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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 · since

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What happened

  1. 01Bank of Israel fee reform begins October 1.
  2. 02Debit card fees capped at NIS 7 monthly.
  3. 03Fees for technical check returns eliminated.
  4. 04Account search and inheritance fees also removed.
  5. 05Further changes planned for July 2027.
Translated and summarized by baba from Ice, the latest report. Read Ice’s original

The coverage

5 newsrooms on this story

Who covered it

  • LeftNone
  • CentreNone
  • RightNone
  • HarediNone
  • ArabNone
  • Other5

How it broke

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