web analytics
September 16, 2014 / 21 Elul, 5774
At a Glance
News & Views
Sponsored Post
Apartment 758x530 Africa-Israel at the Israel Real Estate Exhibition in New York

Africa Israel Residences, part of the Africa Israel Investments Group led by international businessman Lev Leviev, will present 7 leading projects on the The Israel Real Estate Exhibition in New York on Sep 14-15, 2014.



Bank of Israel Orders 50 Percent Cut in Bank Fees

The Bank of Israel ordered on Monday a 50 percent cut in fees Israel’s banks charge customers’ checking accounts.

The banks make money, piles of it, by milking customers for two transactions for every check – one for the deposit and one for the transfer of funds.

Bank of Israel Supervisor David Zaken ordered a stop to the procedure on Monday, leaving customers to be billed for only once charge per check, Globes business newspaper reported.

Zaken also ordered reforms in the area of stock exchange transactions.

About the Author: Tzvi Ben Gedalyahu is a graduate in journalism and economics from The George Washington University. He has worked as a cub reporter in rural Virginia and as senior copy editor for major Canadian metropolitan dailies. Tzvi wrote for Arutz Sheva for several years before joining the Jewish Press.


If you don't see your comment after publishing it, refresh the page.

Our comments section is intended for meaningful responses and debates in a civilized manner. We ask that you respect the fact that we are a religious Jewish website and avoid inappropriate language at all cost.

If you promote any foreign religions, gods or messiahs, lies about Israel, anti-Semitism, or advocate violence (except against terrorists), your permission to comment may be revoked.

No Responses to “Bank of Israel Orders 50 Percent Cut in Bank Fees”

Comments are closed.

SocialTwist Tell-a-Friend

Current Top Story
rocketpopmap12009
IDF Confirms: Rocket Launched from Gaza
Latest News Stories
rocketpopmap12009

The IDF has confirmed that a rocket was launched from Gaza at approximately 6:30pm on Tuesday.

Arsonists set fire to a Brussels synagogue that was firebombed in 20190, but Jewish officials are not ready to declare the incident as anti-Semitic. The wife and two children of the synagogue’s caretaker, who was not present at the time of the arson, suffered slight smoke inhalation after the fire broke out on the fourth […]

Sabra 'hummus" - made in Israel and be bought in the United States

If you don’t live in Israel, at least ‘Buy Israel.”

One dollar now buys 3.64 shekels, nearly 25 agorot more than two months ago.

The higher rate is good news for Israelis with dollar accounts and for U.S. tourists.

A guide at the Gush Etzion Zoo (bet you didn’t there was one of those in Gush Etzion) explains to Junior High School students how to extract the ram horn shell after it dried, and eventually make it into a shofar, on September 15, 2014.

“Jewish teams’ are more proud to win than proud to be Jewish.

A prison inmate on death row in Connecticut is demanding kosher food, though he’s not really Jewish.

There were reports that ISIS shot down a Syrian regime’s war plane over its “capital,” Raqqa.

An eight year old boy was struck and killed in a parking lot by a school bus Tuesday at Kibbutz Kfar Menachem.

A new cancer treatment to fight metastatic melanoma, Keytruda, has been approved by the FDA.

Finance Minister Yair Lapid refuses to raise taxes and won’t let defense budget demands turn into a ‘Turkish bazaar.’

Turkey has offered to host the Egyptian leaders of the Muslim Brotherhood after their eviction from Qatar.

Israel is cracking down on Arab attackers determined to harm Jews in Jerusalem and around the country.

For the first time, US warplanes bombed ISIS terrorists near Baghdad in support of Iraqi troops.

Oskar Groening’s defense is that he only was cog in the Nazi death machine.

The US warns people to buy gas masks if visiting, Israel warns of world-wide anti-Semitism.

More Articles from Tzvi Ben-Gedalyahu

Arsonists set fire to a Brussels synagogue that was firebombed in 20190, but Jewish officials are not ready to declare the incident as anti-Semitic. The wife and two children of the synagogue’s caretaker, who was not present at the time of the arson, suffered slight smoke inhalation after the fire broke out on the fourth […]

One dollar now buys 3.64 shekels, nearly 25 agorot more than two months ago.

The higher rate is good news for Israelis with dollar accounts and for U.S. tourists.

“Jewish teams’ are more proud to win than proud to be Jewish.

Oskar Groening’s defense is that he only was cog in the Nazi death machine.

The US warns people to buy gas masks if visiting, Israel warns of world-wide anti-Semitism.

Just to make the score even, police also arrested a Jew

Israelis in the Golan Heights are caught between a rock and a hard place.

“I will kill all of you,” said the drunken gunman, annoyed at the nerve of a truck blocking traffic.

Printed from: http://www.jewishpress.com/news/breaking-news/bank-of-israel-orders-50-percent-cut-in-bank-fees/2013/07/08/

Scan this QR code to visit this page online: