The Best International Money Transfer Services in Israel in 2026

Companies for sending money from Israel

These options serve different funding and receiving needs, with local registration requirements checked alongside the destination and transfer cost.

Mid-market bank payments in shekels

9.2

Wise

Fees

0.1% - 2.6%

Exchange Rate Markup

0%

Transfer Speed

Minutes - 24 hours

Visit

"Over 15 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."

Card-funded family transfers

8.2

Remitly

Fees

None

Exchange Rate Markup

0.1% - 1.3%

Transfer Speed

Minutes - 3 days

Visit

"Remitly focuses on sending money to friends and family in Asia, Africa and South America. Wide coverage and well-suited to regular transfers home."

Currency support for planned bank payments

8.6

Xe

Fees

$1.99 - $2.99

Exchange Rate Markup

0.3% - 2.1%

Transfer Speed

Minutes - 24 hours

Visit

"Xe has over 30 years of currency exchange experience, and is one of the most reputable names on the market. 200 countries, 100 currencies, & funds often received in seconds."

Cash and salary funding without a bank account

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Neema

Fees

Exchange Rate Markup

Transfer Speed

Visit

Agent help and recipient-card delivery

?

GMT

Fees

Exchange Rate Markup

Transfer Speed

Visit

Larger payments with an account manager

8.9

Currencies Direct

Fees

None

Exchange Rate Markup

0.2% - 2%

Transfer Speed

Minutes - 24 hours

Visit

"Currencies Direct have over 30 years of global money transfer expertise. Award winning service with a TrustPilot rating of 4.9. Lock-in rates for the future or trade 24/7 on web or mobile."

Wise

Mid-market conversion for personal bank payments

Wise suits payments funded from your own Israeli bank account, particularly when you want currency conversion at the mid-market rate.

Its separate transfer fee varies with the amount and destination, so the final cost still needs checking against other quotes.

The main limitation is identification, because sending shekels requires Israeli-issued documents rather than allowing registration with any foreign passport.

Local verification requires two qualifying Israeli identification documents and proof of address, with approval usually taking two to four working days.

My suggestion is to complete those checks before arranging a tuition payment or another overseas bill with a fixed deadline.

Shekel funding comes from your own bank account, which rules out handing over cash or using somebody else's account to pay.

The bank payment usually takes one to two working days to reach Wise, and conversion can take another two working days.

Delivery after conversion depends on the receiving currency and route, so an instant domestic bank payment does not guarantee instant overseas arrival.

Wise ILS Ltd is authorised by the Israel Securities Authority, and the shekel route has specific approved payment purposes.

Before paying a large bill, confirm that its purpose qualifies and use the exact bank reference supplied for your transfer.

Remitly

Cash collection and mobile wallets for family

Remitly gives family recipients alternatives to a bank deposit, with cash collection and mobile-wallet delivery available on supported routes.

I suggest choosing the receiving method before comparing prices, because a bank quote cannot replace cash collection when that is what your family needs.

Ordinary transfers from Israel can be funded with a debit or credit card, and costs vary with the destination and collection method.

The exchange rate contributes to the total cost, while your card issuer may apply charges separately from Remitly's sending fee.

For migrant workers, the separate Remitly SalaryCard service offers another way to send wages after an employer pays the salary into the account.

Eligible SalaryCard transfers have no sending fee, although that does not remove the exchange-rate cost or guarantee the highest recipient amount.

Cash loading through participating local locations also helps eligible workers who would otherwise need a separate bank-funded transfer.

I'd say check the SalaryCard conditions separately, rather than treat its zero-fee offer as the price for every Israeli customer.

The Israeli contracting company is Rewire (O.S.G) Research and Development Ltd, licensed by the Capital Market, Insurance and Savings Authority.

Use the delivery estimate for your selected payment and payout method, especially when relatives need to collect money on a particular day.

Xe

Currency support for a planned overseas bank payment

Xe suits a planned bank payment when you want to discuss the transfer with its support team before committing your shekels.

