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Send money to Israel

Flag of United StatesUSDFlag of ILSILS|Pricing observed
Top-ranked estimateof 6 providers
Remitly logo

Remitly

Rate 3.0604 · Fee free

You send

$1,000

Estimated receipt

₪3,060

₪110 more than the lowest estimate

Send with Remitly

Affiliate link · No extra cost to you

Quick answer: Remitly ranks first of 6 for 1,000 USD → ILS: 3,060.44 ILS estimated. 109.92 ILS separates first from last.

Latest pricing observation: . Quotes are kept per USD→ILS pair, not per country, so check is served before you commit. Methodology.

From
To
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What is the cheapest way to send USD to ILS?

Sending $1,000 to Israel, ranked by estimated payout.

Source: our collected quotes

1
Remitly logo

Remitly

Minutes to 3-5 days

Best value

₪3,060.44

recipient gets

Rate 3.0604·Fee Free·0.04% markup
2
XE Money Transfer logo

XE Money Transfer

1-4 business days

₪3,039.01

recipient gets

Rate 3.0390·Fee Free·0.74% markup
3
OFX logo

OFX

1-3 business days

₪3,033.80

recipient gets

Rate 3.0338·Fee Free·0.91% markup
4
Wise logo

Wise

Instant

₪3,028.72

recipient gets

Rate 3.0543·Fee $8.38·0.24% markup
Best rate 189 of 190 days
↓ 1.3% over 190dAvg: 2.99 ILS (+2.2% vs avg)
5
CurrencyFair logo

CurrencyFair

1-2 business days

₪3,017.65

recipient gets

Rate 3.0317·Fee $4.62·0.98% markup
6
Currencies Direct logo

Currencies Direct

1-2 business days

₪2,950.52

recipient gets

Rate 2.9505·Fee Free·3.63% markup
7
Regency FX logo

Regency FX

Same day may be available; confirm your route

₪3,037.17

recipient gets

Rate 3.0372·Fee Free·0.80% markup

Estimated payout difference: ₪109.92 between first and last on $1,000.

By Awais Imran·Pricing collected from provider APIs and comparison sources
Some links earn us a commission, at no cost to you. It never changes the ranking. Editorial policy

Israel receives approximately $4.5 billion in remittances annually, with the United States being the dominant source corridor, followed by Germany and France. The Bank of Israel manages the shekel (ILS), which is a fully convertible, freely floating currency trading in international markets. Israel's banking sector is concentrated among five major banks — Hapoalim, Leumi, Discount, Mizrachi-Tefahot, and the International Bank — which together hold over 90% of deposits. The Zahav real-time gross settlement system handles high-value transfers, while Masav clears retail payments.

  • Israeli IBANs are 23 characters starting with 'IL', though some international transfers still use the legacy branch number + account number format.
  • Bank Hapoalim and Bank Leumi are the two largest banks, each with extensive branch networks and digital banking platforms.
  • The ILS is a strong, freely traded currency — it appreciated significantly against the USD in recent years before geopolitical events introduced volatility.
  • PayBox (by Bank Hapoalim) and Bit (by Bank Leumi) are popular domestic payment apps but are not direct remittance channels from abroad.
  • Transfers from the US account for the largest share of Israel-bound remittances, many related to family support, charitable giving, and real estate transactions.

Which provider offers the best USD to ILS rate?

Remitly

Remitly

4.6

Exchange rate

3.0604

Fee

Free

Recipient gets

₪3,060.44

Speed

Minutes to 3-5 days

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