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Israel × Payments, Foreign Exchange & Settlement
Moving money between markets: payments, currency and settlement. In Israel, that means local law, local regulators and local practice, handled by a qualified professional who practises there.
On request
No WONE Global Partner holds this yet. Send us your requirement: WONE Global confirms whether a vetted Associate firm can act, tells you who it is and checks for conflicts before any work begins.
Bring a requirement →Jerusalem · Tuesday 3 November
22:45
Local time
What the rules say in Israel
From the Israel market guide: the points that matter most for payments, foreign exchange & settlement, each with the source it was checked against.
Essentials guide · Source-checked research73% of statements checked against a source9 checked against an official source32 checked against a secondary sourceChecked 2026-10-195 held back until checked against an official source8 topics include AI-written statements, not source-checkedNot yet professionally reviewed
The currency is the new Israeli shekel (ILS), and the Bank of Israel is the central bank.
AI-written, not source-checkedIsrael has liberalised foreign exchange controls, and residents and non-residents may generally transfer funds into and out of Israel without approval.
Reporting obligations to the Bank of Israel apply to some large or specified transactions, and tax withholding applies to outbound payments.AI-written, not source-checkedIsrael restricts large cash payments under a cash-reduction law in force since January 2019, with the limits lowered from 1 August 2022.
Since 1 August 2022, cash payments to a business are capped at NIS 6,000 and cash dealings between private individuals at NIS 15,000; for larger deals cash may make up no more than 10% of the total value.Ynetnews · checked 2026-10-19Read the full guide: Banking, payments and capital
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WONE Global Partners in Israel
No named lead for Payments, Foreign Exchange & Settlement yet — these WONE Global professionals already work in Israel and can bring the right local colleague in.
Tel Aviv · IsraelWONE Global Partner · Israel
Adv. Karin Horev has been practicing corporate and commercial law for more than 20 years, with a focus on complex technology-related matters. Over the years, Karin has led a large number of complex and wide-ranging tran…
Also in Israel
Appointed services show their named professional. Open positions link directly to the Expression of Interest form.
Cases
The cases this service leads or joins, each with what is at stake, how WONE Global handles it and who handles it in Israel.
Every case involving Payments, Foreign Exchange & Settlement →
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