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  • Clearshift
  • True Cost Calculator
  • Official Exchange Rates
Enter the transaction details and rate you were quoted:
      Transaction Amount
        Quoted Rate:
        From Your Bank/Broker
        * Recheck your quoted rate
        Breakdown of a bank quote:
        Zero-Cost Rate: 3.8632 The Zero-Cost rate is the Benchmark Interbank Mid-rate
        Bank's Quoted Rate: 3.8632
        Hidden Rate Spread: 0.0301
        Hidden Rate Spread ( USD/ILS ): x 0.0301
        Transaction Amount ( USD ): 25,000
        Hidden Spread Cost ( ILS ): 301 Cost resulting from the difference between the benchmark rate and the quoted actual rate
        Spread Cost ( ILS ): + 301
        Commission Cost ( ILS ): + 75,515 Banks usually charge an additional exchange fee of about 0.18%
        * Wire Fee Cost ( ILS ): 0.00 Banks usually charge an additional fee for incoming / outgoing international foreign currency wires
        * Type of Exchange:
          Total True Cost ( ILS ):
          0.99 %
          % of the transaction:
          Clearshift customers cut their True Cost by up to 80%.
          Find out how
          Clearshift True Cost:
          0.25% (plus VAT) for corporate accounts or
          0.5% (including VAT) for retail accounts.
          100 NIS minimum fee per transaction.
          Stop speculating about your quote: your rate is the next official daily exchange rate published by the Bank of Israel

          Benchmark interbank mid-rates:

          As of: 01:01:01 IST, 25 Oct 2016
          • Currencies
          • Bid
          • Mid
          • Ask
          • USD/ILS
          • 3.8572
          • 3.8632
          • 3.8693
          • EUR/ILS
          • 4.1928
          • 4.2001
          • 4.2074
          • EUR/USD
          • 1.0879
          • 1.0879
          • 1.0880


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          February 10, 2016 : 

          Joint Venture to Bring the Benefits of Peer-to-Peer Foreign Currency Exchange with Real and Easily Verifiable Price Transparency

          June 17, 2014 :  Clearshift began rolling out its secure online portal to selected customers. Through the portal, customers will be able to initiate payments to preregistered beneficiaries, download transactions for bookkeeping and view transaction history.   June 09, 2014 : 
          "Since steering our business to Clearshift we've saved thousands of Shekels..."
          March 20, 2014 :  At the invitation of the Knesset Law Committee, Clearshift and other leading industry players have been active participants in several Committee hearings and industry meetings aimed at shaping the long-awaited modernization of the 2002 regulation governing licensed Currency Service Providers. February 24, 2014 :  In light of the check -clearing crisis in Israel, Clearshift has begun offering the ability for personal accounts to "draw" funds from a US account. August 01, 2012 :  The opening transaction was a six-figure cross-border transfer for a non-profit organization and the customer was pleased to save more than one thousand Dollars off the ordinary True Cost of the transaction.  The company sees great potential among non-profits, especially for the standing instruction service for internal transfers between overseas fundraising offices and the local home office. March 01, 2012 :  The State of New Jersey Department of Banking & Insurance granted Clearshift a money transmitter license.  Clearshift's US headquarters will be based in Mt. Laurel, New Jersey.