Montrose Change specializes in changing US Dollars, Pounds, Euros and Australian Dollars into Israeli Shekels. We can reduce your currency exchange costs and make your life easier. Here are some examples of people we have helped.
TRANSFERRING FUNDS TO YOUR ISRAELI BANK ACCOUNT
An American customer recently transferred $100,000 into our bank account to pay for a deposit on an apartment in Israel. The funds were transferred to his Israeli bank account the following day. Another customer transferred funds for renovation to his house, and another transferred funds to a relative in Israel for a medical emergency and we delivered the cash to their home in Jerusalem.
REMODELLING YOUR HOME IN ISRAEL
One of our customers was remodelling his home in Beitar but his money was in the U.S. He didn’t want to bring it over to his bank account in Israel because it involves unnecessary bureaucracy. Instead he transferred the money to a Montrose U.S. dollar account, and we followed his instructions to arrange bank transfers to the air conditioning company, the appliance store, and the builder on his behalf. Since by Israeli law (since 2019) you cannot pay over 11,000 NIS in cash to any contractor, it is more necessary than ever to have a facility in place to make bank transfers on your behalf.
BUILDING YOUR HOUSE IN ISRAEL
Before making Aliyah, an American family had a house built off-plan in RBS Gimmel. They transferred the money in installments of $300,000 to Montrose Change’s US dollar account. Montrose Change kept the installment payment vouchers in their safe and made the payments to the construction company on their behalf, according to the agreed payment plan.
PAYING TAXES IN ISRAEL
Our customer was the beneficiary of an Australian trust and the trust became liable for Israeli taxes. She need to pay millions of NIS to the Israeli Tax Office, but she could not transfer the money from Australia to Israel because her bank would not accept the funds. She came to Montrose for help. We were able to facilitate her international transfer through our local bank network and pay her tax bill directly to the tax office in her name.
Contact us today and see how we can save you money and make your life easier! Call us on 076-540-6563 in Israel, email firstname.lastname@example.org, or check our international contact details here.