About Covercy
Data updated- Website
- covercy.com
- Category
- Money & Insurance
- Location
- United States
- Status
- Unclaimed
- Last 12 months
- 6 reviews
- Replies to negative
- 23% (3/13)
About this business
Covercy is not your standard investment management platform. It is an end-to-end system that manages all your operations from fundraising to distributions. Powered with AI (Artificial Intelligence), you can make everything accurate and streamlined.
Written by the business, not verified by us.Is Covercy legit?
Covercy (covercy.com) has a 4.4 out of 5 rating on OK.one, based on 101 user reviews collected here. It is listed under Money & Insurance and its reputation is good. 84% of reviews are 4 stars or higher and 12% are 1 star; The business has replied to 23% of negative reviews; 6 of them were added in the last 12 months. Last updated 2026-08-28.
What people say
Was easy to work with and they helped…
Was easy to work with and they helped with everything + good conversion rates
Do not use covercy
Do not use covercy. Use Transferwise Its a much better service. I have used covercy for several transactions. Every time I transfer money with convercy they give me a hard time. No other money transfer service, banks or otherwise in the world, gives such a hard time and I use many other services without hassle. Even when you answer all their questions, they still delay transfer. Their service has damaged my business, causing delays and costing valuable time and money. My accountant warned me not to use this service again and I didn't listen. My mistake.Their obsession in protecting themselves with the authorities, is totally exagerated and arrogant, and beyond all legal requirements of any other bank or transfer service. It is a total invasion of privacy and extremely humiliating. I personally will never use convercy again and I strongly recommend everyone not to use this service. This message will be going up on every social media site I can possible find. 👎1 out of 5 stars
Dear Richard. Continuing our phone call, I am genuinely sorry to hear that you are not satisfied with the service you have received. Our main focus in Covercy is to be able to give our clients a seamless & positive experience when sending funds overseas. As promised, I will investigate this case thoroughly. Sincerely, Gidon Jablonka COO
Cheaper but much more complicated than the bank
This was the first time I used a money transfer service other than a bank. Covercy initial service was very welcoming and friendly, until it got to the point they asked for "additional documents", I never encountered such an interrogation when I transferred money through the bank. Covercy claimed it is what is required by thr authorities, but the banks are subject to the same regulations and never aaked for so many details and forced my to submit sensitive personal information and contracts to allow the transfer. I'm not sure the slightly lower rate worth the extra strain related with their process.
The service is comfortable and…
The service is comfortable and efficient. Money arrived faster than I expected
Stay away part 2
Covercy answer to my 1st review is not satisfactory. Indeed I was not the client but "only" the recipient of the funds. I was raising a general question on their FB page and they are refusing to answer which is a strong sign of none-transparency policy. Please be aware that the transfer was made on 7 days old conversation rate which gave the company a very high profit. Convery is refusing to admit their wrong doing and all of you should pay attention to the differences of the published rates and actual transfers. What is the point to publish low fees if they are making huge profits on conversion rates. I expect Covercy to answer to the point and let the community know how will they fix this issue. All the best.
Great service
Great service, immediate help and friendly interface!
Very comfortable and officiant
Very comfortable and officiant, Thanks
Very responsive
Very responsive, easily done, quick funds transfer. The whole process went smoothly
Very trustworthy and easy to use
Very trustworthy and easy to use. I will definitely use again.
Awesome service
Very good service
I used Covercy for the first time for 3 days and i was taking care very good and efficiently, including help from the customer service in Tel-Aviv office. The money was transferd the next day i did the transaction, without a singel problem.
Excellent service and support
Everything worked smoothly, especially customer support who had immediate answers to all my questions.
Thank you so much for your review!
Great experience
Great experience, amazing customer service. Friendly user interface
Easy and quick
Simple, easy and quick. Great customer service.
Very friendly and straightforward…
Very friendly and straightforward process
It took a little bit of time but the…
It took a little bit of time but the transfer was easy and the fee was okay thx a lot
Thanks to Covercy I was able to make a…
Thanks to Covercy I was able to make a comfortable money transfer to a new account abroad. Amidst the frustrating bureaucratic difficulties of moving abroad working with Covercy was a refreshing change.
The company helped me all the way
Friendly and efficient support
Friendly and efficient support. Transaction took longer than expected. Not enouth warnings were given as per caps for internet and bank transfers (To Covercy). Too many documents requested (Why would you need the bank transfer confirmation?) In parallel to this transfer I used another service. Took 3 days with not even one phone call or email.
Dear Mr Vardi. Thank you for taking the time to write this review. We will look into your comments and see if there is anything which can be improved for the next time you make a transfer with Covercy. Sincerely, Covercy Support

