When purchasing property in Israel, choosing the right payment method can significantly impact your overall costs. Many buyers assume they can make payments from abroad in their home currency, but in most cases it simply doesn’t work. The best solution is to pay in shekels, while monitoring and managing your exchange rate risk.
Real estate transactions in Israel are typically priced in shekels, and likewise all related expenditures are in shekels, including purchase tax, professional fees, renovations, etc. As an oleh or foreign resident your resources are probably in foreign currency so exchange rates play an important role in managing the budget for your property acquisition.
You can transfer your foreign funds directly to the Adesco trading account and have all payments disbursed in shekels. Adesco will help you:
- Manage Exchange Rate Risk
- Hold funds in Trust
- Avoid unnecessary bank fees
- Avoid Delays – Banks take longer to process foreign currency payments, potentially delaying your transaction
- Avoid Bank Compliance Hurdles – Israeli banks demand excessive documentation requirements for large foreign currency transfers.
- Execute payment vouchers to contractors and tax authorities online.
With these matters in mind, paying in shekels via Adesco is the safest, fastest, and most cost-effective option.
How Adesco Makes Paying in Shekels Easy
- Best Exchange Rates – We secure real-time, competitive exchange rates that outperform banks
- No Hidden Fees – Fully transparency, top exchange rates and zero fees
- Same-Day Transfers – No waiting days for funds to clear—we ensure your payments are processed immediately
- Strict Regulatory Compliance – Adesco will verify & approve you at the onset, so your funds will fly through the banking system
For Adesco security measures, see how Adesco keeps your funds safe.
Real Case: How One Buyer Saved Thousands
Michael, a property investor from the UK, initially planned to transfer GBP to his Israeli bank and have the bank convert it into shekels. The result?
- His bank offered an exchange rate 4 agurot below the real market rate
- He faced a 5-10 day delay waiting for the funds to clear
- He was charged an unexpected processing fee of 3,000 NIS
After switching to Adesco, Michael:
- Saved over 12,000 GBP
- Completed his transaction within hours, not days
- Had full visibility and zero surprise fees
Why Property Buyers Trust Adesco
- Specialized for Real Estate Transactions – We understand the unique challenges of buying property in Israel
- Fast & Secure Transfers – Avoid unnecessary banking delays and hidden costs
- Fully Regulated & Compliant – Adesco is licensed by Israel's Capital Markets Authority, and operates in absolute compliance with all regulations.
Make Your Property Payment Stress-Free with Adesco
Paying for your property in shekels isn't just convenient—it's the smartest financial decision you can make. Adesco guarantees a smooth, cost-effective, and fully compliant transfer process.
Contact Adesco today to start saving on your property payments!