🇪🇺→🇮🇱
Send Money from European Union to Israel
Businesses in European Union paying Israel suppliers for Technology. Send EUR from European Union, receive ILS in Israel with t+0 (2.3s avg within unicorn network).
✓ Competitive Advantage: Local EUR collection + local ILS delivery = no correspondent bank fees
Save £2,125 per £100k Payment
European Union to Israel corridor savings
Traditional Bank
£2,630
- ❌ 2-3 day settlement
- ❌ Multiple correspondent banks
- ❌ Hidden FX margins
- ❌ High SWIFT fees
Unicorn Currencies
£505
- ✓ T+0 (2.3s avg within Unicorn network)
- ✓ Local EUR collection
- ✓ Transparent 0.5% spread
- ✓ Masav
Your Savings
81%
£2,125 per £100k
At £300k-£3M monthly, save £5,318/year
Sending from European Union: What You Need to Know
EUR Origin Specifics
- EUR single currency for 20 countries
- SEPA instant payment network
- GDPR compliance required
Your Local Advantages
- Local EUR account available
- SEPA (Single Euro Payments Area) instant collection
- No correspondent bank fees on origin side
Local Collection Method
SEPA (Single Euro Payments Area)
T+1 • European instant/standard payments. Covers 36 countries.
Paying Suppliers in Israel: Compliance & Requirements
Regulatory Considerations
- Bank of Israel regulations
- Israeli Customs documentation
- VAT (17%) on goods and services
- Ministry of Defense approvals for defense equipment
Payment Best Practices
- Israel = Startup nation, cybersecurity leader
- Masav standard for ILS business payments
- Tel Aviv = Tech hub, Jerusalem = Government center
- Strong R&D capabilities - innovation focus
Destination Settlement
T+0 (2.3s avg within Unicorn network)
via Masav
European Union → Israel Corridor Insights
Popular Industries
- Technology
- Cybersecurity
- Medical Devices
Peak Trading Hours
CET (GMT+1) to GMT time zone consideration
Best for rate execution and faster settlement
Typical Volume
£50k-£250k
Average transaction size for this corridor
Monthly volume: £300k-£3M
Compliance Notice: Subject to sanctions and compliance screening. Certain industries and countries not supported.
Ready to Send EUR from European Union to Israel?
Save 81% on every payment with t+0 (2.3s avg within unicorn network). Local EUR collection available.
Bank of Canada registered PSP | FINTRAC licensed MSB