IsraTransfer review
Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026
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Our verdict
IsraTransfer charges no wire or processing fee, so the only cost when family sends money to an Israeli bank account is the currency margin. For households and relatives making repeated transfers to Israel, that narrow specialist focus, with money arriving in 1-2 business days (same-day via Zahav), is the trade-off you accept.
Key facts
- Best for
- Transfers into Israeli bank accounts priced on the currency margin rather than a transfer fee.
- Transfer fee
- No wire or processing fees (FX margin only)↗
- Exchange rate markup
- 0.5% to 0.75%↗
- Delivery time
- 1-2 business days (same-day via Zahav)↗
- Payout methods
- Bank↗
- Fee to send 1,000
- ₪0↗
- Legal entity
- IsraTransfer Ltd↗
- Headquarters
- Israel↗
- Founded
- 2008↗
- Support channels
- Email, Chat, Phone, Help-centre↗
- Official website
- isratransfer.com
Facts checked September 26, 2026, 6 sources
Apps and profiles
- Get the app
- App Store
- Elsewhere
- LinkedInXinstagram.comfacebook.com
Pros and cons
Pros
- Fees of ILS 0 in transfer charges, so a transfer costs the currency margin and little else.
- Payouts go straight to an Israeli bank account, with payout set at bank.
- Support covers email, chat and phone, so a delayed transfer can be chased by phone or live chat.
Cons
- Payouts are limited to bank transfers, so a recipient without an Israeli account cannot collect.
- Support runs on email, chat and phone only, so a sender who needs help in person has no option.
Who it suits
- Relatives sending regular sums to an Israeli bank account.
- Small businesses paying staff or suppliers in Israel who can plan around 1-2 business days (same-day via Zahav).
- Senders who want one stated cost rather than a transfer fee plus a rate spread.
Who should look elsewhere
- PayPal Colombia, whose own transfer fee takes a percentage on card-funded and international sends, where IsraTransfer charges ILS 0.
- Skrill, if you want to fund a transfer with a debit or credit card, since its fee schedule prices those payments as a percentage.
- Paysera, if your money moves in euros to SEPA accounts, since its first transfers each month to those users cost nothing.
How IsraTransfer compares
9.3 vs 8.0
9.3 vs 8.5
9.3 vs 8.5
9.3 vs 8.9
9.3 vs 9.1
9.3 vs 8.6
9.3 vs 9.0
9.3 vs 8.9- 9.3 vs 8.9
9.3 vs 8.8
9.3 vs 8.8
9.3 vs 8.4
9.3 vs 8.0
Where IsraTransfer is available
- Available
- Australia, Canada, France, Israel, United Kingdom, United States
- Licence in Israel
- Israel Securities Authority, checked September 26, 2026
Countries from the brand (Source, checked September 26, 2026)
Frequently asked questions
What does it cost to send money with IsraTransfer?+
There is no wire or processing charge, so the transfer fee is ILS 0. The only cost is the currency margin, published at 0.5% to 0.75%, which a sender pays on top of the mid-market rate on the amount being converted.
How long does a transfer to Israel take?+
Delivery is listed at 1-2 business days (same-day via Zahav), and the same-day option in that range runs through a named delivery partner. Senders who need the money early in the week should book the standard window rather than depend on the faster route.
How is the money paid out in Israel?+
Payouts are limited to bank transfers, so the recipient needs an Israeli bank account for the money to be credited. Anyone expecting cash in hand should compare elsewhere, because bank credit is the only route listed here.
Who regulates IsraTransfer?+
The business is registered in Israel, lists the Israel Securities Authority as its regulator and trades as IsraTransfer Ltd. Senders moving larger sums should check what that licence covers for their own funds, since a licence is not the same as a guarantee on every transfer.
How do I get help if a transfer is late?+
Support runs on email, chat and phone, so a delayed payment can be chased by phone, live chat or email. A help centre covers the routine questions, and the team works from IL, which is worth remembering when sending outside Israeli hours.
Who is IsraTransfer for?+
It suits relatives sending recurring sums to an Israeli bank account, and small businesses covering payroll or supplier payments in Israel where an arrival window of 1-2 business days (same-day via Zahav) is workable. Households wanting anything beyond bank payouts should look at another provider.
How long has IsraTransfer been running?+
The company was founded in 2008 and trades as IsraTransfer Ltd, based in Israel. Length of trading matters mainly for senders who want an established operator for repeat transfers rather than a new entrant, and it operates as a single-market service.
Sources
- isratransfer.com checked September 26, 2026
Backs: Exchange rate markup, Transfer fee
“Transparent margins of just 0.50-0.75% above the mid-market rate”
- isratransfer.com/about checked September 26, 2026
Backs: Founded
“We were founded in 2008 by Doron Seitz and Daniel Engelsman.”
- isratransfer.com/faq checked September 26, 2026
Backs: Support channels, Fee to send 1,000
“contact our account manager or our general inquiry line - email, phone, WhatsApp or live chat”
- isratransfer.com/license checked September 26, 2026
Backs: Licences
- isratransfer.com/send-money-to-israel checked September 26, 2026
Backs: Payout methods
“Book the rate in a click, fund the transfer, and we wire shekels straight to your Israeli account or your lawyer's trust account.”
- isratransfer.com/terms-conditions checked September 26, 2026
Backs: Headquarters, Legal entity
“IsraTransfer's main office is located at Beit Gibor Sport, Derech Menachem Begin 7, Ramat Gan, Israel.”
- isratransfer.com/transfer-money-israel checked September 26, 2026
Backs: Delivery time
“Most transfers settle in 1-2 business days end to end. For time-sensitive shekel transfers, a Zahav transfer delivers the same day.”
Compiled from 7 source pages, checked September 26, 2026. We did not open an account.
Not confirmed yet: Licence type.
Related by the facts
IsraTransfer
Transfers into Israeli bank accounts priced on the currency margin rather than a transfer fee.