RIS reserves the right to change fees at any time.
Here are some tips for managing your finances while in Israel.
Use an ATM or Debit Card
- Cirrus and Plus are two major networks that are accessible by money machines in Israel. Are you on one of these networks? Check with your bank. If so, you can withdraw money in Israeli currency at any cash machine in Israel.
- There are several ATMs located in the Forum on the Mount Scopus Campus. There is also an ATM in the Frank Sinatra Student Center near the Boyar Building.
- Be sure to get a four-digit PIN, since longer PINs are not always accepted at Israeli ATMs.
Use a Credit Card
Open an Israeli Bank Account
Clal Center, Jaffa Rd. 97
Rehavia, Keren Hayesod St. 5; Contact – Nadav – +972 76 8052951
Beit HaKerem branch, 106 Herzl street
Bring the following items with you to open your bank account:
- An additional ID from your Country of Origin (driver’s license, birth certificate, etc.)
- Student ID
- Certificate of enrollment to HebrewU which mentions your degree
- Social Security Number or taxpaying information from home (TIN \ SSN)
Receive Money from Abroad
- Have checks or money orders sent by registered mail. Be prepared that a check mailed to you in Israel may take at least three weeks to clear in your bank account.
- Receive a bank transfer by having your US bank wire money into your Israeli account. This is one of the fastest ways to receive money. Most commercial banks will wire money to Israel; check with your bank for fees and instructions.
- Wire money to Israel through Western Union and the Israel Postal Authority. Money may be transferred from Western Union agents in the US to a number of postal branches in Jerusalem. The receiver, upon proof of identity, collects the money in cash (Israeli currency). The sender pays the transfer fee. For more information, call +1 (800) 325 6000 in the US or call toll-free (177) 022 2131 in Israel, or visit Western Union’s website.
Review the Financial Guide
Helping students dealing with financial problems.
Student Welfare (for Israeli Citizens & Permanent Jerusalem Residents)
Phone: +972 2 588 2881
Address: Frank Sinatra Building (first floor)
Office Hours: Sunday-Thursday, 11:00 a.m.-1:00 p.m.