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DISTRIBUTIONS / PAYMENT AUTOMATION
Payment Automation
Process distribution payments to every investor in a single click — ACH, wire, check, or SWIFT. Cross-border, multi-currency, 2FA-secured, and tracked end to end.
Payments That Move as Fast as Your Business
Distribution payments are the moment of truth in investor relations. Delays, errors, or missed wires erode the trust you spent months building. Yet most GPs still toggle between banking portals, spreadsheets, and email to get money out the door.
Covercy One consolidates every payment method — ACH, domestic wire, international SWIFT, and check — into a single workflow. Select your distribution, review the summary, and click send. The platform handles routing, compliance, and confirmations automatically.
Every payment is 2FA-secured and tracked from initiation to settlement. Investors see real-time status in their portal — no "did my wire arrive?" emails.
Whether you distribute to 5 LPs or 500, domestic or international, the payment engine processes everything in one batch with full audit trail.
Payment Capabilities
Multi-Method Payments
Process distributions via ACH, wire transfer, check, or SWIFT — all from one platform. Each investor receives funds in their preferred method.
2FA-Secured Transactions
Every payment requires two-factor authentication. Transaction approval workflows, IP whitelisting, and SOC 2-compliant infrastructure protect every distribution.
Cross-Border & Multi-Currency
Pay international investors with built-in currency conversion and SWIFT support. Low transfer fees, real-time FX rates, and full compliance.
Bank Account Management
View and manage all bank accounts from multiple financial institutions in one dashboard. Investors self-manage their banking details through the portal.
Batch Payment Processing
Process payments to hundreds of investors simultaneously. The platform handles routing, compliance checks, and confirmations for every transaction in the batch.
End-to-End Payment Tracking
Track every payment from initiation to settlement. Real-time status updates, automated confirmations, and detailed transaction history for every distribution.
How Payment Processing Works
From approval to settlement — every step automated and tracked.
Approve
Review distribution summary and approve payments with 2FA verification.
Verify
System validates bank accounts, compliance checks, and payment limits.
Route
Payments routed to ACH, wire, SWIFT, or check based on investor preference.
Send
All payments processed in a single batch — domestic and international.
Track
Real-time status updates from initiation through settlement.
Payment Methods at a Glance
Choose the right method for each investor — all processed from one platform.
| Method | Speed | Coverage | Best For |
|---|---|---|---|
ACH Transfer | 1-3 business days | US domestic | Most US investors |
Wire Transfer | Same day | US domestic | Large or time-sensitive payments |
SWIFT | 2-5 business days | International | Non-US investors |
Check | 5-7 business days | US domestic | Investors preferring paper |
ACH Transfer
- Speed
- 1-3 business days
- Coverage
- US domestic
- Best For
- Most US investors
Wire Transfer
- Speed
- Same day
- Coverage
- US domestic
- Best For
- Large or time-sensitive payments
SWIFT
- Speed
- 2-5 business days
- Coverage
- International
- Best For
- Non-US investors
Check
- Speed
- 5-7 business days
- Coverage
- US domestic
- Best For
- Investors preferring paper
Payment Automation FAQ
- What payment methods does Covercy support for distributions?
- Covercy One supports ACH, domestic and international wire transfers, checks, and SWIFT payments. Each investor can set their preferred payment method, and you can process all payments in a single batch regardless of method.
- How does Covercy handle international distribution payments?
- Covercy One supports cross-border payments with built-in currency conversion using real-time FX rates. SWIFT payments reach investors in most countries, with low transfer fees and full compliance with international payment regulations.
- What security measures protect distribution payments?
- Every payment requires 2FA approval. The platform also supports transaction approval workflows, IP whitelisting, and runs on SOC 2-compliant infrastructure. All payment data is encrypted in transit and at rest.
Ready to streamline your distribution payments?
Pay every investor in one click — ACH, wire, or SWIFT.