How do I transfer Israeli Shekel to Euro?

To transfer ILS to EUR with Adesco: open your account online, confirm your rate and recipient details, send your shekels to Adesco's receiving account, and your Euro arrives the same day on the Israel side. Adesco is licensed by the Israel Capital Market, Insurance, and Savings Authority, License 57103.

How long does a ILS to EUR transfer take?

With Adesco, once your shekels reach us, your Euro transfer is initiated the same day. Your Europe bank account typically receives the funds within one to two business days. Banks sending directly from Israel typically take three to seven business days total.

What does Adesco charge for a ILS/EUR transfer?

Your net exchange rate is per our published spread, plus a $38 flat fee on transfers sent from Israel. Our full pricing is published at adesco.co.il/pricing. For standard transfers between $25,000 and $500,000, the spread is 0.016 ILS per unit of foreign currency. Larger transfers receive better rates. There are no other hidden fees.

Is it better to use a licensed financial service or a bank for a ILS/EUR transfer?

For transfers to or from Israel, a licensed financial service is typically better in several ways: Better exchange rate – so you get more shekels, Low, transparent pricing – a published spread plus a flat $38 fee, with nothing hidden, Speed – only Adesco offers same day delivery, and Support – your Adesco account officer and currency trader are available by phone, email or WhatsApp.

Can Adesco transfer Israeli shekels to a European bank account?

Yes. Adesco handles ILS to EUR transfers to bank accounts in France, Germany, Switzerland, and other European countries. Processing is same-day on the Israel side via Zahav, with typical one to two business day clearing to European accounts.

What does Adesco charge for ILS to EUR transfers?

Adesco charges a $38 flat fee plus a published spread on ILS to EUR transfers. Full pricing is at adesco.co.il/pricing. There are no additional hidden charges or receiving fees at your European bank.

Live rate · Updated throughout the day · License 57103

Israeli Shekel to Euro (ILS/EUR) Exchange Rate

For Israelis sending shekels to Europe.

Live interbank market rate

3.2680

₪ per €1 · benchmark

Now

Adesco rate

3.2850

₪ per €1 · what you pay

Typical bank rate

3.3340

₪ per €1 · estimated

€1,750

typical saving

Per 350,000 ILS vs. a typical bank

Based on a 2% bank markup vs. Adesco's published spread. Full pricing

Exchange rates fluctuate. The rates shown are indicative and subject to change.

I want to convert:

₪

ILS

Minimum transfer: ₪33,000

You receive with Adesco

€106,512

EUR

Typical bank estimate

€105,000

Estimated. Actual rates vary by bank.

Adesco saves you up to €1,512

vs. a typical bank on this transfer

Get my exact rate

Rates follow Adesco's published pricing tiers and improve with larger transfers. A $38 flat fee also applies to outbound shekel transfers. See full pricing

Ready to start your transfer?

Account opening takes under 10 minutes. No commitment required.

WhatsApp Adesco Get my rate

The Short Answer

The current ILS to EUR live interbank market rate is approximately 3.2680 (₪ per €1, updated throughout the trading day). For transfers from Israel to Europe, Adesco offers a published transfer rate of approximately 3.2850 plus a $38 flat fee. On a 350,000 ILS transfer, clients typically save up to €1,750 vs. a typical bank. Adesco processes same-day transfers to Israel. Banks typically take three to seven business days for the same journey. Adesco has been operating since 2013 and is licensed by the Israel Capital Market, Insurance, and Savings Authority, License 57103. Client funds are held in segregated trust accounts at major Israeli banks.