I'd say compare it with Wise and Currencies Direct for an overseas bill, particularly when the payment needs more preparation than a routine family transfer.

Its currency charts and rate alerts help you follow the market while preparing the recipient details and completing identity checks.

The converter's mid-market rate differs from Xe's sending rate, which includes an exchange-rate margin even when the transfer fee is zero.

The ILS3,500 and ILS12,000 examples compare that conversion cost and the bank recipient amount across supported currencies.

Use the shekel funding instructions attached to your order, and check any charge from your own bank before paying.

Transfer fees depend on the amount, destination and payment method, while intermediary or receiving banks can impose additional charges.

I suggest confirming the account checks and accepted ILS payment route before relying on a deadline, especially for a first substantial transfer.

For card-funded family transfers or cash collection, I suggest comparing Remitly and Neema using the receiving method available on your route.

Neema

Cash funding without an Israeli bank account

Neema lets you fund a shekel balance with cash and send abroad without needing an Israeli bank account for the initial payment.

Its passport-based cash deposit process makes it particularly relevant to foreign workers who cannot meet Wise's Israeli-issued identification requirement.

The app generates a deposit code, which you present with a valid passport at a supported cash location before transferring the balance.

Neema charges no fee for depositing shekels, although your international transfer still has its own fee and exchange-rate cost.

Sending fees start from US$3, and the actual charge depends on the destination and payout method rather than applying universally.

Supported recipients can receive money into a bank account, mobile wallet or cash collection service, depending on where they live.

You can also fund the account through an Israeli bank transfer or supported cards, and eligible customers can receive employer salary payments.

My suggestion is to use the free shekel funding to compare complete transfer prices, rather than assume a free deposit makes the remittance free.

Cash deposit limits differ by identification status, so check the relevant funding limit before bringing a large amount to an agent.

Neema Shefa Israel Ltd is an Israel Securities Authority licensed payment institution, and recipient delivery remains subject to the selected route and verification checks.

GMT

Local-agent help and recipient-card delivery

GMT combines local agents with digital transfers, giving you staffed assistance when choosing how a recipient abroad should collect the money.

I like that approach when a recipient's available collection network is more important than sending everything through a bank account.

Supported routes include cash collection, overseas bank deposits and payments to eligible recipient cards, although those methods are not available in every country.

GMT works with several international networks, including Western Union, which is currently available through its branches and digital channels.

Funding options include cash through local agents and supported cards, while myGMT also provides a loading route for Postal Bank customers.

The app accepts identification or passport documents for its checks, making it relevant to both Israeli customers and eligible foreign workers.

The commission and exchange rate depend on the country and method, so I suggest requesting the recipient amount before agreeing to an agent transfer.

When paying by card, include any card issuer charge in that comparison rather than counting GMT's quoted commission alone.

GMT Tech Innovation Ltd has an Israel Securities Authority payment-services licence, alongside its Capital Market Authority financial-asset and credit licences.

For cash collection, confirm the collection location and required recipient identification before paying, because an available network does not guarantee every branch can complete your transfer.

Currencies Direct

An account manager for larger overseas payments

Currencies Direct offers an account manager for larger payments, which helps when you want to discuss the conversion and payment arrangements before committing.

I think it is worth considering for a substantial overseas property payment or bill, particularly when the transfer needs more attention than a routine family remittance.

