Israel’s
Currency Exchange Experts
Since 2008.

We've been privileged to help our clients send hundreds of millions of dollars to and from Israel each year.

The IsraTransfer team at our Ramat Gan offices
Why IsraTransfer
“If it were our money, what would we do?”

When handling funds — very often, life savings — our motto helps us focus on what’s really best for our clients. Period.

Dependable

Since the founding of the company in 2008, we have worked diligently to create a trusted brand based on the reliability of our services and the relationships we build with our clients.

Relationships

Whether you’re sending $10,000 or $5 million, you get the same personalised attention — a real human in Israel who picks up the phone, learns your situation, and remembers it next time.

Secure

We convert client funds immediately on your permission. No overnight currency exposure, no waiting on opaque processes. Your money moves on your timeline, not ours.

Who We Serve

Thousands trust IsraTransfer

Across four very different journeys, our clients share one thing: they’re moving meaningful sums of money — and they want a partner who treats it that way.

Olim

New immigrants from the US, UK, France, Canada and beyond.

Foreign Residents

Living in Israel with income, pensions or investments abroad.

Investors

Property buyers and portfolio investors moving down-payments, drawdowns and proceeds in and out of Israel.

Businesses

Israeli companies paying overseas suppliers, receiving foreign revenue, and managing currency exposure with forward contracts.

Our Mission

Moving money globally since 2008

From the start, our mission has been simple: give Israelis and friends of Israel a faster, cheaper, friendlier alternative to the banking system.

Expertise

Deep knowledge of financial markets and the mechanics of moving money — built over 18+ years and billions in shekel volume.

Service

Friendly, competitive, tailored. Every client gets a dedicated account manager who knows their name and their situation.

Solutions

We provide a viable and competitive alternative for customers who are not satisfied with the dominance and high fees of the major banks.

Our Story

Eighteen years — chai, one mission

From a single Modi'in office in 2008 to a trusted specialist team today — the milestones along the way. (“Chai” means eighteen, and “life,” in Hebrew.)

2008

Founded in Modi'in

Doron Seitz and Daniel Engelsman open IsraTransfer’s doors with a single goal: a fairer, friendlier alternative to Israel’s banking duopoly.

2012

First 1,000 clients

Word-of-mouth reaches olim communities abroad — the trickle becomes a steady flow.

2015

₪1 billion exchanged

Cumulative volume crosses the billion-shekel mark, much of it on behalf of overseas property buyers.

2018

10,000+ clients

Coverage expanded to follow our clients across multiple time zones — trading desk hours stretched, account managers added.

2024

ISO 27001 certified

Independent audit of our information security.

2025

₪30B+, 30,000+ clients

Including 5,000+ overseas property closings — one of Israel’s longest-established independent currency firms.

Today

ISA-regulated, 20+ team

Now supervised by the Israel Securities Authority, with a 20-strong team of traders, account managers and operations specialists supporting clients every working day.

Leadership

Meet the Co-Founders

At IsraTransfer, we are passionate about providing a secure and simple service to our clients. With over 60 combined years experience, our leadership team understand your language, culture, and expectations.

Doron Seitz, CEO and Co-Founder of IsraTransfer
Doron Seitz
CEO & Co-Founder
“After 18 years, I still meet personally with clients moving life-changing sums. That’s not a policy — it’s a privilege.”

Doron founded IsraTransfer in 2008 after years in financial services, convinced that olim and overseas investors deserved better than the banks. He still personally meets clients moving life-changing sums — because he believes that’s how trust gets built.

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Daniel Engelsman, Head of Trading and Co-Founder of IsraTransfer
Daniel Engelsman
Head of Trading & Co-Founder
“Every basis point I save on the trading desk is a flight upgrade, a kitchen renovation, or a year of school fees for someone. I take great pride in supporting our clients on their journey home.”

Daniel leads IsraTransfer’s trading desk, sourcing the live rates and forward contracts that keep clients ahead of the banks. With over a decade on Israeli FX markets, he’s the reason a $250,000 transfer here costs you thousands less than down the road.

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Experience Matters

It’s why our clients keep coming back

Whether it be the language barrier, inconvenient opening hours, or impatient clerks, dealing with the banks in Israel can be frustrating, to say the least. At IsraTransfer, we promise friendly and efficient service from people who understand your language and culture.

Our professional staff will guide you through every aspect of your wire transfers and currency exchange – with a smile. So sit back and relax while we save you money.

2008
Founded
30,000+
Satisfied Clients
₪30B+
Shekels Exchanged
5,000+
Property Clients
Frequently Asked

About the company

The questions clients ask before they trust us with their savings.

Yes. IsraTransfer Ltd. is licensed and supervised by Israel’s Israel Securities Authority (ISA). We report directly to Israel’s Anti-Money-Laundering Prohibition Authority and are ISO 27001 certified for information security.
We were founded in 2008 by Doron Seitz and Daniel Engelsman. Over the past 18+ years, we’ve served more than 30,000 clients and exchanged over ₪30 billion in foreign currency — making us one of Israel’s longest-established independent currency exchange firms.
Client funds are held in segregated client accounts, separate from company funds, at top-tier Israeli and international banks. We carry the licensing, capitalisation and audit obligations of a regulated financial institution.
We’re a specialist: Israel-focused currency exchange is all we do. That focus means better rates, fast and secure transfers, and a team that understands the realities of Aliyah, Israeli property, and cross-border income. And every client gets a real account manager — not a chatbot.
Our headquarters are based in Ramat Gan with additional presence in Jerusalem and representatives worldwide. Clients are always welcome to meet us in person.

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