Author Topic: Transfer Money from Israel to US  (Read 3836 times)

Online avrohomgelb

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Feb 2018
  • Posts: 1184
  • Total likes: 157
  • DansDeals.com Hat Tips 6
  • Gender: Male
    • View Profile
Re: Transfer Money from Israel to US
« Reply #15 on: December 31, 2019, 11:51:02 AM »
Looking to give someone 2,000-3,000 shekel in exchange for a paypal, chasepay, or zelle transfer. Any ideas?

Offline jmz

  • Dansdeals Platinum Elite
  • ****
  • Join Date: Mar 2015
  • Posts: 394
  • Total likes: 6
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Transfer Money from Israel to US
« Reply #16 on: December 31, 2019, 11:53:43 AM »
Looking to give someone 2,000-3,000 shekel in exchange for a paypal, chasepay, or zelle transfer. Any ideas?
What area are you in?
I have someone in Jerusalem if you want. Pm for details.
« Last Edit: December 31, 2019, 12:05:05 PM by jmz »

Offline ExGingi

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Nov 2015
  • Posts: 8698
  • Total likes: 2185
  • DansDeals.com Hat Tips 12
    • View Profile
  • Location: 770
Re: Transfer Money from Israel to US
« Reply #17 on: May 17, 2020, 12:26:17 AM »
Does anyone have updated or recent information about this? Looking at a rather large transfer and would like to do it in the most cost efficient way.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Online a good yeshiva bachur

  • Dansdeals Presidential Platinum Elite
  • ********
  • Join Date: Dec 2015
  • Posts: 2518
  • Total likes: 96
  • DansDeals.com Hat Tips 8
    • View Profile
Re: Transfer Money from Israel to US
« Reply #18 on: May 17, 2020, 01:36:38 AM »
If your looking to send money from Israel to US you can PM me I know someone in Jerusalem...

Offline ExGingi

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Nov 2015
  • Posts: 8698
  • Total likes: 2185
  • DansDeals.com Hat Tips 12
    • View Profile
  • Location: 770
Re: Transfer Money from Israel to US
« Reply #19 on: May 17, 2020, 08:39:28 AM »
Just to clarify, not looking to send cash (as in physical currency). Will need a significant amount legally converted and sent.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline Ergel

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Jun 2010
  • Posts: 12033
  • Total likes: 371
  • DansDeals.com Hat Tips 3
    • View Profile
Re: Transfer Money from Israel to US
« Reply #20 on: May 17, 2020, 04:07:42 PM »
Just to clarify, not looking to send cash (as in physical currency). Will need a significant amount legally converted and sent.
Transferwise...spoke to local money changers on the ground here, and when I mention Transferwise, they say they can't compete
Life isn't about checking the boxes. Nobody cares.

Offline ExGingi

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Nov 2015
  • Posts: 8698
  • Total likes: 2185
  • DansDeals.com Hat Tips 12
    • View Profile
  • Location: 770
Re: Transfer Money from Israel to US
« Reply #21 on: May 17, 2020, 04:25:14 PM »
Transferwise...spoke to local money changers on the ground here, and when I mention Transferwise, they say they can't compete

I'm on Transferwise.com website now, and don't really see an option to convert ILS to USD sending from Israel to the US. Maybe because I'm using a US based account? Would I need to set up an account with Transferwise in Israel?
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline Ergel

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Jun 2010
  • Posts: 12033
  • Total likes: 371
  • DansDeals.com Hat Tips 3
    • View Profile
Re: Transfer Money from Israel to US
« Reply #22 on: May 17, 2020, 04:27:01 PM »
I'm on Transferwise.com website now, and don't really see an option to convert ILS to USD sending from Israel to the US. Maybe because I'm using a US based account? Would I need to set up an account with Transferwise in Israel?
Hmm....seems like you are correct. Never noticed that before

Quote
We can't send money between these currencies
We're working on it. Sign up to get notified, and we’ll let you know as soon as we can.
Life isn't about checking the boxes. Nobody cares.