ILS/EUR rate: last 30 and 90 days

ILS/EUR rate history

Mid-market rate · € per ₪1

Last 30 days

High: 0.3060
Low: 0.2836
Average: 0.2924
Change: +7.89%

Last 90 days

High: 0.3060
Low: 0.2695
Average: 0.2846
Change: +12.42%

▲Today's rate is 7.5% above the 90-day average of 0.2846. Bank of Israel reference rates

ILS to EUR: common amounts

Israeli Shekel to Euro

ILS	Mid-market (EUR)	Adesco (EUR)	vs. bank
₪25,000	€7,650	€7,520	+€20
₪100,000	€30,600	€30,432	+€432
₪300,000	€91,800	€91,296	+€1,296
₪600,000	€183,600	€182,593	+€2,593
₪1,000,000	€306,000	€304,321	+€4,321

Rates use Adesco's published transfer spread. See full pricing

Euro to Israeli Shekel

ILS	Mid-market (EUR)	Adesco (EUR)	vs. bank
₪100,000	€30,600	€30,432	+€435
₪500,000	€153,000	€152,161	+€2,173
₪1,000,000	€306,000	€304,321	+€4,346
₪2,000,000	€612,000	€608,828	+€8,877
₪3,000,000	€918,000	€913,242	+€13,316

Who transfers Israeli shekels to euros?

Israelis with European property or investments

Israeli residents with property in France, Germany, or other European countries, or with European investment accounts, transfer NIS to EUR regularly. Adesco handles outbound shekel transfers to European bank accounts with a published rate and same-day Israel-side processing.

Israeli businesses paying European vendors

Israeli companies sourcing from Europe or paying European staff and contractors need reliable ILS to EUR transfers. Adesco supports business accounts with full transparency on pricing and a dedicated advisor.

Israelis maintaining ties to European home countries

Olim who have been in Israel for years but maintain financial obligations in their European home countries (mortgage payments, family support, pension contributions) transfer NIS to EUR on a regular schedule. Adesco makes this straightforward with no per-transfer surprises.

How It Works

From first call to funds received, four steps.

One simple form

Dedicated advisor

Meet the person who will be your point of contact, start to finish.

Live rates

Convert whenever you are ready. No hidden fees. No extra surprises.

Same-day delivery

Funds are wired directly to the recipient of your choice, that very day.

Why thousands of clients use Adesco for ILS/EUR transfers

Licensed and regulated

Adesco is licensed by the Israel Capital Market, Insurance, and Savings Authority (License 57103). Every transfer is AML and KYC compliant and reported to Israeli regulators.

Same-day transfers

Adesco's compliance is pre-approved with Israeli banking partners, so transfers are not held up by routine reviews. Funds arrive the same day, versus three to seven business days at a bank.

Better rates, no hidden fees

Adesco offers market-based exchange rates with a published spread and no hidden fees. No wire fees, no receiving fees, no markup buried in the conversion — the rate you see is the rate you get.

Your funds are safe

Client funds are held in segregated trust accounts at major Israeli banks, never mixed with Adesco's operating funds, and never lent or invested. No credit risk, no liquidity risk.

A real person knows your file

Every Adesco client has a dedicated advisor who knows their file from day one. You never explain your situation from scratch, and you always reach a real person who knows you.

“Their service is seamless, reliable, and incredibly efficient when it comes to moving money into and out of Israel. The pricing is also a major plus: very fair and transparent. I highly recommend Adesco to anyone looking for a trustworthy solution for cross-border transfers involving Israel.”
AW
Amir Witztum
Investor, cross-border transfers

“Adesco provided the perfect solution assisting in paying for our home purchase in Israel. They were kind, quick, and efficient. They are well versed in all the legal requirements and helped us make this a very smooth process. Thank you.”
AP
Asaf Paran
Homebuyer

“Adesco transferred money quickly and efficiently and at a better rate than bank currency exchange. They took the time to understand my particular needs and took care of a multi-step transaction for me.”
SH
Stanley Hoffer
Personal Transfer

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FAQ

ILS/EUR Transfer: Common Questions

Yes. Adesco is licensed by the Israel Capital Market, Insurance, and Savings Authority (License 57103). Client funds are held in segregated trust accounts at major Israeli banks and are never mixed with Adesco's operating funds. Every transaction is AML and KYC compliant and reported to regulators. Adesco does not lend money, or speculate on exchange rates. Your funds are safely held in trust awaiting your instructions.