Foreign Salaries

We help many clients who either commute to work overseas, or who earn their salary in a currency other than Shekels.

If you get your employer to send the salary directly into your Israeli Shekel account, you will be in the hands of the bank as to the amount of Shekels you receive. The exchange rate achieved and the receiving costs and conversion costs add up to make a significant dent in your salary.

Contact one of our currency dealers to let them know your requirements, and they will create a regular transfer plan that will save you money and time. Once the plan is set up you can put the worry of transfers to the back of your mind, safe in the knowledge that your money will arrive on time and at the best exchange rates every month.

  • Increase your spending power
  • Tailored regular transfer plan
  • Save you money
  • Hassle free
  • Protection from volatile rates

Help increase your spending power – Due to the high turnover we put through our accounts we have access to rates that our clients cannot achieve if they go into their bank. We pass these savings on to our clients, hence the client receives a better exchange rate and an increase in spending power.

Tailored to your circumstances -As foreign exchange specialists, we offer services that most people won’t be offered if they go into their bank. We offer spot, forward and limit order contracts. The correct contract depends on the customers unique circumstances – don’t worry, one of our specialists will talk through all the options.

Save you money -We want to ensure our clients receive the best rate possible and time the conversion to help optimize the rate achieved. We offer free transfers to an account in Israel and do not charge commission. We also help avoid receiving charges that are normally charged for sending funds directly to a bank account.

Hassle free - We walk you through the process of transferring funds from overseas to Israel.

Protection from volatile rates – People who earn a salary from overseas you are exposed to exchange rate volatility. Our specialists can explain to you methods at our disposal to help protect against this exposure. This is especially important when you have fixed costs in Shekels and dont know how many shekels your income will get you each month.