How to send money to Israel from Germany with the best EUR-ILS rate

Xe is the best and cheapest service overall. On €7,000 you will get 24,439.1 ILS after fees and the exchange rate.

We’ve compared 10 money transfer companies in more detail below.

Best companies for EUR/ILS transfers

10 of 10 providers

Last updated on 28 September 2026

Based on 7,000 EUR transfer

Best companies for EUR/ILS transfers

Sort Cheapest
Promoted

Wise

Pay via Bank transfer
Fee €39.78 1 EUR = 3.4706 ILS +0.01% vs mid-market Recipient gets ₪24,155.93 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Israel with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
€39.781 EUR = 3.4706 ILS
₪24,155.93You pay€7,000.00
Promoted

Xe

Pay via Debit card
Fee €0.00 1 EUR = 3.4913 ILS -0.59% vs mid-market Recipient gets ₪24,439.10 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Israel with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 3.4913 ILS
₪24,439.10You pay€7,000.00

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Xe

Pay via Debit card
Fee €0.00 1 EUR = 3.4913 ILS -0.59% vs mid-market Recipient gets ₪24,439.10 Minutes - 24 hours
Cheapest
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Israel with Xe when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 3.4913 ILS
₪24,439.10You pay€7,000.00

Xe

Pay via Bank transfer
Fee €0.00 1 EUR = 3.4913 ILS -0.59% vs mid-market Recipient gets ₪24,439.10 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Israel with Xe when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 3.4913 ILS
₪24,439.10You pay€7,000.00

Xe

Pay via Credit card
Fee €0.00 1 EUR = 3.4913 ILS -0.59% vs mid-market Recipient gets ₪24,439.10 Minutes - 24 hours
Personal account managerReceive to bank accountDedicated support for larger transactions

Ways to receive money in Israel with Xe when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 3.4913 ILS
₪24,439.10You pay€7,000.00
Exclusive: Special Rate for 1st Transfer

Key Currency

Pay via Bank transfer
Fee €0.00 1 EUR = 3.4622 ILS +0.25% vs mid-market Recipient gets ₪24,235.57 Minutes - 3 days
Personal account managerReceive to bank account

Ways to receive money in Israel with Key Currency when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
Free1 EUR = 3.4622 ILS
₪24,235.57You pay€7,000.00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee €0.00 1 EUR = 3.4615 ILS +0.27% vs mid-market Recipient gets ₪24,230.71 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Israel with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 3.4615 ILS
₪24,230.71You pay€7,000.00

TorFx

Pay via Bank transfer
Fee €0.00 1 EUR = 3.4605 ILS +0.30% vs mid-market Recipient gets ₪24,223.43 Minutes - 24 hours
Personal account managerReceive to bank accountIdeal for buying property abroad

Ways to receive money in Israel with TorFx when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 3.4605 ILS
₪24,223.43You pay€7,000.00

OFX

Pay via Bank transfer
Fee €0.00 1 EUR = 3.4535 ILS +0.50% vs mid-market Recipient gets ₪24,174.83 Minutes - 24 hours
Personal account managerReceive to bank account

Ways to receive money in Israel with OFX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 3.4535 ILS
₪24,174.83You pay€7,000.00

Wise

Pay via Bank transfer
Fee €39.78 1 EUR = 3.4706 ILS +0.01% vs mid-market Recipient gets ₪24,155.93 Within minutes
FastestRecommended
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Israel with Wise when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
€39.781 EUR = 3.4706 ILS
₪24,155.93You pay€7,000.00

Currencies Direct

Pay via Bank transfer
Fee €0.00 1 EUR = 3.4504 ILS +0.59% vs mid-market Recipient gets ₪24,152.80 Minutes - 24 hours
Personal account managerMulti-currency cardReceive to bank account

Ways to receive money in Israel with Currencies Direct when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 EUR = 3.4504 ILS
₪24,152.80You pay€7,000.00

Wise

Pay via iDEAL/WERO
Fee €49.91 1 EUR = 3.4706 ILS +0.01% vs mid-market Recipient gets ₪24,120.77 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Israel with Wise when paying by ideal/wero.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
€49.911 EUR = 3.4706 ILS
₪24,120.77You pay€7,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee €40.50 1 EUR = 3.4633 ILS +0.22% vs mid-market Recipient gets ₪24,103.16 Same day
Multi-currency cardReceive to bank account

Ways to receive money in Israel with Revolut when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositSame day
€40.501 EUR = 3.4633 ILS
₪24,103.16You pay€7,000.00

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

CurrencyFair

Pay via Bank transfer
Fee €4.03 1 EUR = 3.4360 ILS +1.01% vs mid-market Recipient gets ₪24,038.00 Minutes - 24 hours
Receive to bank account

Ways to receive money in Israel with CurrencyFair when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
€4.031 EUR = 3.4360 ILS
₪24,038.00You pay€7,000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Debit card
Fee €79.00 1 EUR = 3.4633 ILS +0.22% vs mid-market Recipient gets ₪23,969.82 Within minutes
Multi-currency cardReceive to bank account

Ways to receive money in Israel with Revolut when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
€79.001 EUR = 3.4633 ILS
₪23,969.82You pay€7,000.00

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

Wise

Pay via Debit card
Fee €94.71 1 EUR = 3.4706 ILS +0.01% vs mid-market Recipient gets ₪23,965.29 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Israel with Wise when paying by debit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
€94.711 EUR = 3.4706 ILS
₪23,965.29You pay€7,000.00

Moneycorp

Pay via Bank transfer
Fee €0.00 1 EUR = 3.4223 ILS +1.40% vs mid-market Recipient gets ₪23,956.17 Minutes - 2 days

Ways to receive money in Israel with Moneycorp when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 EUR = 3.4223 ILS
₪23,956.17You pay€7,000.00

Wise

Pay via Credit card
Fee €136.72 1 EUR = 3.4706 ILS +0.01% vs mid-market Recipient gets ₪23,819.49 Within minutes
Multi-currency cardReceive to bank accountDedicated support for large transfers

Ways to receive money in Israel with Wise when paying by credit card.

