Banks and exchange offices are easy to find, especially on the main streets of Ben Yehuda, Allenby and Dizengoff. Most cash machines accept foreign cards and automatically switch to English on the instructions screen. At some machines (called "caspomats" in Israel) you can even withdraw foreign currencies. You will always be asked if you accept a small processing fee for withdrawing cash using a foreign card. Israeli banks have varied but limited hours and charge a higher commission than money changers. The best solution is probably to use cash machines. Travellers cheques are to be avoided since they are next to impossible to use and banks charge high transaction fees. Never change money on the street, you’re sure to be ripped off.
Links to the main Israeli banks:
If you want to move money abroad, from Israel or to Israel for example, Fexco provides efficient and secure global bank to bank transfers and bespoke payment solutions for both business and personal clients.
Fexco provides a secure international money transfer service online or by telephone with bank beating fx rates and low fees. Specialises in high-value transfers.
Fexco will help you to keep your overseas money transfer costs to a minimum.
|Fee||£10 < £5K or Free > £5k|
|Ccy||All (130 currencies, incl ‘exotics’)|
|Services||Repatriation of funds, Property, Regular payments, High Value payments, spot, online, telephone.|
When you are ready to make your transfer, John and his team will be available to help you with better rates and an unrivalled service to make sure your funds are delivered securely and speedily.