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Postal Check (Money orders) in Israel Print   Back >>
 
The Postal Bank is now offering a new service– selling and cashing in of postal checks, that are issued for various sums at the request of the customer, via an online process.
The checks can be cashed in three ways:
a. Cashing the checks in cash at online branches.
b. Depositing the sum into the beneficiary’s account at the Postal Bank in all branches.
c. Depositing the sum into the beneficiary’s account in another bank.

Postal checks are personal, for the beneficiary only, and are valid for sixty days from their date of issuance.
 
 
Important
Postal checks are personal and cannot be endorsed.
Payment for postal checks is in cash only.
Postal checks issued in the name of a company cannot be redeemed in cash, and may only be deposited into the account of the beneficiary.
 
How Much Does it Cost?
Postal check service charges

Check sum (NIS) Service charge without VAT Service charge including VAT
200 - 1 5.15 NIS 6.00 NIS
500 - 201 6.87 NIS 8.00 NIS
1,000 - 501 10.30 NIS 12.00 NIS
2,500 - 1,001 12.02 NIS 14.00 NIS
5,000 - 2,501 14.59 NIS 17.00 NIS
10,000 - 5,001 19.74 NIS 23.00 NIS
20,000 - 10,000 30.00 NIS 35.00 NIS
30,000 - 20,000 40.00 NIS 46.00 NIS
40,000 - 30,000 50.00 NIS 58.00 NIS
50,000 - 40,000 60.00 NIS 69.00 NIS
60,000 - 50,000 70.00 NIS 81.00 NIS
70,000 - 60,000 80.00 NIS 92.00 NIS
80,000 - 70,000 90.00 NIS 104.00 NIS
90,000 - 80,000 100.00 NIS 116.00 NIS
90,000 - 100,000 110.00 NIS 127.00 NIS
Inquiry into the fate of a postal check – 5.87 NIS

 
Detailed information is available in the Postal Guide (Hebrew)
 
 
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