As a migrant in Israel, it’s important to know what your options are for international money transfer services. Navigating the financial services in Israel can be tricky, especially when it’s mostly in Hebrew. However, you’ll be relieved to know that there are money transfer services in Israel that cater to the financial needs of the migrant community.
Here, we’ll go over some of the main ways you can send a money transfer from Israel so that you have a clear overview of your options.
1. In-Person Wire Transfers
Wire transfers are one of the most common ways to send money to your home country from Israel. There are plenty of international transfer bureaus and banks that can do this service for you. If you have an Israeli bank account set up, you can visit your branch and ask them to send a wire transfer back home. Alternatively, if you don’t have a bank account in Israel, you can visit transfer bureaus such as Western Union to send money home. Many Israel Post branches can also send money internationally through Western Union’s service, so if there’s no Western Union branch near you, you can also visit the post office.
2. Online Wire Transfers
Online money management services can help you achieve the same thing digitally, and often at a lower rate. For example, with the Rewire money transfer service, you can send money online from Israel to countries like the Philippines, China, India, Nepal, Thailand, and more in just a few clicks online or through an app. These digital wire transfer services can be used by almost anyone, and rather than waiting in line at a bank, your online transfer is done in just a few minutes. To top up your Rewire account to send money home, you can either do an online bank transfer, pay with a credit card, or visit a top-up point like Super-Pharm or GMT to deposit cash.
3. Send SSS Payments to the Philippines
If you’re a Filipino migrant living in Israel, chances are that aside from international money transfers to your loved ones, you need to send SSS payments back to the Philippines as well. Maintaining your Philippines Social Security System while you’re working abroad can help protect you from the financial fallout of illness, disability, unemployment, maternity leave, and more.
4. Transfer UPI to India Online
If you’re an Indian migrant in Israel, you also have the option of sending money to a UPI. The benefit here is that it’s a lot quicker than sending funds through a bank or transfer bureau, so your family back home can receive your transfer faster. On the Rewire app, you can opt to send money to a recipient via UPI as a receiving method rather thank a personal bank account. After just a few clicks, your funds will be sent almost instantly.
To Wrap Up
Know where to go when you need international money transfer services in Israel. For many migrants, the first stop is a bank or a physical transfer bureau, but these can be expensive, and time-consuming, and you won’t always get the customer service you need. With money management services like Rewire, you get multiple options for sending money home, multilingual customer service that speaks your language and is available seven days a week, and a community that understands the struggles and needs of migrants in Israel.
