• What is the fee Currenge charges, and how much money does it save for me?

    Currenge charges a fee of 0.1% of the converted amount in the original currency, with the minimum fee of $25, plus a cost for sending out the converted amount to a beneficiary.

    The cost the Currenge currently charges for sending out converted money is dependent of the money’s destination and currency itself, and according to the payment nature is the following:

    • Sending out Shekels in Israel: Zero fee
    • Sending out foreign currencies to an account within Bank HaPoalim: $6
    • Sending out foreign currencies to any Israeli bank that is not Bank Hapoalim or to a bank in Western Europe or in the USA: 0.2% of the amount transferred with the minimum fee of $25

    Please contact us to check the cost of sending money to any other destination.

    Currenge does not charge for money being sent in to its bank account, even if it’s sent from abroad. However, the sending bank may have its own sending fees and Currenge has no control over their fees. Please check with your bank, what would be the fee for sending to Currenge’s Israeli Bank HaPoalim account.

    If you intend to convert money that is about to be received in a foreign currency payment from abroad, it may be better to route it directly to Currenge’s Bank HaPoalim account.

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