myGMT review
Updated October 12, 2026 · VaultCue Editorial Team
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Our verdict
myGMT serves Israel with online money transfers and branch support and counts more than 300 branches across the country. For Israelis, foreign workers and travellers arranging cash before flights, it easily offers transfers abroad, reloadable cards and foreign cash collection.
Key facts
- Best for
- Israel senders wanting online transfers with branch support
- Official website
- gmtonline.co.il
Pros and cons
Pros
- Money transfers reach recipients around the world through several payout routes.
- Reloadable card supports purchases at home, abroad and online.
- More than 300 branches nationwide support travel cash collection before flights.
- Branch teams serve different sectors and languages across the country.
Cons
- Cash payments require a visit to a physical branch location.
- Branches stay in one country while faraway payouts remain remote.
- Focus remains on transfers, travel cash and reloadable cards.
Who it suits
- Israeli residents supporting family abroad
- Foreign workers managing currency needs in Israel
- Travellers arranging foreign cash before flights
Who should look elsewhere
- Seekers of full everyday banking beyond transfers and currency
How myGMT compares
Frequently asked questions
Which destinations does myGMT cover?+
myGMT sends funds to destinations around the world for pickup or account credit. Recipients can collect cash with a secret code or receive funds into a bank account. Transfers to cards in different countries add another collection route.
What travel products does GMT provide?+
GMT provides a reloadable card for purchases at home, abroad and online. Travellers can arrange foreign cash before a flight and collect it at branches nationwide. The network includes more than 300 branches, so collection happens before reaching the airport.
Who uses GMT services in Israel?+
GMT serves Israelis and foreign workers who need transfers or currency services. Branches support different sectors and operate in several languages across the country. Agents in each location help with foreign exchange for varied local communities.
Not confirmed yet: Transfer fee, Exchange rate markup, Delivery time, Licence type.