We’re excited to announce a new feature that streamlines and simplifies international money transfers for our valued clients. Now, you can send funds in Euros (EUR) and have them automatically converted to Israeli Shekels (ILS) for beneficiaries with Israeli bank accounts.
“As we continue to innovate and adapt to the ever-changing landscape of financial services, we’re dedicated to offering our clients better payment solutions,” said Mihai Lescae, CEO Wallter. “This new EUR to ILS conversion option offers a seamless solution for local ILS payments, eliminating the need for currency exchanges and saving our clients valuable time and effort.”
Benefits of the EUR to ILS Equivalent Transactions:
- Simplified Process: Clients can send funds directly in EUR, with automatic conversion to ILS for their beneficiaries.
- Streamlined Transactions: Eliminates the need for manual currency exchanges, offering a faster and more efficient process.
- Enhanced Convenience: Provides a more user-friendly experience for both clients and their Israeli beneficiaries.
How to Use the New Feature:
- Access the WIRE Transfer tab within your Wallter account.
- Select the “Send equivalent in ILS” checkbox when initiating a wire transfer in EUR.
- Verify that the beneficiary’s IBAN belongs to an Israeli bank account denominated in ILS.
- Confirm the transaction details with the clearly displayed fee and proceed as usual.
Transactions utilizing the EUR to ILS equivalent feature are subject to a supplementary charge, which is transparently displayed within the platform at the time of transfer initiation.
We are sure that this new feature streamlines the experience with Wallter and makes our clients’ local ILS payments faster and more convenient. If you have any questions or require further assistance, please don’t hesitate to contact our customer support team at crm@wallter.com.
If you need our payment solutions, register for a Wallter account today. Start here!
