IBAN in Israel

To make an IBAN, banks combine local account details into one string of characters. This means you can calculate an IBAN using these account details.

What is the IBAN format in Israel ?

An IBAN (International Bank Account Number) is an internationally-agreed code made up of up to 34 letters and numbers that helps banks make sure that international transfers are processed correctly.

Each set of characters represents a different detail for your bank account. You can see the breakdown of this IBAN below.

What is the IBAN code in Israel?

IBAN in Israel consists of 23 characters:

  • 2 letter country code
  • 2 digit check number
  • 3 characters from the bank's bank code
  • 3 digit code for the bank branch
  • 13 digit code for the bank account number

Already have an IBAN code?

Check IBAN
IBAN example in Israel IL620108000000099999999
IBAN in print format IL62 0108 0000 0009 9999 999
Country code IL
Check digits 62
Bank code 010
Branch code 800
Bank account number 0000099999999

Do you need an IBAN in Israel?

Yes. If you’re making – or expecting to receive – an international money transfer to a bank account in Israel, then just a standard bank account number isn’t enough. If you want your money to arrive quickly and safely, you’ll usually need to give the bank a few extra details, such as an IBAN or SWIFT code.

Banks assign IBANs to each of their accounts to make sure that international transfers are processed correctly.

IBANs contain all of the country, bank, and account details you need to send or receive money internationally. This system is used throughout Europe, and also recognised in some areas of the Middle East, North Africa and the Caribbean.

Calculate IBAN

Compare prices for sending money abroad

Banks and other transfer services have a dirty little secret. They add hidden markups to their exchange rates - charging you more without your knowledge. And if they have a fee, they charge you twice.

Wise never hides fees in the exchange rate. We give you the mid-market rate. Compare our rate and fee with Western Union, ICICI Bank, WorldRemit and more, and see the difference for yourself.

Sending 1,000.00 AUD withRecipient gets(Total after fees)Transfer feeExchange rate(1 AUD ILS)
Western UnionCheapest2,120.54 ILS
2.99 AUD2.12690
Remitly2,114.73 ILS- 5.81 ILS0.00 AUD2.11473
Wise2,114.39 ILS- 6.15 ILS8.87 AUD2.13331
National Australia Bank2,056.79 ILS- 63.75 ILS0.00 AUD2.05679
Westpac2,051.59 ILS- 68.95 ILS0.00 AUD2.05159

We have a 4.3 out of 5 rating on Trustpilot

It's your money. You can trust us to get it where it needs to be, but don't take our word for it. Read our reviews at Trustpilot.com

Fast transactions, simple app, no hidden fees everything just feels right👍
Qendrim Gjoka
Published 50 minutes ago

The best ewallet I've ever seen. Extremely easy to use, no hidden fees, everything is clear. Also, it's very useful when you are on holiday abroad.
Charlie Firpo
Published 1 hour ago

Top et efficace
THIBAULT MARC POUJADE
Published 2 hours ago

A cheaper, faster way to send money abroad

FAQs