Monito.com

Find the best ways to send money to Israel from the USA

RemitlyWisePayPalWorldRemitWestern Union
As featured on
ForbesThe GuardianBusiness InsiderLe Monde

Top Providers For transfers from the USA to Israel

Based on 1,253 comparisons made by Monito users in the past 3 months.

Compare live results

Best of 10 providers. Compare all

Stay on top of the market

loading

Get our email alerts

We'll send you the exchange rate, best deal, and other helpful tips.

By continuing, you accept Monito's Privacy Policy and allow us to send you email alerts, as well as occasional money transfer tips, advice and marketing emails. You can unsubscribe at any time. Read our Privacy Policy.

Compare 7 provider for a 300 USD transfer from the USA to Israel

Results updated 4 hours ago.

For the most up-to-date and accurate results, start a new search

  • Cheapest for frequent transfers
    XE Money Transfer
    8.5
    Popular with Monito users

    Up to 1 day

    Recipient gets

    Fee 2.99 USD

    Exchange rate 3.6616

    0.13% worse than mid‑market rate

    1,088 ILS

Compare 4 providers

Sorted by amount received

  • Best deal
    Remitly
    9.1
    Money-back guarantee
    Includes preferential fee and/or exchange rate on your first transfer

    Same day

    Recipient gets

    Fee Free

    Exchange rate 3.6746

    0.23% better than mid‑market rate

    1,102 ILS

    1,008 ILS

  • XE Money Transfer
    8.5
    Popular with Monito users

    Up to 1 day

    Recipient gets

    Fee 2.99 USD

    Exchange rate 3.6616

    0.13% worse than mid‑market rate

    1,088 ILS

  • Wise
    9.5

    6 days

    Recipient gets

    Fee 4.45 USD

    Exchange rate 3.6716

    0.14% better than mid‑market rate

    1,085 ILS

  • CurrencyFair
    8.4
    Includes zero transfer fees on your first 10 transfers

    2 to 3 days

    Recipient gets

    Fee 20.00 USD

    Exchange rate 3.6410

    0.69% worse than mid‑market rate

    1,019 ILS

    979.47 ILS

    Estimated

We source transfer fees, rates and other data from money transfer providers in different ways - in most cases in real time. We constantly monitor the quality of our comparison data, but we cannot guarantee its accuracy.

Want to send money to the USA from Israel instead?

  • 25M+ comparisons made

  • $80M+ in transfer fees saved

  • 200+ providers compared

  • 2,000+ in-depth guides

Monito's Recommendations for Sending Money from the USA to Israel

Advertiser disclosure

Today's cheapest money transfer service might not be the cheapest tomorrow. Find the one that's best-suited to your needs and preference by comparing the best performers on Monito's comparison engine over the past 30 days for transfers from the USA to Israel:

recommendation icon

Best Ways to Send Money from the USA to Israel

Frequently Asked Questions

About Money Transfers from the USA to Israel

Monito compares 10 providers offering international money transfer services from the USA to Israel. The total cost of the cheapest available option at any given point in the past month was 0.4% of the transferred amount. In comparison, the total cost of the most expensive provider was on average 7.6%.

💸 Number of providers

10

🏆 Cheapest provider (on average)
💰 Lowest total cost (on average)

0.4%

💰 Highest total cost (on average)

7.6%

💸 Most transferred amount

300 USD

⚡ ️Fastest transfer time

In minutes

💳 Pay-in options

Debit card, Bank transfer, Credit card, Direct bank payment, International bank transfer

💵 Pay-out options

Bank account, Card, Bank account (via international transfer)

👍 Recommended providers

Revolut, Paysend, CurrencyFair, XE Money Transfer, Moneycorp, Wise, Remitly, Xendpay, OFX, Halo Financial

How To Send Money to Israel From the United States in 2024

If you want to transfer money from the US to Israel, you'll have two broad options to choose from. One will go through your bank (which we don't recommend because of the high fees). Another option will be to use an international money transfer service, which are specialists in the field. We go through them both below:

1 — Online International Money Transfer Service (Recommended)

Using an online international money transfer service is the fastest and cheapest way to transfer money from the US to an Israeli bank account. Several top online transfer platforms offer fast, low-cost USD to ILS transfers, including:

  1. Wise
  2. XE Money Transfer
  3. Remitly
  4. Currencyfair
  5. Halo Financial (FX broker for larger transfers)
  6. Paysend
  7. MoneyGram
  8. OFX (FX broker for larger transfers)

In general, money transfer services are the best way to send money abroad because they're the cheapest and usually the fastest and easiest to use options out there. Find out more about money transfer services here.

2 — Traditional Bank Transfers From the US to Israel (Expensive)

Using your bank — whether it be Wells FargoBank of AmericaCitibankCapital One or any other — is a reliable option to wire money from your bank account to a bank account in Israel. However, it's costly, and transfers usually take a long time to arrive (between two and five business days). This is because bank transfers go over SWIFT, which involves many steps.