Last updated at 16/10/2026

ILS USD

Mid Market Rate ₪1 = $0.3227

Transfer Amount ₪100,000

1

Currencies Direct

Currency pair

They get (after fees)

Transfer fees

FX Rate

Markup

Delivery time

Cheapest payment method

ILS / USD

$32,060.00

₪0.00

0.3206

0.65%

Minutes - 24 hours

Bank transfer

Visit

ILS GBP

Mid Market Rate ₪1 = £0.2424

Transfer Amount ₪100,000

1

Currencies Direct

Currency pair

They get (after fees)

Transfer fees

FX Rate

Markup

Delivery time

Cheapest payment method

ILS / GBP

£24,090.00

₪0.00

0.2409

0.64%

Minutes - 24 hours

Bank transfer

Visit

ILS EUR

Mid Market Rate ₪1 = €0.2875

Transfer Amount ₪100,000

1

Currencies Direct

Currency pair

They get (after fees)

Transfer fees

FX Rate

Markup

Delivery time

Cheapest payment method

ILS / EUR

€28,570.00

₪0.00

0.2857

0.63%

Minutes - 24 hours

Bank transfer

Visit

Its personal transfer service charges no sending fee, but the exchange rate includes a margin, so a zero-fee quote still has a conversion cost.

For a large amount, compare the final recipient sum against other quotes taken at roughly the same time.

Shekels are supported within its currency service, but you should obtain the actual funding instructions before moving money from your Israeli bank.

Do not assume that shekel support means payment into a domestic Israeli account, or that your bank will charge nothing to fund the transfer.

The company can discuss your payment with you, including the amount and destination, before you agree to its exchange rate.

Currencies Direct Ltd is regulated by the UK's Financial Conduct Authority as an electronic-money institution, which is a different regulatory relationship from the Israeli companies above.

Before arranging a deadline-sensitive transfer, I suggest confirming acceptance of the Israeli sender and payment purpose, then checking any intermediary or recipient-bank deductions.

Choose around your funding and recipient

Bank payments and family remittances serve different needs

For a substantial bank payment in dollars, pounds or euros, I suggest comparing Wise's bank-funded quote with a broker quote.

For family support in India, the Philippines or Thailand, choose around the bank, wallet or cash method the recipient can use.

Those receiving choices can change both the price and the documents needed, so compare the same method rather than the destination alone.

A foreign worker with a passport can also have different signup options from someone holding Israeli identity documents and a personal bank account.

Sending shekels requires the right identity and account

Wise's Israeli verification requires two different Israeli-issued identity documents and proof of address, so having a foreign passport is not enough for that process.

Its ILS bank funding comes from your personal account, with the payment reference used to connect the deposit to your transfer.

I'd say complete that setup before relying on Wise for an urgent payment, because identity approval and bank funding take time separately.

If you need to pay cash or use another funding method, select a service that supports it rather than assume every online company accepts the same payments.

Cash delivery needs a collection plan

Confirm the receiving agent, opening hours and identification before choosing cash pickup, especially when the recipient must travel to collect the payment.

For a mobile wallet, confirm the phone number and wallet registration, then check any cash-withdrawal charge outside the sending company's quote.

I suggest comparing the amount the recipient can use, rather than choosing a delivery method that looks cheaper but creates another local charge.

Comparing a larger overseas payment

On a larger transfer, a small difference in the exchange rate can outweigh a low sending fee, so compare the complete receiving amount.

For an overseas property payment or another invoice, ask whether the receiving or intermediary bank could deduct money after the transfer leaves the sending service.

Keep the recipient's bank instructions and evidence of the money's source ready, including relevant salary, savings or sale documents.

The checks depend on the company and payment, so a high service limit does not mean your first transfer will proceed without review.

Currencies Direct can quote for a larger bank payment, which I'd say compare with other bank-funded options for the same amount and currency.

Leave time for verification and bank funding

Submitting an order through a money transfer app in Israel does not establish that your money has reached the company or the recipient's bank.

With bank-funded transfers, check the first funding stage alongside conversion and overseas settlement, including each bank's working days and holidays.

For a first transfer, I suggest completing identity checks before the deadline becomes urgent, then using the arrival estimate for the actual funding method.

For holding foreign balances rather than making a one-off payment, multi-currency accounts in Israel covers the different account and spending options.

How to send money abroad from Israel

Check your amount and destination

Use the form below to compare available quotes, checking that the funding method and receiving arrangements match the payment you need.