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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.
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Israeli school year will begin as planned, and schools “are prepared for any security-related events.”
Gaza workers continue to search for the body of Hamas military chief Mohammed Deif after an IAF air strike August 20.
PA Arabs stoned an Egged bus near Halhoul, north of Hebron Wednesday. The attack took place near the site where the bodies of Eyal Yifrah, Gil-Ad Sha’ar and Naftali Fraenkel were discovered on June 30. No injuries or property damage were reported.
Prime Minister Netanyahu praised joint IDF, Shin Bet efforts ending in terror deaths.
Three more terrorists killed in IAF air strike on Sheikh Radwan section of Gaza City Thursday.
17:05 08-21-2014 Gaza Belt region 16:50 08-21-2014 Gaza Belt region 15:27pm 08-21-2014 Gaza Belt communities, Kfar Aza, Sa’ad 15:13pm 08-21-2014 Nahal Oz, Alumim, Zikkim, Karmiya – Gaza Belt communities (multiples) 14:32pm 08-21-2014 Be’er Sheva 14:06pm 08-21-2014 Ashkelon Iron Dome intercepts five missiles over Ashkelon coastal region 14:03pm 08-21-2014 Ashkelon / Nahal Oz / Yad Mordechai, […]
One Israeli man was wounded Thursday making sure children escaped rocket fire in time.
Raed al-Attar was an extremely dangerous, sophisticated Hamas terrorist. But he is dead.
Royal Jordanian Airlines has again canceled flights to Tel Aviv over fears of rocket fire from Hamas.
IAF fighter pilots eliminate 20 terror targets in Gaza since midnight, killing six in the region.
Three top Hamas military commanders were killed in overnight air strike by the Israel Air Force, the Shin Bet has confirmed.
Ramallah-based PFLP head Khalida Jarrar was “deported” to Jericho by IDF troops on Wednesday for incitement against Mahmoud Abbas.
Pro-Hamas activists hung a 200 foot PA flag from the Brooklyn Bridge.
A suspected car bomb caused police to evacuate the campus.
The Islamic State is getting a lot of bad publicity lately, which actually proves how successful they are.
Islamic terror coming soon to your favorite neighborhood street theater.
Netanyahu, Ya’alon and Gantz’s comments: War until there is total quiet and everyone can sleep at night.
Longshoremen pulled a fast on anti-Israel picketers and are unloading the Zim ship that was blocked from unloading last week.
Deif may, or may not, have escaped the bombing raid. His wife, at least one of them, was killed. Is Haniyeh next?
“Seeing the Bible come to life is quite remarkable” – Rick Santorum
The United States holds Hamas accountable for all rocket attacks on Israel, U.S. State Dept. spokeswoman Marie Harf told reporters at the daily oppress briefing Tuesday. Asked if the rockets that broke the cease-fire were launched from Gaza, she said, “It came from Gaza, and Hamas has responsibility for Gaza.” Harf also that there has […]
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