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Israel Delays Digital Mail Transition for Bank Customers
Israel's Supervisor of Banks, Daniel Hachueli, has extended the public comment period for a digital mail directive for bank customers until November 2026, delaying its implementation. The move follows objections from Knesset members who argued the process bypassed parliamentary oversight.
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What happened
- 01Israel's Supervisor of Banks extended the public comment period for digital mail to November 2026.
- 02The directive will not take effect before further discussion in the Knesset's Economy Committee.
- 03Five Knesset members had requested a freeze on the transition from printed to digital bank mail.
- 04The Supervisor cited efficiency and environmental benefits for the proposed digital shift.
- 05Concerns were raised about potential "financial blindness" for customers with low digital literacy.
Hachueli stated the transition aims for efficiency and environmental benefits, with safeguards for vulnerable populations. The directive will not take effect before further discussion in the Knesset's Economy Committee.
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