Comments on: Receiving a US-based Salary in Israel, Part II: Salaried Employee http://aliyahblog.com/2008/05/06/receiving-a-us-based-salary-in-israel-part-ii-salaried-employee/ Moving UP in the World Tue, 09 Mar 2010 03:43:30 +0200 http://wordpress.org/?v=2.9.2 hourly 1 By: Leah http://aliyahblog.com/2008/05/06/receiving-a-us-based-salary-in-israel-part-ii-salaried-employee/comment-page-1/#comment-56419 Leah Wed, 25 Mar 2009 17:44:18 +0000 http://www.aliyahblog.com/?p=367#comment-56419 The best strategy I have found is to open an account in a US internet bank (schwab.com is good) and use their debit card for all payment here in Israel. You would need to set it up with a US address though. The best strategy I have found is to open an account in a US internet bank (schwab.com is good) and use their debit card for all payment here in Israel. You would need to set it up with a US address though.

]]> By: Yehoshua http://aliyahblog.com/2008/05/06/receiving-a-us-based-salary-in-israel-part-ii-salaried-employee/comment-page-1/#comment-44002 Yehoshua Mon, 12 May 2008 07:38:50 +0000 http://www.aliyahblog.com/?p=367#comment-44002 Vanguard has free international wire transfers over $5000 and a $10 fee if under $5000. They don't accept foreign addresses, as far as I know, so make sure to set up the account before aliyah and then use a family member's address on the account once you make aliyah. Note that the account you wire to in Israel must have the same exact name on the account as the Vanguard account, otherwise you need a "signature guarantee" from a US bank. Vanguard has free international wire transfers over $5000 and a $10 fee if under $5000. They don’t accept foreign addresses, as far as I know, so make sure to set up the account before aliyah and then use a family member’s address on the account once you make aliyah. Note that the account you wire to in Israel must have the same exact name on the account as the Vanguard account, otherwise you need a “signature guarantee” from a US bank.

]]> By: Yaakov http://aliyahblog.com/2008/05/06/receiving-a-us-based-salary-in-israel-part-ii-salaried-employee/comment-page-1/#comment-43695 Yaakov Wed, 07 May 2008 06:22:30 +0000 http://www.aliyahblog.com/?p=367#comment-43695 Karen - I am using a bank in the US that my family has had a long relationship with, so they have been waiving the transfer fees as a courtesy. From what I have heard, somewhere between $25-$50 is standard for international transfers. I am also using a mailing address in the US to receive correspondence, so I don't know about what banks would honor international addresses. I think that the best move is to start a relationship with one or two people in the bank before you make aliyah. If you are just an anonymous account calling from far away, it can sometimes be frustrating to get things done. However, if the person knows you, they are more likely to help you out when you need it. Karen – I am using a bank in the US that my family has had a long relationship with, so they have been waiving the transfer fees as a courtesy. From what I have heard, somewhere between $25-$50 is standard for international transfers. I am also using a mailing address in the US to receive correspondence, so I don’t know about what banks would honor international addresses. I think that the best move is to start a relationship with one or two people in the bank before you make aliyah. If you are just an anonymous account calling from far away, it can sometimes be frustrating to get things done. However, if the person knows you, they are more likely to help you out when you need it.

]]> By: Karen Kriegel http://aliyahblog.com/2008/05/06/receiving-a-us-based-salary-in-israel-part-ii-salaried-employee/comment-page-1/#comment-43661 Karen Kriegel Tue, 06 May 2008 19:38:26 +0000 http://www.aliyahblog.com/?p=367#comment-43661 My husband and I will be making Aliyah next year and will be receiving payments from the US which must be electronically deposited in a US bank account. I wondered if you have any suggestions of banks which will honor an Israeli permanent address and will have the lowest fees for transfers and rate exchange. Thanks, Karen My husband and I will be making Aliyah next year and will be receiving payments from the US which must be electronically deposited in a US bank account.

I wondered if you have any suggestions of banks which will honor an Israeli permanent address and will have the lowest fees for transfers and rate exchange.

Thanks,
Karen

]]> By: Aliyah Blog » Receiving a US-based Salary in Israel the Right Way http://aliyahblog.com/2008/05/06/receiving-a-us-based-salary-in-israel-part-ii-salaried-employee/comment-page-1/#comment-43657 Aliyah Blog » Receiving a US-based Salary in Israel the Right Way Tue, 06 May 2008 18:04:54 +0000 http://www.aliyahblog.com/?p=367#comment-43657 [...] Update on my situation: Receiving a US-based Salary in Israel, Part II: Salaried Employee [...] [...] Update on my situation: Receiving a US-based Salary in Israel, Part II: Salaried Employee [...]

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