Compare money transfers to Israel

The best services to transfer money to Israel

Israel is a Middle Eastern country on the Mediterranean Sea with a very vibrant economic system and technologically advanced. The country's advancement has led to the separation of its management centers. The economic and technology center is at Tel Aviv while the administration center is in Jerusalem. There are reasons abound to transferring money to Israel from all over the world. The reason could be family support, commercial purposes, or mortgage payments.

What are the different ways of transferring money to Israel?

The growth of the country has given rise to the emergence and existence of several money transfer service providers. To wire money from across the world to Israel is made easier through the following ways:

• The use of the bank transfer method which is quite common all over. The availability of debit and credit cards makes the whole process more efficient and easier.
• The use of e transfer method through the online money transfer is faster as transmitting money is made in a matter of minutes if not seconds.
• Service providers come handy in transferring money to such a developed country. The providers are faster and secure in delivering the money through the cash pick up locations.
• Sending and mailing money overseas via international checks is another best option for great results.

Which service should you use to send money?

The cheapest way to send money to Israel

Due to the existence of a variety of money transfer service providers, some offer free services to their users. Therefore, CurrencyFair is by far the cheapest way to transfer money. However, some providers require you to pay a small fee for the services they offer e.g. money delivery via the pick-up location methods. Other providers charge their fees considering the amount of money and the country the money is being transferred from.

The easiest way to wire money to Israel

The service providers vary in terms of ease and speed of delivery as compared to others. This is determined by the amount of time taken on both sending and receiving ends.

How to easily process a money transfer to Israel?

In whichever service provider you choose, there are steps to be followed for you to have a successful transaction.

Bank Transfer

1. Select your preferred payment method and register an account by providing key details i.e. your name, contacts, and ID proof.
2. Provide the required bank account details, recipient’s full name, and address/contact information.
3. Enter the amount to be transferred and press the key to complete the transaction.
4. Monitor and keep track of the transfer progress.

Online transfer

1. Select your preferred service provider and create an account.
2. Feed the recipient’s details and the amount of money to be transferred.
3. Carry out the verification process, authorize the process, pay the service fee, and track the transfer progress.

How much does it cost to send money to Israel?

When transferring 2000 dollars to Israel, the amount received is 7457.60 ILS in Remitly. You can also receive a money transfer from Wise for the amount 7428.95 ILS. And with CurrencyFair 7394.40 ILS. There is still an option PaySend , Xe Money Transfer.

9261.26 ILS - will be received by transferring 2000 pounds to Israel via Wise. Or it is possible to recieve a transfer for 9220.00 ILS with Remitly. With OFX, the recipient receives the amount of 9183.40 ILS.

Benefits of choosing our comparison tool

This site has the best tips on where to start and what to do when you intend to make money transfer transactions. Some of these benefits are as follows:

• You have a variety of best service providers to choose from.
• It saves you energy and time in determining the costs of different providers.
• All information you need is under one roof and well simplified.
• You have the opportunity to get the most efficient, faster, and secure service provider for your money.