For example, sending money from the US to Israel with Wells Fargo can be around 10% more expensive than making the same transfer with a top money transfer service online. For this reason, we generally don't recommend banks to get the job done. Learn more about why online platforms are better than banks for international transfers.

Best rates to transfer money from USA to Israel
9.5

Cheapest in 40.4% of all searches

Fastest in 47.2% of all searches

Online, easy & safe millions are doing it already

Go to Wise 
Based on 312078 searches made by Monito users in the past month.

Best Ways to Send Money to Israel From the US in 2024

Online money transfer specialists almost always offer lower service fees and stronger exchange rates than traditional American banks. However, many advertise themselves as the "cheapest" or "most transparent". How do you know if you're getting a good deal to send money to Israel?

Monito's comparison engine runs live searches for exchange rates and fees of 99 international money transfer providers to find the best deal for you. According to our data for money transfers between October 2022 and 2023, the best way to send money to Israel from the United States is usually one of the following specialist services:

1 — Wise

Wise is one of the most widely adopted money transfer services in the world. Wise is best in class for its transparency, never charging hidden exchange rate markups. Instead, it always applies the real mid-market exchange rate to your transfers to Israeli bank accounts. We highly recommend Wise for mid-sized transfers (greater than $1,000).

For the 12 months between October 2022 to 2023, Wise ranked as the best way to send money to Israel for 37.8% of searches done on Monito.

Learn more: Read our in-depth Wise review or visit their website.

2 — XE Money Transfer

XE Money Transfer is another secure international money transfer service, highly reviewed by its customers. The service is ideal for bank transfers from the US to Israel. If you're sending small-sized transfers (under $1,000), then XE actually outranks Wise as the best option.

From October 2022 to 2023, XE offered the best rates to send money to Israel for 24.9% of searches done on Monito.

Learn more: Read our in-depth XE Money Transfer review or visit their website.

3 — Remitly

Remitly is an excellent service trusted by millions of workers globally to send their remittances home. We recommend Remitly specifically for its cheap cash-pick ups. It manages an extensive global network of cash-pick up locations, which also operates in Israel.

Between October 2022 and October 2023, Remitly held the top spot to send money to Israel on 23.0% of searches done on Monito.

Learn more: Read our in-depth Remitly review or visit their website.

Very Large Bank Transfers to Israel From the USA in 2024

If you'd like to send a substantial amount of money to an Israeli bank account from the US (i.e. more than $20,000), your best bet will be to use a foreign exchange broker. These services are similar to ordinary money transfer and remittance services. The main difference is that they specialise in large transfers and can negotiate favorable exchange rates on your behalf.

According to our comparison engine, Halo Financial offered the best rates 46% of the time for transfers above $20,000 to Israel (for October 2022 to 2023). The next best services for large transfers were Wise and Currencyfair.

To make sure you get the best deal on every transfer to Israel, run a real-time search with Monito's comparison engine:

Everyone wins, except expensive solutions

With our model, the only losers are the expensive banks or providers you’ll stop using!

To ensure our independence, we always use transparent, objective and verifiable criteria in our comparison. No provider can buy their way to the top of our results.

We include as many providers as possible in our comparison and have partnerships with almost all major and innovative providers.

We make sure you never pay more than if you went directly to the provider of your choice. We even negotiate special offers for you with many of our partners.

  • You save money on your transfer by selecting the cheapest provider.

  • The best providers earn new customers without expensive marketing, helping keep their costs (and prices) low.

  • Monito receives a referral fee from the provider you selected. This enables us to offer our service to you for free.

Questions you may have

Why Trust Monito?

You’re probably all too familiar with the often outrageous cost of sending money abroad. After facing this frustration themselves back in 2013, co-founders François, Laurent, and Pascal launched a real-time comparison engine to compare the best money transfer services across the globe.

Today, Monito’s award-winning comparisons, reviews, and guides are trusted by around 8 million people each year and our recommendations are backed by millions of pricing data points and dozens of expert tests — all allowing you to make the savviest decisions with confidence.

Learn more about Monito
  • Monito is Trusted by 15+ Millions Users across the globe.

  • Monito's experts spend hours researching and testing services

  • Affiliate commissions we may receive never impact our independence

Mid-market exchange rate

To calculate the total cost of your transfer, we compare the exchange rate every provider applies to your transactions with the latest mid-market exchange rate data that we source from XE.

Monito.com

Global Impact Finance Ltd
Rue du Pont 22
1003 Lausanne
Switzerland

Affiliate Disclosure
Instead of banner ads and paywalls, Monito makes money through affiliate links to the various payment service providers featured on our website. While we work hard to scout the market for the best deals, we're unable to consider every possible product available to you. Our extensive range of trusted affiliate partners enables us to make detailed, unbiased, and solution-driven recommendations for all types of consumer questions and problems. This allows us to match our users with the right providers to suit their needs and, in doing so, match our providers with new customers, creating a win-win for everybody involved. However, while some links on Monito may indeed earn us a commission, this fact never impacts the independence and integrity of our opinions, recommendations, and evaluations.