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On March 1 2006 the Israeli Postal Authority was replaced by the Israel Postal Company Ltd, a governmental company.
The Israel Postal Bank- incorporated as a subsidiary of the Israel Postal Bank is now called the Postal Bank Company Ltd.
Due to the amended Postal Law, financial services will be provided by the Israel Postal Company Ltd on behalf of its subsidiary the Israel Postal Bank Ltd.
All financial services will be supervised by the government.
As a licensed dealer, the services provided will incur VAT charges.
The legal chances will not have an impact on the services provided to customers.
It is our intention to invest great efforts in expanding and improving the services provided to our customers. |
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