Offline Ergel

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Jun 2010
  • Posts: 12033
  • Total likes: 371
  • DansDeals.com Hat Tips 3
    • View Profile
Re: Transfer Money from Israel to US
« Reply #23 on: May 17, 2020, 04:27:24 PM »
Then try Xoom, though they may be a pain to get your account verified
Life isn't about checking the boxes. Nobody cares.

Offline ExGingi

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Nov 2015
  • Posts: 8698
  • Total likes: 2185
  • DansDeals.com Hat Tips 12
    • View Profile
  • Location: 770
Re: Transfer Money from Israel to US
« Reply #24 on: May 17, 2020, 04:31:27 PM »
Then try Xoom, though they may be a pain to get your account verified

Would that be more cost effective than Israeli banks?

ETA: using a VPN with an Israeli server, just in case that was the issue, but I still can't see an option to send ILS to USD on xoom.com
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline ExGingi

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Nov 2015
  • Posts: 8698
  • Total likes: 2185
  • DansDeals.com Hat Tips 12
    • View Profile
  • Location: 770
Re: Transfer Money from Israel to US
« Reply #25 on: May 17, 2020, 04:39:56 PM »
Does anyone have any experience with https://www.covercy.com/transfer-funds ?
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline Ergel

  • Dansdeals Lifetime 10K Presidential Platinum Elite
  • *******
  • Join Date: Jun 2010
  • Posts: 12033
  • Total likes: 371
  • DansDeals.com Hat Tips 3
    • View Profile
Re: Transfer Money from Israel to US
« Reply #26 on: May 17, 2020, 04:42:34 PM »
Would that be more cost effective than Israeli banks?

ETA: using a VPN with an Israeli server, just in case that was the issue, but I still can't see an option to send ILS to USD on xoom.com
Yuck. Seems like all these services don't offer ILS to USD. Sorry :(
Try World First, there website allows to enter ILS to USD after logging in. The rate the website quotes is 1 ILS = 0.280222 USD
I'm pretty sure that will beat any bank
Life isn't about checking the boxes. Nobody cares.

Offline ExGingi

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Nov 2015
  • Posts: 8698
  • Total likes: 2185
  • DansDeals.com Hat Tips 12
    • View Profile
  • Location: 770
Re: Transfer Money from Israel to US
« Reply #27 on: May 17, 2020, 04:44:23 PM »
I'm reading somewhere a suggestion to open up an Israeli IB account than do the conversion there.

Does anyone have experience with this? Would it work if I opened up a US IB account and had ILS transferred into it? Or would the person transferring to me from Israel need to open an IB account?
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline m65

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Jul 2012
  • Posts: 1006
  • Total likes: 122
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: israel
Re: Transfer Money from Israel to US
« Reply #28 on: May 17, 2020, 05:50:52 PM »
I'm reading somewhere a suggestion to open up an Israeli IB account than do the conversion there.

Does anyone have experience with this? Would it work if I opened up a US IB account and had ILS transferred into it? Or would the person transferring to me from Israel need to open an IB account?
dont know any specific info about this option, but i do know that the israeli banks eat u alive on the conversion rates, no difference which direction u r sending. from more than 1 experience.

Offline israshot

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Nov 2018
  • Posts: 943
  • Total likes: 179
  • DansDeals.com Hat Tips 12
    • View Profile
  • Location: NYC
Re: Transfer Money from Israel to US
« Reply #29 on: May 18, 2020, 05:56:01 PM »
I'm on Transferwise.com website now, and don't really see an option to convert ILS to USD sending from Israel to the US. Maybe because I'm using a US based account? Would I need to set up an account with Transferwise in Israel?

If you look on their website, that's what they write for ILS-USD:
Quote
We can't send money between these currencies
We're working on it. Sign up to get notified, and we’ll let you know as soon as we can.

I personally use Revolut to send money to EUR,ILS,CAD,USD and the fees are ridiculously low.