Israel Post Bank

Post offices offer a wide range of services, including those that were non-traditional for them in the past. For example, foreign currency exchange, its transfer, receiving pensions from Russia, etc. Recently added to the list of non-traditional services are also banking services that the Israeli Post started providing at the end of the last century.

The number of branches (approximately): 5
Products: Deposits, smart cards.
Business services: Private banking
Stockbroker: Yes
Website Languages (Personal Account): Hebrew, English, Arabic, Chinese, Thai, Russian
Mobile App: No
Advantages
  • Easy to open a bank account.
  • Internet payments in the currency you have chosen for your card.
Disadvantages
  • Almost no own ATMs.
  • High commissions.
  • Issues with card cancellation.
  • High maintenance fee.

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