The Bank of Israel published a reform to fees charged to households and small businesses. The reform aims to ease costs and will be phased in during October 2026 and July 2027, according to Channel 12.
The Bank of Israel has published the text of a reform to banking fees charged to households and small businesses, according to a Channel 12 report. The reform is designed to ease the cost burden on bank customers and will be implemented in two stages: October 2026 and July 2027. Details of the specific fee changes, which sectors are most affected, and estimates of expected savings are not yet available. The reform was announced as part of ongoing efforts to increase competition and transparency in the Israeli banking sector.
2 developments
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- DevelopingBank of Israel Confirms May Foreign Exchange Intervention
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