How long does a GBP to USD transfer take?

Most GBP to USD transfers with Covercy Pay are completed within 1–2 business days. The exact timing depends on the destination bank's processing schedule.

Is there a minimum amount for GBP to USD transfers?

The minimum transfer amount is 1200 GBP. There is no maximum limit for fully verified accounts.

What do I need to send GBP to USD?

You'll need a verified Covercy Pay account, the recipient's full name, USD bank account number (or IBAN), and the bank's SWIFT/BIC code. Identity verification is required once before your first transfer.

Send GBP to USD

British Pound

GBP

US Dollar

USD

Transparent fees, mid-market exchange rates, and fast settlement — see exactly what your recipient gets before you send.

GBPBritish Pound

→

USDUS Dollar

Minimum Amount

1,200 GBP

Transfer Fee

5 GBP

Processing Time

Typically 1–2 business days

Exchange Rate

Mid-market rate — no markup hidden in the rate

How it works

Open your free Covercy Pay account and complete identity verification — takes a few minutes.
Fund your account with GBP via bank transfer.
Enter your recipient's USD account details and confirm the amount.
Track the transfer in real time from your dashboard until it arrives.

Frequently Asked Questions

Why Choose Covercy Pay

Regulated & Secure

Licensed by the FCA and the Israeli Capital Market Authority. Your funds are held in segregated accounts.

No Rate Markup

We use the mid-market exchange rate and show the full fee upfront — what you see is what you pay.

Fast Settlement

Most transfers arrive within 1–2 business days. You can track status in real time from your dashboard.

Ready to make your first transfer?