How to Send Money to Israel from USA and Other Countries

Sending money to Israel from the USA or other countries can be a straightforward process if you know the right steps. You can use various money transfer services to send money to Israel, such as Western Union or MoneyGram.

These services have physical locations and online platforms where you can initiate the transfer process. You can also use online banking to transfer money to Israel, but this may require setting up an international account.

To send money to Israel, you'll need to provide the recipient's details, including their bank account number and sort code. You'll also need to specify the amount you want to send and the transfer method.

It's essential to research the fees and exchange rates associated with your chosen transfer service to ensure you get the best deal. Some services may offer more competitive rates or lower fees than others.

Wise is currently the cheapest and fastest service for international money transfers to Israel.

To find the best provider for your needs, consider the transfer fees and exchange rates. You can compare services like Wise, XE, CurrencyFair, OFX, and Remitly to find the one that suits you best.

The fastest provider in our table to transfer money to Israel is Wise, with transfer times ranging from instant to 2 days.

You can also consider the payment options available, such as bank transfers, card payments, or online payments. Some services like XE, Wise, and CurrencyFair offer card payments, while others like Remitly allow you to pay by bank transfer or card.

Here are some services that support card payments:

It's worth noting that paying with a card can come with additional fees, making it more expensive than paying by bank transfer.

Wise offers online and in-app money transfer services to Israel and 80+ other destinations around the world, with mid-market exchange rates and low fees from 0.41%.

You can fund your international money transfer to Israel through various payment methods. Bank transfer is typically the cheapest option, which is why it's used to compare providers on Exiap.

Some providers, like Wise and Remitly, offer card payments, including debit and credit cards, which can result in faster fund transfers, but often come with additional fees.

Wise, for example, accepts card payments, as well as bank transfers, SWIFT, Google Pay, and Apple Pay. Remitly also accepts card payments, in addition to bank transfers and prepaid cards.

If you're looking for providers that support card payments, here's a list of some options:

It's worth noting that some providers, like XE and CurrencyFair, only offer online payment options.

International money transfer fees can be a significant part of sending money to Israel, with fees ranging from 12.07 AUD to 101.08 AUD, depending on the provider and method of payment.

You'll also want to consider the exchange rate, as some providers may hide fees within the rate itself. A typical wire transfer fee can be around 5% of the total transaction, which works out to between $25 to $65, depending on the transfer amount.

To give you a better idea, here are some approximate fee ranges for sending money to Israel with different providers:

These fees can add up quickly, so it's essential to compare rates and fees before making a transfer.

Typical fees for sending money to Israel can vary greatly depending on the service you use. Some providers, like Wise, can charge as low as 39.24 USD, while others, like Remitly, can charge up to 151.77 USD.

Traditional bank transfer fees can be even higher, with some banks charging up to 5% of the total transaction in fees. This can work out to between $25 to $65, depending on the transfer amount.

The recipient will also be charged a fee of around $15 to $30 on the transaction. These fees are on top of the exchange rate margin, which can add up quickly.

Here's a breakdown of the typical fees you can expect to pay:

Keep in mind that these fees can vary depending on the transfer amount and other factors. It's always a good idea to shop around and compare fees before sending money to Israel.

International Limits can be quite confusing, but let's break it down. There is no legal limit on how much money can be sent to or from the United States.

Different providers have their own limits, which can vary widely. For example, banks and other payment providers may impose their own limits on international money transfers.

Some providers may change their limits depending on how you fund your transfer. Paying by card might have different limits compared to paying using a bank transfer.

It's essential to check with your provider to understand their specific limits and any potential changes. This will help you plan your international money transfers accordingly.

The USD/ILS exchange rate is constantly changing due to shifts in supply and demand, and can be influenced by factors like the economy, politics, and speculation.

Right now, 1 US Dollar buys 3.561 Israeli New Shekel.

To get the best rate for sending money to Israel, look for providers that use the mid-market exchange rate, which is the rate used by banks when buying and selling currencies.

A provider that uses the mid-market rate for international transfers from the United States to Israel is Wise.

The mid-market rate for a US Dollar to Israeli New Shekel is currently 3.561.

The AUD/ILS exchange rate also fluctuates over time due to changes in supply and demand, and can be influenced by factors like the economy and politics in Australia and Israel.

Right now, 1 Australian Dollar buys 2.20477 Israeli New Shekel.

If you're sending money from the United States to Israel, you might see different rates offered by banks and retail exchanges, due to the extra fees they charge on top of the current spot rate.

For instance, if the spot rate is 1USD to 3ILS, you might end up receiving a rate of 1USD = 2.90ILS, with the bank or transfer company taking a 3% margin.

Using a provider that offers the mid-market rate can help you avoid these extra fees and get a better exchange rate.

Wise is currently the cheapest option for international money transfers to Israel, with a cheapest cost of $39.24 USD.

If you're looking for the fastest service, Wise is also the way to go, with transfer times ranging from instant to 2 days.

When comparing money transfer services, it's essential to consider transfer fees and exchange rates. The following services are included in our comparison: Wise, XE, CurrencyFair, OFX, Remitly, ANZ, Commonwealth Bank, and Western Union.

Here's a brief overview of the services we've compared:

These services are all reputable options for transferring money to Israel, and we've compared their fees, exchange rates, and transfer times to help you make an informed decision.

Based on our research, the top providers for transferring money to Israel from the US are Wise, XE Money Transfer, and Remitly. Wise is currently the fastest and cheapest option, with transfer times ranging from 0 to 2 days and a cheapest cost of $39.24 USD.

Remitly is the best-rated provider, with a Trustpilot rating of 4.6 and a reputation for excellent service. XE Money Transfer is also highly rated, with a Trustpilot rating of 4.3 and a reputation for providing good exchange rates.

Here's a breakdown of the top providers:

These providers are all highly rated and offer competitive exchange rates and transfer times. However, it's always a good idea to compare multiple providers to find the best option for your specific needs.

Providers of services usually have a physical presence, such as an office or clinic, where clients can visit for treatment.

Some services, like telehealth, can be accessed remotely through video calls or messaging apps.

Providers may specialize in specific areas, like mental health or physical therapy, to cater to diverse client needs.

Online platforms can connect clients with providers who may not have a local presence.

A provider's qualifications, experience, and reputation are often essential factors in choosing a service.