ILS – Israeli Shekel
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Overview The payment processing of this currency is considered to be highly standardised.
Please note that payments in transit via Israel with destination Palestine are forbidden.
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Currency Guidelines Besides the standard information, the IBAN format will be mandatory as from 1 July 2019 (see Appendix VI).
A clear reason / purpose of payment is recommended and consists of a full written description (in English) of the nature of payment to be provided in the remittance information. For example: providing an invoice number without guiding text is considered as insufficient and can result in errors or delays.
Example: Payment of travel expenses – invoice n° 123456789
The beneficiary’s physical full address is recommended.
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Instructions, technical guidelines & more -
To consult the Technical Guidelines of this currency, click here
TECHNICAL GUIDELINES -
To consult the Appendix(es) click here
Appendix VI: IBAN Application Rules
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Additional information • Available charge options: OUR/SHA/BEN
• Central bank of Israel: http://www.boi.org.il/en/Pages/Default.aspx