When Sending Money to Israel Gets Complicated

When Sending Money to Israel Gets Complicated

Sending money to Israel should be easy, unless of course you're dealing with the banks. "Why won't my bank accept MY money?"  This is an increasingly common question we receive from clients sending money to Israel, and anyone who has used the banking system here knows...

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The IsraTransfer Report – October 2017

The IsraTransfer Report – October 2017

It was a thrilling close to the year as we said goodbye to 5777 and welcomed in 5778. While recent news points to a slowdown in Israeli economic sentiment, trading in the shekel was very active with a range in the Sha'ar Yatzig swinging from 3.48 to 3.58, before...

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The IsraTransfer Report – September 2017

The IsraTransfer Report – September 2017

The summer temperature wasn't the only thing rising in Israel during August as the shekel-US dollar exchange rate heated back up with a climb over the 3.60 mark for the first time in two months. However, while the Sha’ar Yatzig against the US dollar may have regained...

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The IsraTransfer Report – August 2017

The IsraTransfer Report – August 2017

July was business as usual for the shekel as its strengthening continued despite escalated security concerns in Jerusalem's Old City, however, as tensions subsided the currency once again resumed its upward trend. Meanwhile, seeking to break barriers in history and...

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The IsraTransfer Report – July 2017

The IsraTransfer Report – July 2017

June was nothing short of an action-packed month, chock full of currency market moving news that included a somewhat surprise British election outcome and and interest rate increase by the US Federal Reserve. In spite of everything, the shekel showed its mettle and...

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The IsraTransfer Report – June 2017

The IsraTransfer Report – June 2017

Summer may not be here yet, but things are already heating up in Israel with the shekel hitting a three-year low in the U.S. dollar/shekel exchange rate, as well as a new Israeli banking industry policy change by the Bank of Israel. Meanwhile, Israeli Netflix fans...

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The IsraTransfer Report – May 2017

The IsraTransfer Report – May 2017

April was an action packed month for the shekel with a rise in volatility fueled in part by European election uncertainty, coupled with previous actions taken by Bank of Israel to soften prices. In response to these heightened swings in trading activity IsraTransfer...

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