top of page
Online banking

Bank Account Opening

Almost Every active company requires a Bank Account Opening. In Israel, there are only major banks, all of which combine both retails, business and premium services. The Banks are heavily regulated by the central bank, which thus have created a very strong state-level financial system.

We have connections in all major banks and we can assist in opening your new Israeli Company's Bank Account in a quick, accurate, and efficient way. Never again be stuck by the incorrect handling of your Israeli bank account opening. You may read below more in-depth information about "Bank Account Opening".

Payment Method

Debit Card and Credit Card

After your new account is opened, we can order a debit card for your company. The debit card will come physically to the company's registered address. If the company wishes to have a credit card, then the company must deposit funds in the account.

Image by Tech Daily

Online Banking

All Israeli Banks have a completely fully featured online banking websites. Through each bank's website you can see your account's transactions, you can see debit/credit card's transactions, you can send or receive payments, both locally and internationally through the "SWIFT" system, you can read all bank letters, you can issue account confirmation letters, you can securely write to your account's banker, you can request a loan and pay it off, you can order cheques, you can create "standing orders" for current utility payments such as electricity and water, you can pay your rent, share online information with your tax advisor or accountant, you can pay your taxes, and much more.

Typing on a Computer

Remote Account Opening

In general the prodedure of Bank Account Opening requires a KYC process. a KYC, otherwise known as "Know Your Client", require a face-to-face recognition by the bank.

Nevertheless, our expert knowledge as well as connections with the local banking system is to open Bank Account in Israel completely remoteless, i.e. the company's director or representative don't have to company physically to Israel. The way to do this is by use of a local person which will be a sole authorized signatory (one of us). That person will be authorized to open the account and will be the holder of the username and password for the company's account. However, almost immediately after the account is opened, a change of the authroized signatory can be made, and that change can also be done completely remotely, by signing the relevant bank documents in front of a local notary at the home state of the new authorized signatory.

Accounting Documents
In Meeting

Banks We Work With

We Work with the most major banks in Israel, the most highly reputable, the easiest to work with, the cheapest in bank fees, and the banks with most effective communications.


These banks are:

Bank Leumi

Bank HaPoalim

Bank Mizrahi

First International Bank

All of them are comfortable and user-friendly, and most importantly, user friendly, like us.

Bank Notes

Currency

Your new Israeli company's bank account will be not only in the ILS currency, but it will be able to accomodate large array of multi-national currencies.

 

Ones of the most common foreign currencies are the U.S Dollar, and the European Euro.

 

However, many more currencies are available, such as the British GBP, the Japanese JPY, the Australian AUD, the Canadian CAD, the Denish DKK, the Norvegian NDK, the Southafrican ZAR, the Swedish SEK, the Swiss CHF, the Jordanian JOD, Emirati AED. In addition, more currencies can be specially added to your account, on demand.

bottom of page