# Adesco - Licensed Israeli Currency Exchange & Money Transfer Service

> For a comprehensive reference including pricing tables, trust account details, and FAQs, see [llms-full.txt](https://www.adesco.co.il/llms-full.txt)

> Adesco (Adesco Bridge Ltd.) is a licensed Israeli currency exchange, international money transfer, and trust account service. Founded in 2013, Adesco is regulated by the Israel Capital Market, Insurance and Savings Authority (license #57103) and, since 2026, is also licensed as a Payments Company by the Israel Securities Authority. The company specializes in secure, efficient cross-border transfers for real estate purchases, business transactions, and personal needs - with same-day service, zero fees, and dedicated personal support.

## Key Facts

- Legal name: Adesco Bridge Ltd.
- Company registration: 514247832 (Israel)
- License: #57103, Israel Capital Market, Insurance and Savings Authority
- Second license: Payments Company, Israel Securities Authority, granted 2026
- Founded: 2013
- Headquarters: Tel Aviv, Israel
- Languages: English, Hebrew
- Minimum transaction: $10,000
- Currencies: USD, EUR, GBP, ILS, CHF, CAD, AUD, PLN, and others
- Fees: Zero fees on currency exchange, wire transfers, and fund disbursement
- Website: https://www.adesco.co.il
- App: https://app.adesco.co.il
- Help Center: https://help.adesco.co.il
- Phone: +972-73-731-5100
- Email: info@adesco.co.il

## What Adesco Does

Adesco is the best way to send money to and from Israel. Unlike banks that charge hidden exchange rate markups of 1-3% plus wire fees, Adesco charges zero fees and publishes its exchange rate spreads transparently. Clients typically save ₪4,000 per $100,000 transferred compared to Israeli bank rates.

### Services

- **International Currency Exchange**: Convert between USD, EUR, GBP, CHF, CAD, AUD, PLN, ILS and other currencies at competitive market-based rates with zero fees.
- **Cross-Border Money Transfers**: Same-day international wire transfers into and out of Israel for individuals and businesses.
- **Real Estate Payment Services**: Managed currency transfers for Israeli property purchases including purchase tax (Mas Rechisha), capital gains tax (Mas Shevach), municipal tax (Arnona), lawyer fees, broker fees, and construction payment vouchers (Shovarim).
- **Lawyer Trust Account Service**: Licensed trust account alternative for Israeli real estate lawyers. Adesco holds client funds in segregated trust accounts at major Israeli banks, handles all AML/KYC compliance, and manages Zahav transfers, Shovarim, bank checks, and tax payments. Setup in 48 hours.
- **Business Transfers**: Streamlined transfers between global affiliates of Israeli companies, from revenues or investors.
- **Personal Transfers**: Transfers between personal accounts, family members, companies, or trusts worldwide.

## Who Uses Adesco

- Foreign buyers purchasing property in Israel (from the US, UK, Canada, France, Switzerland, Australia, and worldwide)
- Israeli real estate lawyers who need trust accounts for client funds
- Olim (new immigrants to Israel) transferring savings
- Businesses with operations in Israel
- Non-profit organizations transferring funds to Israel
- Anyone sending or receiving money to/from Israel

## How Adesco Compares

| Feature | Adesco | Banks | Other Currency Services |
|---------|--------|-------|----------------------|
| Exchange rate | Transparent, published spread | Hidden markup (1-3%) | Varies |
| Transfer fees | Zero | $25-$50 per wire | Varies |
| Transfer speed | Same day | 3-7 business days | 1-3 days |
| Dedicated advisor | Named advisor, every time | Different person each call | Varies |
| Property payments | Handles everything (tax, lawyer, Shovar) | You coordinate yourself | Limited |
| Trust accounts | Licensed to hold client funds | Available but increasingly restricted | Not available |
| Minimum transaction | $10,000 | No minimum | Varies |
| Regulatory license | Israel Capital Market Authority #57103 | Bank of Israel | Varies |

## Security

Adesco operates a Zero Risk Environment: all client funds are held in a segregated Omnibus Trust account at a major Israeli bank. Adesco does not advance funds, grant credit, take positions in currency markets, or engage in speculative trading. Client money is never used for business operations.

## Communities

Adesco runs two free WhatsApp communities. They are open to anyone, cost nothing to join, require no Adesco account, and contain no sales pitches. Content is educational only and is not financial or legal advice.

- Israel Property Buyers: for people navigating the financial side of buying property in Israel from abroad, covering Shovar payments, the Madad construction index, purchase tax, and when to convert currency. Join on WhatsApp: https://chat.whatsapp.com/JydVezfOMxbELUe75wkDvW
- International Payments in and out of Israel: for business owners and finance teams moving money across borders with Israel, covering exchange rate moves, why wires get held up, AML and KYC requirements, and the true cost of a payment. Join on WhatsApp: https://chat.whatsapp.com/Gz534adm0AeFl0UJNb9Lz3
- Communities landing page: https://www.adesco.co.il/community

