What the bank must tell you
Banks in Israel are obliged by law to provide their customers with complete, reliable information in writing and must actively prevent the risk of misleading the customer in relation to the terms agreed upon with them. What does this mean and what is your role in it? So what does the bank have to tell […]
Your Bank Identity Statement: A Powerful Tool for Financial Clarity
Recognizing your banking ID report as a first step in understanding your financial situation
10 Tips for Safe Mobile Banking
Our mobile phones are always with us, allowing us to connect to our bank accounts online and complete transactions quickly. Banks invest significant resources to secure our online banking activities and protect the privacy and confidentiality of our data and information. They do this through encrypted websites and defined processes such as account authentication and […]
The Paamonim App
After helping more than 80,000 households over more than twenty years of operations, we are excited to offer you the opportunity to benefit from the Paamonim foundation’s financial tracking and management system. Using the app, you will gain a complete picture of your financial situation, plan your income and expanses according to the budget you […]
Tips for a Safe and Budget-Friendly Winter
Winter is a season that brings its own special charm, along with unique expenses and challenges. From heating bills to cold and flu season, from rainy commutes to cozy evenings at home, this time of year calls for a bit of extra planning. The good news? With some smart preparation and a few practical adjustments, […]
How to Calculate Tax Credit Points in Israel: A Practical Guide to Understanding the Israeli Tax System and Saving Money
Introduction: How the Israeli Tax System Works In many countries around the world, every citizen is required to file an annual tax return. In Israel, however, most employees don’t need to file a report themselves because the tax system is based on the employer’s payroll system. The advantage – simplicity. Your employer calculates and deducts […]
What Is a Longevity Form?
Signing a longevity form at your bank prevents the automatic freezing of a joint account in the event of the passing of one of the account holders, whether a parent, spouse, or partner. This simple step ensures that the remaining account holders can continue managing their finances without interruption, even before a probate order or […]
Bank Account Power of Attorney: What You Need to Know
As people grow older or face physical or health challenges, they may need to authorize someone else, usually a trusted family member, to manage their bank account on their behalf. This is done through a bank account power of attorney. What Is a Bank Account Power of Attorney? A bank account power of attorney allows […]