International Money Transfer WESTERN UNION
With WESTERN UNION money transfer services, you can send money overseas easily and quickly. Do you want to send cash overseas? You can do it simply, easily and immediately.
The Postal Bank is giving its account holders a facility to send money overseas directly from their bank account, in a safe, convenient and simple way without the need of coming to the branch.
Customers who are registered for digital banking (Level 4) can do the transfer directly from their account on our website or via the ‘Postal Bank Account Management’ mobile app.
Customers who are not yet registered for digital services can download the attached form, complete and sign it and email or fax to 02-5005300. Press here for the terms of service.
Special offer for digital users
WESTERN UNION in conjunction with the Postal Bank are introducing a special offer, from 07/11/2023 until further notice. The offer consists of a discount on conversion rates for the sending currency and the receiving currency, and on the transfer commission to all destination countries.
The offer is for customers making WESTERN UNION transfers via the Postal Bank website and the Account Management mobile app, for amounts up to $1,000.
Below are the fees for the digital transfer special offer (in US dollars):
|
Transferred amount (US$) |
Fee (US$) |
|
|
From |
To |
|
|
0.01 |
100.00 |
4.00 |
|
100.01 |
1,000.00 |
6.00 |
- The offer does not apply to WESTERN UNION transfers that are not done digitally.
- Updates regarding Russia, Belarus and Ukraine:
- From 21/03/2022 it will not be possible to send money to Russia and Belarus.
- From 23/03/2022 it will not be possible to receive money from Russia and Belarus.
- From 24/03/2022 it will not be possible to pay for transactions sent to Russia and Belarus.
- Transactions paid in US dollars or Euros according to availability.
Wait, how can I send money using WESTERN UNION?
- From your nearest Postal Bank branch (don’t forget to bring your ID card or passport).
- Via the Home Banking website - or via the Postal Bank – Account Management mobile app.
* The money is paid to the recipient in dollars or euros or in the local currency, according to payment procedures in the destination country.
And what about receiving money?
- Go to your nearest post office branch with your ID card or passport.
- Give the transaction reference number MTCN.
- When the transaction is verified you will receive the money (in shekels or in dollars, in branches that provide foreign currency services) without commission.
WESTERN UNION – fast, simple, and with reduced commission*
- No waiting in line – the transfer is available immediately to the overseas recipient.
- No need for a bank account – pay for the transfer in shekels or dollars in branches authorized to sell foreign currency. Note – payments in cash depend on the size of the agency office that the recipient uses. In smaller offices, the payment may be given as a check.
- Accessible, convenient and user friendly – for your convenience, the service is available at over 400 post office branches all over the country, and money can be sent or received from 200 countries worldwide.
- Reduced fees for selected destinations and with digital banking.
- Postal Bank account holders gain more – with reduced fees for simple and convenient digital transfers!
Please note!
- To transfer amounts exceeding $2000 when the recipient is not a first degree relative, you may be asked to provide further documents. Call the Postal Bank foreign currency center on 076-8871133 for clarification.
- You can pay the transferred amount in dollars only in the foreign currency branches all over the country. The fee will be paid in shekels.
Prices
Money transfers are subject to a fee that varies according to the amount sent and the destination country.
Please note! For some destinations there are reduced fees. To check the commission for a particular country, refer to the fee calculator above.
* If the amount to be sent is paid in dollars, an additional fee will be charged for handling foreign currency.
Important
Tell the service rep in the branch that you wish to pay in dollars.
Payment will be made as requested by the sender.
For detailed information about the service, contact the Postal Bank foreign currency center on 076-8871133. On weekdays you can speak to a rep from 8:00 to 17:00, and on Friday and festival eves from 8:00 to 12:00.
Subject to the term of service and their restrictions.
| From amount $ | To amount $ | Fee |
|---|---|---|
| 0$ | 50$ | 13$ |
| 50.01$ | 100$ | 14$ |
| $100.01 | 200$ | 21$ |
| 200.01$ | 300$ | 27$ |
| 300.01$ | 400$ | 32$ |
| 400.01$ | 500$ | 37$ |
| 500.01$ | 750$ | 42$ |
| 750.01$ | 1000$ | 47$ |
| 1000.01$ | 1250$ | 55$ |
| 1250.01$ | 1500$ | 60$ |
| 1500.01$ | 1750$ | 70$ |
| 1750.01$ | 2000$ | 80$ |
| 2000.01$ | 2500$ | 100$ |
| 2500.01$ | 3000$ | 120$ |
| 3000.01$ | 3500$ | 140$ |
| 3500.01$ | 4000$ | 160$ |
| 4000.01$ | 4500$ | 180$ |
| 4500.01$ | 5000$ | 200$ |
| 5000.01$ | 5500$ | 220$ |
| 5500.01$ | 6000$ | 240$ |
| 6000.01$ | 6500$ | 260$ |
| 6500.01$ | 7000$ | 280$ |
| 7000.01$ | 7500$ | 300$ |
