Author Topic: FX plus Wire Transfer from Israel to USA  (Read 1655 times)

Offline jrfigo

  • Dansdeals Bronze Elite
  • *
  • Join Date: Jul 2018
  • Posts: 42
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
FX plus Wire Transfer from Israel to USA
« on: December 19, 2019, 12:59:49 AM »
With funds in shekels in a personal account at a bank in Israel, what's the best way to get the money exchanged into US$ at a good rate and then wired to a bank in the US?
« Last Edit: December 19, 2019, 01:15:45 AM by jrfigo »

Offline Chosidtravel

  • Dansdeals Bronze Elite
  • *
  • Join Date: Apr 2018
  • Posts: 42
  • Total likes: 2
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Brooklyn NY
Re: FX plus Wire Transfer from Israel to USA
« Reply #1 on: December 19, 2019, 01:01:42 AM »
+1

Offline israshot

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Nov 2018
  • Posts: 1103
  • Total likes: 226
  • DansDeals.com Hat Tips 14
    • View Profile
  • Location: NYC
Re: FX plus Wire Transfer from Israel to USA
« Reply #2 on: December 19, 2019, 05:17:14 AM »
Revolut!

Offline moe8555

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Apr 2014
  • Posts: 1305
  • Total likes: 155
  • DansDeals.com Hat Tips 12
  • Gender: Male
    • View Profile
  • Location: Israel
  • Programs: AA Platinum Pro, Virgin Atlantic Silver, IHG Diamond Ambassador, Hilton Diamond, Marriott Gold, Sixt Platinum
Re: FX plus Wire Transfer from Israel to USA
« Reply #3 on: December 19, 2019, 06:36:54 AM »
ClearShift, been using them for a few years.  Great rate and fee schedule. Frum business.

Offline israshot

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Nov 2018
  • Posts: 1103
  • Total likes: 226
  • DansDeals.com Hat Tips 14
    • View Profile
  • Location: NYC
Re: FX plus Wire Transfer from Israel to USA
« Reply #4 on: December 19, 2019, 06:38:52 AM »
ClearShift, been using them for a few years.  Great rate and fee schedule. Frum business.
With revolut there's no great rate, they don't charge any fee if you do it correctly and the rate is the exact change rate as you can find online. They adjust the rate every 5 seconds (some folks use the app as arbitrage, oh well).

Offline jrfigo

  • Dansdeals Bronze Elite
  • *
  • Join Date: Jul 2018
  • Posts: 42
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
Re: FX plus Wire Transfer from Israel to USA
« Reply #5 on: December 19, 2019, 02:27:31 PM »
Based on their websites, both ClearShift and Revolut seem to charge about 0.5% per transaction, which can get steep when transferring over 100k.

Offline Pad18

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Apr 2014
  • Posts: 932
  • Total likes: 104
  • DansDeals.com Hat Tips 9
    • View Profile
  • Location: United States
Re: FX plus Wire Transfer from Israel to USA
« Reply #6 on: December 19, 2019, 04:01:10 PM »
Transferwise

Offline jrfigo

  • Dansdeals Bronze Elite
  • *
  • Join Date: Jul 2018
  • Posts: 42
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
Re: FX plus Wire Transfer from Israel to USA
« Reply #7 on: December 19, 2019, 04:42:43 PM »
Transferwise

Have you ever used them? They don't even list shekels and they seem UK based.

Offline Pad18

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Apr 2014
  • Posts: 932
  • Total likes: 104
  • DansDeals.com Hat Tips 9
    • View Profile
  • Location: United States
Re: FX plus Wire Transfer from Israel to USA
« Reply #8 on: December 19, 2019, 08:32:55 PM »
Have you ever used them? They don't even list shekels and they seem UK based.

yes, I am using them on a daily basis for EUR>USD and yes they are a UK based company.

they don't have (yet) a "physical" branch in IL, but you could transfer from and to shekel.

if you want to sign with them, I will appreciate if you will use my referral. pm.

Offline moe8555

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Apr 2014
  • Posts: 1305
  • Total likes: 155
  • DansDeals.com Hat Tips 12
  • Gender: Male
    • View Profile
  • Location: Israel
  • Programs: AA Platinum Pro, Virgin Atlantic Silver, IHG Diamond Ambassador, Hilton Diamond, Marriott Gold, Sixt Platinum
Re: FX plus Wire Transfer from Israel to USA
« Reply #9 on: December 20, 2019, 01:27:21 AM »
With revolut there's no great rate, they don't charge any fee if you do it correctly and the rate is the exact change rate as you can find online. They adjust the rate every 5 seconds (some folks use the app as arbitrage, oh well).

Details? Again, this is ILS-USD - not USD to ILS.

Offline TravelSER

  • Dansdeals Gold Elite
  • ***
  • Join Date: Mar 2016
  • Posts: 246
  • Total likes: 13
  • DansDeals.com Hat Tips 0
    • View Profile
Re: FX plus Wire Transfer from Israel to USA
« Reply #10 on: December 20, 2019, 03:30:39 AM »

Offline moe8555

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Apr 2014
  • Posts: 1305
  • Total likes: 155
  • DansDeals.com Hat Tips 12
  • Gender: Male
    • View Profile
  • Location: Israel
  • Programs: AA Platinum Pro, Virgin Atlantic Silver, IHG Diamond Ambassador, Hilton Diamond, Marriott Gold, Sixt Platinum
Re: FX plus Wire Transfer from Israel to USA
« Reply #11 on: December 20, 2019, 04:04:44 AM »
+1

How is this possibly +1?  They don't come anywhere close to beating ClearShift.