Full coverage· Economy· Updated
Bank of Israel Fee Reforms Take Effect, Easing Customer Costs
Israel's Bank of Israel has implemented the first phase of a fee reform, capping debit card fees and eliminating charges for technical check returns, account searches, and inheritance processing. The reform aims to simplify services and reduce costs for bank customers.
5 newsrooms · 2 languages · sincePlus
What happened
- 01Bank of Israel fee reform begins October 1.
- 02Debit card fees capped at NIS 7 monthly.
- 03Fees for technical check returns eliminated.
- 04Account search and inheritance fees also removed.
- 05Further changes planned for July 2027.
The coverage
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