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Payment of Russian Government Pensions to beneficiaries through Israel Post Print   Back >>
The Postal Bank enables its pensioner customers who emigrated from Russia, who are entitled to receive their pensions in Israel, to receive their pension payments in Israel directly into their accounts, without commissions and at preferred exchange rates.
All you have to do is open an account at the Postal Bank and you can enjoy the following benefits:
* Service without payment of a commission
* Deposits are made directly into the customer account at the Postal Bank
* The Postal Bank has extensive experience in transferring pension payments from various countries, such as: Romania, France and Germany
* Russian language support is available in many branches and at the Foreign Currency Center, from 8:00 to 18:00
* Numerous post office branches throughout the country
* Service is available in every post office branch

After opening an account at the Postal Bank, you must contact the Russian Consulate to register and send them the Postal Bank details forms

The address of the Russian Consulate: 1 Ben Yehuda Street, Tel Aviv
Telephone for queries: 03-5107088, 03-5101020

Pension payments will be transferred via S.W.I.F.T transfer, by the pension provider in Russia.
The pension sums are converted from Ruble to Dollar according to the representative exchange rate of the dollar in Russia, and are deposited in your Postal Bank account in NIS, according to the Check Buying rate.

Clarification: the pension provider in Russia is responsible for executing the transfer and for the transfer sums.

After completion of the registration process, the pension payments will be deposited into your account once every 3 months.

Additional Information
For detailed information about the service, please call the Postal Bank’s Foreign Exchange Center, free of charge:
From Bezeq telephone lines only: 1-800-21-31-41
From any other telephone: 02-500-5313
To speak to a representative, call on weekdays from 8:00 – 19:00 , and on Fridays and holiday eves, from 8:00 – 12:30
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