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Full coverage· Economy· Updated

Israel Launches New App Service for Depositing Future-Dated Checks

Israel's banking sector is introducing a new mobile app feature that allows customers to deposit future-dated checks remotely. This service aims to provide convenience and cost savings for users, particularly those receiving installment payments, with wider availability expected by the end of October.

15 newsrooms · 4 languages · since

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What happened

  1. 01New app service allows depositing future-dated checks remotely.
  2. 02Service offers convenience and lower fees than branch deposits.
  3. 03Initial limits include 13 checks and 100,000 shekels.
  4. 04Crossed checks marked 'only for this recipient' are accepted.
  5. 05Full rollout expected at most banks by end of October.
Translated and summarized by baba from Channel 9, the latest report. Read Channel 9’s original

The coverage

15 newsrooms on this story

Who covered it

  • LeftNone
  • Centre3
  • RightNone
  • Haredi2
  • Arab2
  • Other8+3

How it broke

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