How to send money to Palestine in 2026: dollars, dinars or shekels in 1-3 business days
Palestine has no currency of its own, so money arrives in dollars, Jordanian dinars or shekels to an account with a 29-character international number that the bank issues free of charge. The country has 12 banks with 384 branches, and since July 2024 an instant payment system has linked accounts and e-wallets around the clock.
In short
- Three currencies are in use: the dollar, the Jordanian dinar and the shekel.
- The account number has 29 characters, and the bank issues it free of charge.
- 12 banks work with 384 branches and offices.
- Instant payments around the clock since July 2024.
In detail
Routes for sending money to Palestine: what works on 9 October 2026
On 9 October 2026 money reaches Palestine by bank transfer to a dollar, Jordanian dinar or shekel account in 1-3 business days, and through money transfer services. Palestine has no currency of its own; three are in use. That day a dollar is worth 3.07 shekels and 0.71 dinars, so $1,000 gives the recipient 3,068 shekels or 709 dinars.
Transfer routes for October 2026:
| Route | Now | Credited in | Time | What you need |
|---|---|---|---|---|
| Bank transfer to a dollar account | works | US dollars | 1-3 business days | a 29-character account number, the recipient's name |
| Transfer to a dinar or shekel account | works | Jordanian dinars or shekels | 1-3 business days | an account in the right currency |
| Money transfer service | works | dollars, dinars or shekels | from a few minutes | the recipient's ID |
| Onward transfer within the country to an account or wallet | works around the clock since July 2024 | the account currency | seconds | an account or wallet number |
Is the sending bank asking questions about a payment to Ramallah? There are usually more options than it seems: tell a manager who you are sending money to and why, and they will choose a route for your sum.
An account number in Palestine: 29 characters with the bank code
29 characters is the length of an international account number in Palestine. It starts with the country code and two check digits, followed by a 4-letter bank code and 21 characters for the account itself. The Palestine Monetary Authority requires banks to issue this number to every customer free of charge, so the recipient gets it at their branch or in the bank's app. The 4-letter bank code repeats the start of the bank's international code, so the number shows at once which bank holds the account.
The number is copied into the payment order in full and without spaces: one mistake in the check digits and the bank will return the transfer. Find out the account currency in advance, since the bank will convert a dollar transfer to a shekel account at its own rate.
So that the money reaches the right account the first time, we will suggest the best way to send it to Palestine. More about the city is on the Ramallah page.
We will help you send money to Palestine
Mistakes cost more than fees: a dollar transfer to a shekel account with an unnecessary conversion, a typo in the check digits of the account number that sends the money back, paying for a house without the contract in the payment purpose. We will help you avoid them: we will choose the route and timing, prepare the source-of-funds documents for the bank and carry out the transfer through to crediting.
Details and terms are with a manager in the chat: the cost depends on the sum and the purpose of the transfer.
Banks in Palestine: 12 banks and 384 branches
12 banks work in Palestine under the supervision of the monetary authority: 5 Palestinian, 6 Jordanian and 1 Egyptian. According to the US Department of State for 2025, they have 384 branches and offices and assets of $24.5 billion. The monetary authority itself does the work of a central bank: it licenses banks and e-payment companies, runs the country's payment systems and oversees transfers.
Banks keep accounts in dollars, dinars and shekels, so the recipient chooses the currency in which to receive the transfer. Besides banks, the monetary authority licenses e-payment companies, whose wallets are topped up by wallet number.
Instant payments in Palestine: around the clock since July 2024
Since July 2024 the Palestine Monetary Authority has run an instant payment system. It linked banks and e-wallets: money goes to an account by its number or to a wallet by the wallet number, around the clock and without days off, and the recipient does not need to be added to a list in advance.
A relative in Ramallah who receives a transfer from abroad can send part of the sum on to family in Nablus, Hebron or Bethlehem in seconds, even at night and on holidays.
If the money is needed by several relatives at once, a manager will choose a route on which each of them receives their share without going to the bank.
Papers for a transfer to Palestine: from family support to buying a house
- Up to $10,000. The recipient's name, the 29-character account number and the purpose: family support, studies, medical care.
- $10,000-100,000. The sender's account statement and a contract: renovating or building a house, rent, payment for goods.
- From $100,000. The source of the money, the deal contract and the documents of the company or seller. For such a sum a specialist will prepare the documents with you.
Which papers show the source of money is covered in proof of source of funds, and large payments in sending large sums abroad. For moving with all your savings there is the capital relocation page.
Sending money to neighbouring countries
- How to send money to Jordan: the neighbour across the Jordan river, six of whose banks work in Palestine
- How to send money to Israel: the home of the shekel
- How to send money to Egypt: the southern neighbour, one of Palestine's banks is Egyptian
- How to send money to Lebanon: the north of the eastern Mediterranean
- How to send money to the UAE: the region's financial centre
- How to send money to Syria: the new pound and bank transfers
For moving with your capital, see the capital relocation page.
FAQ
Does Palestine have its own currency?
Do banks in Palestine issue an international account number free of charge?
Banks from which countries work in Palestine?
Do instant payments in Palestine work at weekends?
We will suggest the best way to send your money
We will choose a transfer method for your amount and country, prepare the documents on the origin of the money for the bank, make the transfer through licensed partners and follow it until the money is credited. Ask your question in the chat - the manager will suggest the best terms and the cost. The legal side with banks and government bodies is handled by Murblz specialists and locally licensed partners.
Details and cost are with the manager in the chat. Describe your situation and we will reply right away.
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