How to send money to Israel

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How to send money to Israel

Learn how to send money to Israel in 4 simple steps, while also getting the best rate available.

1. Check out the ILS exchange rate to see if now is a good time to exchange

Exchange rates move up to 30000 times a day.

So, it’s always good to keep track of where your currency pair is and where it’s going to go.

This can help you time your exchange and get your more ILS for your money.

2. Compare a host of different companies available using our comparison engine

There are a lot of providers out there who can help you with your transfer.

They all offer different prices, products and services.

You have to know which one is right for you.

3. Select the most suitable option for you

What might be important to one person, might not be important for you.

For example, are you focused on safety rather than price?

Or, level of personal service over features?

4. Get a quote from your chosen provider and complete the transfer

After signing up, you’ll probably have to go through some compliance checks.

This means sending them some documentation to prove that it’s really you.

Once that’s done, it’s as simple as locking in an exchange and sending them your money.
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Best providers for sending money to Israel

We’ve done the research, so you don’t have to. Each provider is assessed on cost, safety, reliability and availability.
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Questions you might have about sending money to Israel

My bank offers currency transfers to Israel. Should I just use them instead?
No. Most high-street banks offer the worst currency rates on the market, paired with poor service and large transfer fees. On top of that, you won't have an advisor there to help with timing your exchange. In short, using your bank isn't a good idea.
Can I use TopMoneyCompare to send money to Israel?
No. We are simply here to compare the different options available for you, and give you the necessary advice to help you with your transfer and maximise your exchange. We are not a currency broker or payment provider.
Can I trust all of the companies on TopMoneyCompare to send money to Israel?
Yes. We want to make sure that you and your funds are as safe as possible. That's why we only write about and compare regulated companies. You can rest assured that any company listed on TopMoneyCompare is very safe.
How does TopMoneyCompare find the cheapest way to send money to Israel?
Simply put, we take your transfer volume and run an exchange rate quote with our listed providers. We'll then list the cheapest options for you to pick from. The top option will be the cheapest, however you may want to consider other criteria as well such as fees or transfer speed.
What is an international money transfer?
An international money transfer is the movement of money from one country to another via a bank transfer. Usually, this requires a currency conversion. Our purpose is to help you find the cheapest way to transfer money internationally.

Transfer money to Israel from other countries

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Why Trust TopMoneyCompare?

Even in 2023, most banks are still majorly overcharging on international transfers.

They provide some of the worst exchange rates on the market, combined with hefty transfer fees.

Fortunately, there are lots of other options available for you to get a better deal.

You’ll need to know which option is going to save you the most money and provide the service you need.

Using TopMoneyCompare’s real-time comparison engine, you can do exactly that.

We launched in 2021 with the idea of helping people get the price and service they deserve when moving money abroad.

Fast-forward 2 years, thousands of people now trust our guides and reviews.
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