theirs and the recipient’s details.
5. Select the purpose of transfer
6. With the user-friendly Covercy portal, you can view your past transactions as well as keep track of the current transaction’s status.

Fees and Exchange rates

While banks and money exchange services have varying transfer fees according to the amount of transfer and the location, Covercy has fixed rates. Covercy has a fixed rate for the transaction to any country regardless of the amount of exchange. For example, transaction fees for the Canadian and Australian dollar are 6$, Euro cost is 9€. With Covercy, you can be sure that you do not have to pay hidden charges or any other extra service fees. Because Covercy handles all your transactions with utmost importance. Having a refund and return policy in place, you can be sure that your transaction will reach its recipient.

Advantages of using Covercy

Covercy uses the 256-bit encryption, the same used by banks for ensuring that all the customer’s information and data is one hundred percent secure.

Covercy is also fully regulated with all practices of the law. It is completely in accordance with the Anti-Money Laundering Laws.

Moreover, all the practices of Covercy are audited, monitored, and verified by the Howard Kennedy Law Firm, Barnea & Co. Law Firm and EY (Ernst & Young).

With Covercy, you do not have to worry about your transaction, not reaching the recipient. Because with all the systems in place, they offer you with the most simple and secure transaction. So you can ease your worries when using Covercy because they treat clients with the utmost respect.

So while using Covercy, you know that your transaction will go through. Complete transparency in all your transfers, so you do not have to worry about hidden charges. And with fixed exchange rates, you do not have to worry about fluctuating fees anymore.