Canada to Israel corridor
Pay Israel from Canada, in control.
CAD in, ILS out, at a pre-agreed FX margin, with route context, proof, and a desk that owns the follow-up.
The routeOPERATIONAL
CAD
Canada
ILS
Israel
COLLECTCAD LOCAL BUSINESS ACCOUNT
FXPRE-AGREED MARGIN
DELIVERILS · MASAV · ZAHAV (ZAHAV+ RTGS)
PROOFREFERENCE ON EVERY LEG
Why this corridor needs control
FX visibility
The CAD to ILS pair reviewed against invoice amount and expected received value, before instruction.
Route and timing
Movement depends on route availability, cut-offs, compliance review, and receiving-bank handling.
Payment proof
References and route evidence for when a counterparty says funds have not arrived or arrived short.
Reconciliation
A clear trail from payment purpose through instruction, proof, exceptions, and close.
Route facts
FROM CANADA
✓CAD commodity currency (tracks oil/resources)
✓Interac e-Transfer where supported by banks
✓FINTRAC oversight
TO ISRAEL
✓Supplier payments to Israel are typically denominated in ILS (Israeli New Shekel).
✓Local rails commonly used: Masav, Zahav (Zahav+ RTGS), Bit
✓Beneficiary identifier: Bank Code + Branch + Account — 2-digit bank, 3-digit branch, account number
Common use: Businesses in Canada paying Israel suppliers for Technology.
Timing, honestly
What can affect timing, cost, or amount received.
Currency pairRoute availabilityBanking cut-off timesSender and receiving bankIntermediary deductionsBeneficiary bank chargesCompliance reviewHolidays and time zonesDetail accuracy