Why Won’t My Israeli Bank Just Accept My Money?

Why Won’t My Israeli Bank Just Accept My Money?

As many in Israel are quick to learn, an ounce of paperwork prevention can be worth a pound of cure; especially when it comes to saving precious money, time, and hassle on your overseas currency transfers. It wasn’t too long ago that transferring currency to Israel...

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The IsraTransfer Report – March 2019

The IsraTransfer Report – March 2019

Sustained appreciation in the Shekel continues to keep inflation in check, along with the prospects of future interest rate hikes. From the IsraTransfer Trading Desk It was an up and down month for the USD/ILS, literally.  After starting off February at 3.63, the...

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The IsraTransfer Report – February 2019

The IsraTransfer Report – February 2019

Lot’s of real estate news dominated the headlines in the month of January, including a heat-up in the luxury market, and new mortgage taking numbers starting to rise.  All that, plus the latest on Brexit from the IsraTransfer Trading Desk, and Israel doubles up in the...

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The IsraTransfer Report – January 2019

From the IsraTransfer Currency Trading Desk The shekel has come out of the gates with a remarkable showing that has led to the currency trading at its strongest levels against the US dollar in three months, and the Euro in two.   We see its strength against the...

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The IsraTransfer Report – December 2018

The IsraTransfer Report – December 2018

Happy Chanukah from IsraTransfer From the IsraTransfer Trading Desk The Chanukah gift-giving season certainly came early this year, as the USD/ILS exchange rate experienced some of its most impressive returns in over twenty-four months.  Since bottoming out in...

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The IsraTransfer Report – November 2018

The IsraTransfer Report – November 2018

Election season has come and gone and with both local Israeli and now the US mid-terms in the rear view mirror, could a potential reversal of fortune be on the horizon?   Meanwhile, our all new Mechir Lamishtaken infographic is an absolute must read for any for any...

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Israel Currency Exchange Roundup – Issue 32

Israel Currency Exchange Roundup – Issue 32

Patience has certainly paid off for those who have been waiting on better shekel exchange rates, as both the US and Canadian dollars again flexed their muscle against their Israeli counterpart.  Meanwhile, the fog of Brexit continued to dampen the Brexit scene that...

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Israel Business Week Roundup – Issue 31

Israel Business Week Roundup – Issue 31

A stronger US dollar has the exchange rate on the rise, although the Minister of Finance looks to put taxes on the chopping block.  All that, plus the country’s reputation experiences a slight setback. It’s the latest installment of the Israel Business Week Roundup....

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Israel Business Week Roundup – Issue 30

Ruffling feathers was certainly the theme of the week including German Chancellor Angela Merkel ruffling the feathers of the women in Israel’s hi-tech scene and US President Trump taking aim at his country’s own central bank (more on that to come).  Meanwhile, the...

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The IsraTransfer Report – October 2018

The Chagim may be over, but there's still plenty to rejoice over, including our latest currency trading outlook from the IsraTransfer Trading Desk.  Plus, things may be getting more interesting at the Bank of Israel in the week to come, and school's in session for...

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