Question 1

Why do I need to register?

Accepted Answer

IsraTransfer adheres to Anti Money Laundering (AML) and Know Your Client (KYC) requirements, our registration requirements are bound by Israeli regulations. We cannot transact with anyone who does not register and fulfill the above requirements.

Question 2

How do I open an account with you and how long does it take?

Accepted Answer

There are a few steps, and it will differ depending on where you live and what ID you hold—but we will guide you every step of the way. The process can take 5–10 minutes if you hold two Israeli IDs; otherwise it may require additional verification.

Question 3

Can I create a joint account?

Accepted Answer

You cannot create a joint account, since accounts can only be opened under one name. However, you can establish a Power of Attorney (POA) to grant someone else access to your account.

Question 4

What documentation do I need to provide to set up my account?

Accepted Answer

To set up your account you’ll need to provide two government-issued photo IDs. If transferring on behalf of a business or trust, additional ID documents may be required.

Question 5

Do I need to come into the office or can I do an online registration?

Accepted Answer

If you have two forms of Israeli ID, you can complete registration online. If not, you’ll need to meet in person with one of our KYC representatives either overseas or at our Jerusalem or Ramat Gan offices.

Question 6

I do not pay tax in the USA—do I still need to tick that I am a USA tax resident?

Accepted Answer

If you hold a social security number, are a US citizen, hold a US passport, or are a green card holder, you need to select that you are a USA tax resident.

Question 7

Where do I find IsraTransfer’s wire details?

Accepted Answer

You can find IsraTransfer’s wire details in our online portal, available on both desktop and mobile versions. Simply navigate to the menu and select “Our Bank Details.”

Question 8

What is a FATCA/CRS form and why do I need to complete it?

Accepted Answer

A FATCA form (Foreign Account Tax Compliance Act) is a foreign tax declaration form that needs to be completed for all clients holding funds at financial service institutions. We cannot open an account without it.

Si vous avez des questions, Nous avons des réponses

Si vous avez des questions,
Nous avons des réponses