Israel is a destination with high compliance requirements: local banks operate under strict AML/KYC standards. Transfers from Russia may require additional documentation, and ATM24 supports applications with the necessary compliance package for verification by the recipient's bank. The main audience for this direction includes repatriates (Aliyah) from Russia and former Soviet countries, as well as Russians sending money to relatives in Israel.
Receiving methods and banking hours
ILS (Israeli shekel) is the national currency of Israel. SWIFT transfers take from 2 to 4 business days. A key feature of this direction is Israel's banking schedule: Friday and Saturday fall on Shabbat, so transactions sent Thursday evening may be processed on Sunday. Cash shekels through ATM24 are available in major Israeli cities, with specific pickup points clarified when submitting an application. For non-cash credit, an IBAN from an Israeli bank beginning with IL is required, as well as the BIC/SWIFT of the recipient's bank.
Transfer conditions
Israel's payment ecosystem: banks, cards, digital wallets, and transfers. Country — Israel. Receiving currency — ILS (Israeli shekel). Sending currency — RUB, USD, EUR, and USDT. Transfer method — Visa and Mastercard bank card or bank account. ATM24 commission — from 0.9%. Credit time — from several minutes for domestic transfers; SWIFT — from 2 to 4 business days.
Payment systems and services
Israel's payment ecosystem: major payment systems and services. Pepper Pay (Leumi) — payment service of Bank Leumi's ecosystem. For international bank transfers, SWIFT is used, and within Israel, transfers between local banks are available. Financial regulator — Bank of Israel, the country's central bank. Banks in Israel usually operate from Sunday to Thursday from 8:30 to 13:30. On Friday and Saturday due to Shabbat, banks are closed, so bank transfer timelines must be planned accordingly.