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Latest News

JULY 2025

Bank of Israel issues draft regulations ahead of High Court hearing. We respond with a formal public comment. You can also comment - until July 3, 2025.  

The public is able to comment on the draft regulation that directly affects the ability of Olim to transfer funds into Israel, and what is required of the banking corporations.

Read our comment in
Hebrew / Russian.
Reference the original Bank of Israel draft regulation
here.
 
To submit a comment, email Prudential@boi.org.il

JULY 2025

July 14, 2025: Israel’s High Court of Justice To Hear Petition Seeking Bank of Israel Policy Change

The Economic Integration Association seeks relief by having the Supervisor of Banks issue regulations that would enable new immigrants to receive banking services currently denied to them, due to the blanket, de facto application of international sanctions imposed on foreign banks overseas.

Read our press release in Hebrew / English.

Register to attend the hearing (open to the public)

 

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JUNE 2025

High Court Hearing Being Rescheduled, Date TBD

Originally scheduled for May 22, 2025, the new date is July 14, 2025 at the High Court of Justice in Jerusalem, Israel. 

JUNE 2024

The Economic Integration Org publishes Data from 2 Years of Immigrant Surveys: The Failures of Banks to Provide Essential Services to Vulnerable
Immigrants in Israel in 2022-2024 

Read the Fair Banking Report in English

Read the Fair Banking Report in
Hebrew

 

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MAY 8, 2023

The association of Israeli banks just issued list of documents for transfers

What you can do:

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MARCH 20, 2023

Israeli banks have not yet implemented the guidelines from the Bank of Israel.

What you can do:

"Following complaints from immigrants from Ukraine and Russia, the Bank of Israel instructed the banks: not to avoid opening accounts and to limit consideration of... requests to a reasonable time...Avidan was presented with data from a survey conducted by the organization Reboot Startup Nation last January among hundreds of immigrants." Read the full article here.

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We've launched! The immigrant economic integration org is here.

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The recently founded non-profit organization for economic inclusion aims to remove the bureaucratic and financial barriers for immigrants, who can become a strategic asset for the country if included in the economy faster. Read the full article.

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