Want to fix the exchange rate for all your monthly payments up to two years?

Scenario: Many people are worried about fluctuations in the exchange rate effecting their Shekel spending power. As a result many people wish to fix the exchange rate for their monthly payments for a period of up to 2 years. Once fixed, you can put your mind at rest, knowing every month you will be receiving the same rate of exchange. You will also not have to arrange payments monthly as it will be an automated process.

By signing up to the monthly payment plan, you are committed to buying the currency at that rate for the duration of the contract.

Example: The client wishes to convert $5,000 each month, but wants to know exactly how many Shekels this will give them. If they fix the rate for the year at 3.60 they know that every month for the next year they will be receiving 18,000 NIS. The client has piece of mind, knowing that whatever the exchange rate throughout the next year, he will receive 18,000 NIS for $5,000. The exchange rate used will be based on the interbank rate at the time of signing-up for the regular payment plan, and will be the same rate for all months of the payment plan.