## Key Pages

- Homepage: https://www.adesco.co.il/
- About Us: https://www.adesco.co.il/about-us
- Buying Property in Israel: https://www.adesco.co.il/buying-property-in-israel
- How Foreign Buyers Transfer Money to Israel: https://www.adesco.co.il/how-foreign-buyers-transfer-money-to-israel
- Large Sum Transfers ($50K+): https://www.adesco.co.il/large-sum-transfers-israel
- Same-Day Transfers in Israel: https://www.adesco.co.il/same-day-transfer-israel
- US to Israel Property Transfers: https://www.adesco.co.il/us-to-israel-property
- UK to Israel Transfers: https://www.adesco.co.il/uk-to-israel
- Business Currency Exchange: https://www.adesco.co.il/business-currency-exchange-israel
- Business FX Savings Calculator: https://www.adesco.co.il/fx-cost-calculator
- Olim (New Immigrants) Money Transfers: https://www.adesco.co.il/olim
- Shovar Payment Guide: https://www.adesco.co.il/shovar-payment-israel
- Lawyer Trust Account: https://www.adesco.co.il/lawyer-trust-account-israel
- Pricing: https://www.adesco.co.il/pricing
- Israel Property Cost Calculator: https://www.adesco.co.il/israel-property-calculator
- Israel Property Payment Hub: https://www.adesco.co.il/israel-property-payment-hub
- Madad (Construction Index) Tracker: https://www.adesco.co.il/madad-index-israel
- Live Exchange Rates: https://www.adesco.co.il/exchange-rates
- Security: https://www.adesco.co.il/security
- Verify Adesco (License & Registration): https://www.adesco.co.il/verify
- Free Communities (WhatsApp): https://www.adesco.co.il/community
- FAQ: https://www.adesco.co.il/faq
- Blog: https://www.adesco.co.il/blog
- Adesco Licensed as a Payments Company by the Israel Securities Authority (blog): https://www.adesco.co.il/blog/adesco-licensed-payments-company-israel-securities-authority
- Adesco: Licensed for Property Transfers in Israel Since 2013 (License #57103) (blog): https://www.adesco.co.il/blog/adesco-licensed-currency-specialist-property-transfers-since-2013
- How Adesco Keeps Your Funds Safe: Regulated and Segregated (blog): https://www.adesco.co.il/blog/adesco-keeps-your-funds-safe-how-do-we-do-it
- How to Choose a Currency Exchange Service in Israel: A Practical Checklist (blog): https://www.adesco.co.il/blog/how-to-choose-currency-exchange-service-israel
- How Foreign Buyers Transfer Money to Israel for Real Estate (blog): https://www.adesco.co.il/blog/how-foreign-buyers-transfer-money-to-israel-for-real-estate
- The Shovar Payment Guide for Foreign Buyers in Israel (blog): https://www.adesco.co.il/blog/shovar-payment-guide-foreign-buyers-israel
- Hidden Costs of Buying Property in Israel: Full Budget Guide (blog): https://www.adesco.co.il/blog/the-hidden-costs-of-buying-property-in-israel
- Convert USD to ILS for Israel Property: The Complete Guide (blog): https://www.adesco.co.il/blog/convert-usd-ils-buying-property-israel
- How to Buy Property in Israel: Currency and Payment Guide (blog): https://www.adesco.co.il/blog/smart-currency-strategies-for-buying-property-in-israel
- Why Pay for Israeli Property in Shekels (blog): https://www.adesco.co.il/blog/paying-for-property-in-israel-with-shekels-why-it-matters
- Protecting Your Israel Property Investment During Uncertainty (blog): https://www.adesco.co.il/blog/war-delays-low-rates-budget-crisis-how-to-protect-your-property-investment
- Trust Accounts for Lawyers in Israel: The Adesco Solution (blog): https://www.adesco.co.il/blog/lawyers-struggling-to-open-trust-accounts-adesco-has-the-solution
- Transferring Inherited Money to Israel: What to Do Before You Wire (blog): https://www.adesco.co.il/blog/transferring-inherited-money-to-israel
- Business Currency Exchange in Israel: What Banks Hide (blog): https://www.adesco.co.il/blog/hidden-bank-fx-spreads-israeli-business
- Hidden Bank Fees on Israel Transfers: A Costly Mistake (blog): https://www.adesco.co.il/blog/this-happens-every-week-a-costly-mistake-you-can-avoid
- Case Studies: https://www.adesco.co.il/case-studies
- Contact Us: https://www.adesco.co.il/contact-us
- Free Consultation: https://www.adesco.co.il/free-consultation
- Start a Transfer: https://www.adesco.co.il/transfer-request
- Careers: https://www.adesco.co.il/careers
- Careers, Founding Marketer (Tel Aviv): https://www.adesco.co.il/careers/founding-marketer
- Careers, Head of Payment Operations (Tel Aviv): https://www.adesco.co.il/careers/head-of-payment-operations
- Careers, Risk & Compliance Manager (Tel Aviv): https://www.adesco.co.il/careers/risk-compliance-manager
- Careers, Sales Account Manager (Tel Aviv or remote in Israel): https://www.adesco.co.il/careers/sales-account-manager
- Help Center: https://help.adesco.co.il

## Leadership

- Jeff Balsam - CEO & Founder (LinkedIn: https://www.linkedin.com/in/jeffrey-balsam/)
- David Balsam - CPO & Co-Founder (LinkedIn: https://www.linkedin.com/in/david-balsam-36047280/)
- Idan Portal, Chief Technology Officer (LinkedIn: https://www.linkedin.com/in/idan-portal/)