Questions About Sending Money to Israel

You can send funds to Adesco via wire transfer from your foreign bank account. All Adesco activity is performed within the formal international banking environment.

Yes. Adesco specializes in handling real estate transactions, including payments for property purchases in Israel and abroad. We ensure secure and compliant transfers that align with all legal and financial regulations.

Yes. Adesco pays shovarim, and we are the only ones that can do this online and faster than anyone else. Likewise, we will execute payment of your tax vouchers and all disbursements related to your property acquisition.

Yes, Adesco can issue bank checks. We also offer trust services and alternative methods to secure your real estate payments, and all coordinated with your Israeli attorney.

Yes. Adesco allows you to transfer funds to brokerage accounts in the U.S., making it easier to invest, trade, or manage your assets internationally.

Yes, we support fund transfers to European countries, and in fact to most countries around the world, ensuring secure and regulated transactions that comply with international financial regulations.

Adesco accepts incoming funds for currency exchange from a wide range of countries, including: USA, Canada, UK, most European countries, Australia, Israel, South africa and more.

Use a licensed provider that keeps client funds in segregated accounts, like Adesco. Before any money moves, prepare your Source of Funds documentation - bank statements, tax returns, or proof of a property sale. A provider like Adesco coordinates compliance with Israeli banks in advance so funds clear immediately on arrival, with no freeze and no delay to your closing.

Proof of identity, source of funds documentation (bank statements, investment records, or proof of a property sale), the purpose of the transfer, and the receiving account details. Adesco collects this in advance and coordinates with Israeli banks so documentation does not delay the transfer.

Lawyers can open in Adesco a dedicated trust account to hold buyer funds until all legal conditions are satisfied. The account separates client money from the lawyer's own funds and ensures regulatory compliance. Adesco provides the trust account infrastructure, handling setup and multi-currency conversion so foreign funds arrive in NIS on the same day, within 48 hours of completed documentation.

The Madad is Israel's Construction Cost Index. New construction contracts link your staged payment amounts to this index, meaning each Shovar amount increases monthly as construction costs rise. For foreign buyers, this compounds currency risk: your NIS payment amounts grow while the USD/NIS rate may also move against you. Adesco helps clients plan their payment schedule with Madad adjustments in mind - request updated payment schedules from your lawyer before each transfer.

Verify the provider is licensed by an Israeli financial regulator, and ask which license it holds and from which regulator. Then confirm: client funds are held in segregated trust accounts at licensed Israeli banks, the exchange rate is confirmed in writing before you commit, same-day processing is available, and there are no receiving fees on the Israeli side. Adesco is a Payments Company licensed by the Israel Securities Authority.