Dishonest Dishonest. They give you one rate, and then let you know that it didn’t go in, and charge you a higher rate later on. Unprofessional, a money making scheme. Stay away.

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.

BEWARE BEWARE - Covercy does not even deserve one star - terrible service, several attempts at a transfer that should have succeeded on first attempt. Subsequently after several additional mistakes I received money back into my account only to see over 1,500 shekel less. I am currently investigating this - Covercy received all the adequate information for this transfer to succeed the first time. Worse than the money lost is the valuable time and effort trying to get the transfer through.

First and foremost i did not get… First and foremost i did not get written email confirmation that the money was indeed transferred to the recepient Also the verification orocess was complicated. Too many inquiries as to the nature of the business I purchased from. Dont u know the people u work with?

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