MethodFee & ratesRecipient gets
Bank depositWithin minutesAvailable via:Bank Transfer
€136.721 EUR = 3.4706 ILS
₪23,819.49You pay€7,000.00
How Our Results Work
Mid-market rate: 1 EUR = 3.4709 ILS Updates every 60 minutes.

How to send money from Germany to Israel

Pick a company

For a one-off transfer from Germany, I suggest picking the cheapest option which is Xe.

On a 7,000 EUR transfer, Xe delivers the most ILS.

This will change depending on how much you actually send, so I suggest running a live search to get the best EUR/ILS rate.

Fund your transfer

You have 4 ways to pay, including bank transfer, debit card, credit card, and ideal.

Verify and send

First time round you'll need a photo ID and proof of your German address.

Video identification is also normal and takes a few minutes.

Ways to send money from Germany to Israel

There are 10 companies for sending money from Germany to Israel, across broker, online, app, multi-currency account, and global account, and more below.

Fastest and easiest way

Online and app transfers

Within the eurozone, SEPA covers all transfers, but outside, it gets very expensive and money transfer companies make it cheaper.

Sending €7,000 with Xe to Israel gets you 24,439.1 ILS with a €0 fee and -0.59% markup.

Debit cards (and Apple Pay / Google Pay) usually have instant deposits, but your girocard usually won't work as a funding method.

For large transfers from Germany

Currency brokers

For buying property, moving to Israel, or moving pensions, a currency broker is the best option.

A broker like Xe charges no fee and works on a margin. It adds -0.59% on EUR/ILS which gets negotiated the more you send.

And you get an account manager to help you through the process.

For some international payments above €50,000, German residents may need to file an AWV report with the Bundesbank, make sure to check in advance.

For making business payments

Global accounts

Global accounts are for businesses making payments to Israel.

Be it overseas suppliers and contractors, receiving ILS payments, or holding ILS and EUR in one business account.

Companies like Airwallex, WorldFirst, or Wise Business offer the best tools for international business transfers.

For spending & receiving

Multi-currency accounts

A multi-currency account lets you hold EUR and ILS in one account.

You get ILS bank details, and can receive international payments like rent, dividends, family payments without additional conversions.

You can convert ILS to EUR or EUR to ILS whenever you need.

The best multi currency account is Wise, it adds ~0.01% markup and charges small fees.

Ways to fund EUR and receive ILS in Israel

With Xe, paying by debit card and receiving through bank deposit is the cheapest way. Sending €7,000 gives your recipient 24,439.1 ILS.

You can pay for the transfer using bank transfer, debit card, credit card, and ideal.

Using German bank

A SEPA bank transfer is usually the cheapest way to deposit EUR.

An instant SEPA payment can reduce funding time, but it does not guarantee instant delivery to Israel.

The recipient in Israel can receive ILS by bank deposit.

To receive ILS by bank deposit

Enter the recipient's banking details and account holders name.

Check both before sending because correcting a bank deposit will delay the transfer.

  1. 1
    Debit card Bank deposit

    You pay €7,000.00

    ₪24,439

    Cheapest

  2. 2
    Bank transfer Bank deposit

    You pay €7,000.00

    ₪24,439

    ₪0

  3. 3
    Credit card Bank deposit

    You pay €7,000.00

    ₪24,439

    ₪0

  4. 4
    Ideal Bank deposit

    You pay €7,000.00

    ₪24,121

    -₪318

Things to know before sending money from Germany to ILS

The main question in Germany is whether you are sending euros inside SEPA or converting them. Large cross-border payments can also create a Bundesbank reporting duty.

Compare EUR/ILS transfer options

For a €7,000 transfer to Israel, these are the best options:

Cheapest way to send money to Israel

The cheapest option is Xe, funded by debit card with bank deposit for the payout. Your recipient gets 24,439.1 ILS, which is 0.83% more than the next best option.

Fastest way to send money to Israel

The fastest option is Wise. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 24,155.93 ILS in innerhalb von 3 stunden.

Transfers over €50,000 may get reported

Germany's AWV reporting threshold is €50,000.

A German resident may need to report a payment above that amount to the Bundesbank when it is made to a non-resident.

It is a statistics report, not a tax or permission request.

Transfers between your own domestic and foreign accounts are exempt, and other exemptions apply depending on the payment purpose.

The automated AWV notice shown by a bank does not mean every transfer is reportable.

The Bundesbank guidance for private individuals explains who reports, what is exempt and how to file.

SEPA and SWIFT are different

If the recipient has a euro account in the SEPA area, a normal SEPA payment can be the simplest option.

A payment converted into ILS sits outside that pricing rule and may involve another bank or payout partner.

Check whether the quote uses SHA, OUR or BEN charges on a bank transfer.

This decides whether intermediary costs are shared, paid by you or deducted from what the recipient receives.

Live EUR-ILS Exchange Rate

Finding the best rate to send money from Germany to Israel

The EUR/ILS rate can move noticeably within a week, changing the amount your recipient gets in ILS.

Mid-market rate:1 EUR = 3.499901 ILS

How we analyse the market

Nothing reaches this table without going through our review first, and every company is BaFin-registered or passported into Germany.

We then track 10 of them on EUR to Israel, comparing rates, fees and the pay-in and payout options.

More on who we are, why you can trust us and how to get started.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.