ILS
₪
Israeli New Shekel
Official currency of Israel
ISO Country Code
IL
Decimal Places
2 / 4
Subunit
agora
Payment Methods Available
Payment Options
Available payment methods and requirements
Choose the right payment method for your needs
Priority Payment
Fast processing with priority serviceM | SWIFT |
|---|---|
Cut-off Time (UK) | 13:30 |
D | Next Day |
M | No limit |
D | Any (excluding sanctioned) |
R | Individual or Company |
Trace | Available |
Recall | Available |
Ultimate Payer Displayed | Available |
Required Fields
Field requirements for this payment methodRecipient Name
Recipient Address
Recipient City
Recipient Bank Code
BIC/SWIFT
IBAN
Currency Holidays
Currency settlements pause on public or bank holidays.
Currency Holiday Calendar
Official non-business days for this currencyNo holiday information available.
Account Format
Standards for account numbers and IBAN
Account Format & Structure
Standardised format for financial accounts with this currencyFormat Standards
| Format Type | Structure Pattern |
|---|---|
BBAN Basic Bank Account Number | XXX-YYYYYYYYYY |
IBAN International Bank Account Number | ILKK BBBS SSCC CCCC CCCC CCC Format Key LegendK:IBAN check digits B:National bank code S:Branch code C:Account number 13 digits (padded with zeros) |
Example Accounts
| Account Type | Example Format |
|---|---|
B Bank Code | 012 |
B Branch Code | 345 |
A Account Number | 678901234 |
B BBAN | 012345678901234 |
I IBAN | IL6201203450000678901234 |
Always double-check account formats before initiating payments to ensure successful transactions.
Additional Notes
Important information and special considerations
Special Considerations
Important notes and requirements for ILS paymentsPlease review these important notes before processing payments in ILS
1
ILS is freely convertible and used in both Israel and Palestinian territories.2
IBAN is mandatory for SWIFT payments; local payments use BBAN.3
SWIFT messages must use permitted characters: letters, numbers, spaces, and symbols / – ? : ( ) . , ‘ +4
Non-supported characters will be transformed to EBCDIC equivalent or removed on a best endeavors basis in order to comply with the restrictions of the Swift payment network. The permitted characters on the Swift network are letters, numbers, spaces and the following symbols: / – ? : ( ) . , ‘ +
For more information about payment requirements for ILS, contact your account manager or refer to the latest regulations.
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