How to send money from my bank account in Israel?

If you’d like to send money from your bank account in Israel, you can easily do so by following these steps:

Step 1. Set up your account:

Increase your bank transfer limit by uploading your ID in the Paysend app.

Step 2. Create your transfer:

1. Go to the ‘Transfers’ section and click ‘Send’.
2. Select the destination country and the receiving currency.
3. Choose how your recipient will receive the funds (for example, card, wallet, or bank account).
4. Enter the recipient’s details carefully.
5. Specify the amount you want to send or the amount the recipient should receive.

Step 3. Choose your payment method:

1. Select ‘Regular bank transfer’ as your payment method.
2. Choose your banking institution from the list provided.
3. Review all transfer details and click ‘Confirm’.
4. Once your payment request has been created in the Paysend system, log into your personal bank account to complete the payment.

Important details:

• Always transfer the exact amount specified.
  For example, if you’re asked to send 100.02 ILS, make sure to transfer exactly that amount — otherwise, your payment may not go through.
• Include your transaction ID as the payment reference.
  If the reference code is incorrect, your transfer might be delayed or cancelled.
• Make sure to send the funds from the same bank account you selected when creating the transfer.

Timing and next steps:

• If the funds are not paid into the Paysend account within 4 calendar days, the transfer will be automatically cancelled on the 5th day.
• Once Paysend receives the funds, they’ll be sent to your recipient.
• Depending on the recipient’s bank, delivery time can range from a few minutes to 3 business days.

If you experience any issues or have questions about your transfer, please contact Paysend Customer Support for assistance.