Question 1

What services does Adesco offer for cross-border money transfers?

Accepted Answer

Adesco specializes in simplifying international money transfer and currency exchange activities, offering same-day transfers, personal service, competitive exchange rates, and zero fees.

Question 2

Is Adesco licensed and compliant with financial regulations?

Accepted Answer

Adesco is a licensed financial institution regulated by the Israel Capital Markets Authority and strictly compliant with all regulations. There is no reason to fear compliance. We do all we can to assist our clients to execute transactions properly, and we won't ever compromise on regulatory requirements.

Question 3

How does Adesco protect our money & is it safe to transfer funds via Adesco?

Accepted Answer

Adesco's Zero Risk Environment is designed such that your funds are not exposed to risk at any time. All client money is held in a special Omnibus Trust account in a major Israeli bank. We do not advance funds and do not grant credit facilities of any kind. We also don't take positions in the currency market. All we do is execute your transactions. No risk for us means no risk for you !

Question 4

Are there any fees associated with Adesco's services?

Accepted Answer

No, Adesco executes currency exchange and funds disbursement with zero fees, providing superior exchange rates and immediate, efficient service for both corporate and personal payments.

Question 5

How quickly can I expect my funds to be transferred internationally with Adesco?

Accepted Answer

Adesco provides same-day transfers, ensuring that your funds move quickly and efficiently across borders to arrive the same day. Exact timing may vary depending on the recipient bank's processing speed and time zone differences.

Question 6

What is the minimum transaction size for Adesco's services?

Accepted Answer

Adesco's minimum transaction is $10,000, and exchange rates improve as the amount of your trade increases toward $25,000, making it ideal for businesses and individuals executing medium and large international transfers.

Question 7

What currencies can I exchange with Adesco ?

Accepted Answer

Our primary currencies are USD, Euro, GBP, CAD, AUD and ILS. We also execute trades in other European currencies. Feel free to ask us about additional currencies.

Question 8

How does Adesco determine exchange rates for currency conversions?

Accepted Answer

Adesco offers top exchange rates based on the actual interbank market at the moment of your trade. Unlike banks and other providers that add hidden fees to exchange rates, Adesco provides transparent and real-time pricing, with fixed spreads.

Question 9

What steps are involved in executng a transaction with Adesco?

Accepted Answer

The speedy process includes:
1. Introductory Call - A relationship manager will guide you through the process.
2. Provide relevant documents.
3. Signature on registration forms.
4. Transfer funds to Adesco trading account.
5. Trade Execution - You can choose to have Adesco convert funds upon receipt or hold them until you instruct them to trade.
6. Disbursement of proceeds per your instructions.
It all happens so quickly!

Question 10

Can Adesco assist with both personal and corporate cross-border transactions?

Accepted Answer

Yes, Adesco provides tailored services for both businesses and individuals, ensuring seamless international transactions without excessive fees or delays.

Question 11

How does Adesco compare to banks and other online money transfer providers?

Accepted Answer

Adesco offers a faster, more cost-effective, and personalized alternative to both traditional banks and online transfer platforms. Efficient speed and service combined !
Compared to Banks: Adesco eliminates hidden fees, offers better exchange rates, and provides same-day transfers—whereas banks often charge high transfer fees, impose poor exchange rates, and take 3-5 business days to process transactions.
Compared to Online Transfer Providers: While some online platforms may post attractive exchange rates, they often load extra costs or impose transfer limits or time delays. Adesco provides a fully transparent, no-fee service with superior exchange rates and personalized customer service from real people, making it the best option for large cross-border transfers.

Question 12

How can I wire money to Adesco?

Accepted Answer

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.

Question 13

Do you facilitate real estate payments?

Accepted Answer

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.

Question 14

Can you pay Shovarim vouchers to Israeli builders?

Accepted Answer

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.

Question 15

Can Adesco issue bank checks?

Accepted Answer

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.

Question 16

Can I send funds to my U.S. brokerage account?

Accepted Answer

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.

Question 17

Can I send funds to European countries?

Accepted Answer

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.

Question 18

From which countries can I transfer funds to Adesco?

Accepted Answer

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.

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