Your security is our priority.
A safe and trusted alternative to the banks. For all your currency transfer needs.
When it comes to sending your money, it is essential to make sure that your currency transfer service provider is regulated. In Israel, any company providing currency exchange services must be regulated and able to provide you with a copy of their license.
IsraTransfer is fully licensed and regulated by the Ministry of Finance, license number 514135235. We report directly to the Anti Money Laundering Prohibition Authority, and we adhere to all “Anti Money Laundering” (AML) and “Know Your Client” (KYC) requirements.
Anti Money Laundering
“Dirty money” is money gained through illegal means, including drug dealing, gambling, various business based methods, and structuring, to name a few. We have procedures in place to prevent dirty money from passing through the banking system and, therefore, appearing “clean” or legitimate. Our procedures include, but are not limited to, ascertaining the identity of our clients, client risk analysis, suspicious transaction reporting, politically exposed person (P.E.P) identification, record keeping and sanction list checks.
Know Your Customer (KYC)
The Know Your Customer process helps us understand who our clients are, and the reason for their transactions. Our processes include verifying the identity of the client, establishing risk, and transaction monitoring.
IsraTransfer is the exclusive operator of the AACI (Association of Americans and Canadians in Israel) Currency Exchange Program, offering an unrivaled level of security when transferring money.