Author Topic: Transfer Money from Israel to US  (Read 3812 times)

Offline Ergel

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Re: Transfer Money from Israel to US
« Reply #30 on: May 18, 2020, 06:00:50 PM »
If you look on their website, that's what they write for ILS-USD:
I personally use Revolut to send money to EUR,ILS,CAD,USD and the fees are ridiculously low.
Can you see what it would cost to transfer 15K CAD to ILS? Want to compare to what I'm currently paying
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Offline israshot

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Re: Transfer Money from Israel to US
« Reply #31 on: May 18, 2020, 06:03:01 PM »
Can you see what it would cost to transfer 15K CAD to ILS? Want to compare to what I'm currently paying
.

Offline ExGingi

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Re: Transfer Money from Israel to US
« Reply #32 on: May 18, 2020, 06:07:23 PM »
I personally use Revolut to send money to EUR,ILS,CAD,USD and the fees are ridiculously low.

Looks like Revolut won't work for my purposes:

I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline ExGingi

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Re: Transfer Money from Israel to US
« Reply #33 on: May 18, 2020, 06:08:42 PM »
Can you see what it would cost to transfer 15K CAD to ILS? Want to compare to what I'm currently paying

Their free plan allows for transfers up to US$6,500/month. I would guess that you either pay a fee for larger transfers or have to enroll in their premiums service (assuming it's available).
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline israshot

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Re: Transfer Money from Israel to US
« Reply #34 on: May 18, 2020, 06:10:19 PM »
Looks like Revolut won't work for my purposes:


My bad. I thought they are allowing already US accounts.
I personally opened it while in Europe and now I can use it across all my accounts in different countries.

Offline israshot

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Re: Transfer Money from Israel to US
« Reply #35 on: May 18, 2020, 06:11:52 PM »
Their free plan allows for transfers up to US$6,500/month. I would guess that you either pay a fee for larger transfers or have to enroll in their premiums service (assuming it's available).
Yes, they have a premium service about $10/m.

Offline ExGingi

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Re: Transfer Money from Israel to US
« Reply #36 on: May 18, 2020, 06:30:50 PM »
My bad. I thought they are allowing already US accounts.
I personally opened it while in Europe and now I can use it across all my accounts in different countries.

They are allowing US accounts. But my need right now is for an Israeli account, to transfer funds from there to the US.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline Ergel

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Re: Transfer Money from Israel to US
« Reply #37 on: May 18, 2020, 06:31:26 PM »
.
They beat Transferwise by a few hundred shekels.
Too bad I can't sign up
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Offline ExGingi

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Re: Transfer Money from Israel to US
« Reply #38 on: May 18, 2020, 06:38:36 PM »
They beat Transferwise by a few hundred shekels.
Too bad I can't sign up

Is sender and receiver one and the same person in your case? If so, will Covercy or InteractiveBrokers work for you?
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline Ergel

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Re: Transfer Money from Israel to US
« Reply #39 on: May 18, 2020, 07:08:51 PM »
Is sender and receiver one and the same person in your case? If so, will Covercy or InteractiveBrokers work for you?
Yes
Don't know what those are
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Offline ExGingi

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Re: Transfer Money from Israel to US
« Reply #40 on: May 18, 2020, 07:13:39 PM »
Yes
Don't know what those are

https://www.covercy.com/pricing

Interactive Brokers lets you buy and sell currencies at the live market. You might need to open an account in Israel using Inter-il.com in order to transfer funds into Israeli bank accounts (I'm not sure of that part).
« Last Edit: May 18, 2020, 07:25:09 PM by ExGingi »
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline shnozolla

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Re: Transfer Money from Israel to US
« Reply #41 on: June 23, 2020, 02:23:08 PM »
I want to send a transfer from a bank in Europe to the US (from EUR to USD) what is the best way?

My two options:
1) Using the banks directly, Bank in Europe -> Bank of America (using wire xfer)
2) Using TransferWise.

I have a feeling I will be ripped off using method 1 since bofa doesn't publish their exchange rates and i'll only find out how much i'll receive once it's done.
With TransferWise i'll get an upfront cost and it happens to be one of the lowest in the industry, it's just a bit indirect.

Anyone have experience with Foreign currency incoming wire transfers?

Thanks.

Online Yo ssi

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Re: Transfer Money from Israel to US
« Reply #42 on: June 23, 2020, 02:24:07 PM »
I want to send a transfer from a bank in Europe to the US (from EUR to USD) what is the best way?

My two options:
1) Using the banks directly, Bank in Europe -> Bank of America (using wire xfer)
2) Using TransferWise.

I have a feeling I will be ripped off using method 1 since bofa doesn't publish their exchange rates and i'll only find out how much i'll receive once it's done.
With TransferWise i'll get an upfront cost and it happens to be one of the lowest in the industry, it's just a bit indirect.

Anyone have experience with Foreign currency incoming wire transfers?

Thanks.
TransferWise is the way to go!

Offline jose34

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Re: Transfer Money from Israel to US
« Reply #43 on: June 23, 2020, 02:26:27 PM »
You can transfer money from Israel to the US with Transferwise. Website is only showing US to Israel.

Online Yo ssi

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Re: Transfer Money from Israel to US
« Reply #44 on: June 23, 2020, 02:51:24 PM »
You can transfer money from Israel to the US with Transferwise. Website is only showing US to Israel.
Correct, they don't do from Israel only to Israel.