Sending country · World Bank RPW · IL

Send money from Israel

Outbound average cost sits in the upper fleet tercile at 13.1% across 1 destination corridors - senders pay more than typical RPW-tracked markets.

13.1%
Avg outbound cost
8.9%
Cheapest · to Morocco
$1.6B
Sent per year
1
Destination corridor

Outbound-cost tercile vs fleet

Israel posts a 13.1% average outbound cost, above the fleet upper tercile (~7.7%) - across 1 destination corridor. Cheapest tracked floor: 8.9% to Morocco.

#24 of 34
WDI outflow corpus rank
13.1%
average outbound cost
8.9%
cheapest destination: Morocco
$1.6B
sent annually

Israel among sending countries: volume vs. cost

Israel sits at the 32nd percentile for outbound volume among 34 tracked sending countries - the 30 largest senders plotted below by annual outflow and average cost, Israel highlighted.

Israel among the 30 largest sending countries by volume and average cost. 2×2 strategic matrix plotting 30 entities by Annual outflow ($B) (X) and Avg outbound cost (%) (Y), with a crosshair dividing the plot into four quadrants. Big & efficientSmall & cheapBig & still priceySmall & pricey $0B$50B$100B$150B 0%5%10%15%20% Annual outflow ($B) Avg outbound cost (%)
Israel among the 30 largest sending countries by volume and average cost.

Sending countries by volume and cost: United States, $107.1B annual outflow, 5.53% average cost. Saudi Arabia, $58.69B annual outflow, 6.09% average cost. Switzerland, $42.68B annual outflow, 6.94% average cost. Germany, $26.67B annual outflow, 4.96% average cost. France, $20.8B annual outflow, 7.31% average cost. Kuwait, $16.74B annual outflow, 3.54% average cost. Australia, $15.86B annual outflow, 7.38% average cost. Canada, $15.11B annual outflow, 5.77% average cost. South Korea, $14.31B annual outflow, 5.49% average cost. Italy, $13.91B annual outflow, 8.04% average cost. United Kingdom, $13.17B annual outflow, 5.08% average cost. India, $12.08B annual outflow, 6.32% average cost. Qatar, $12.06B annual outflow, 6.02% average cost. Belgium, $11.22B annual outflow, 3.13% average cost. Austria, $10.81B annual outflow, 4.57% average cost. Thailand, $9.98B annual outflow, 11.87% average cost. Russia, $8.86B annual outflow, 3.03% average cost. Japan, $7.17B annual outflow, 10.69% average cost. Norway, $6.29B annual outflow, 3.66% average cost. Czech Republic, $5.96B annual outflow, 6.27% average cost. Poland, $5.6B annual outflow, 3.73% average cost. Sweden, $4.2B annual outflow, 6.65% average cost. Brazil, $1.86B annual outflow, 12.62% average cost. Israel (this country), $1.62B annual outflow, 13.13% average cost. Ghana, $1.31B annual outflow, 13.29% average cost. Dominican Republic, $1.17B annual outflow, 7.68% average cost. New Zealand, $1.14B annual outflow, 8.39% average cost. South Africa, $1.13B annual outflow, 16.9% average cost. Spain, $0.79B annual outflow, 5.65% average cost. Chile, $0.69B annual outflow, 4.93% average cost.

All Corridors from Israel

#ToAvg costCheapestCheapest provider
1Morocco13.1%8.9%MoneyGram

High outbound cost from Israel

World Bank RPW tracks 1 outbound corridors from Israel at an average 13.13% - above the fleet upper tercile (~7.7%). Senders here pay more than typical RPW markets, 6.7 pp above the ~6.4% global average.

The three cheapest outbound corridors from Israel right now are Morocco at 8.93% via MoneyGram. These are floor prices on a $200 transfer from Israel, fee plus FX margin.

On a high-cost send market, comparing the cheapest provider on the specific corridor matters more than picking a household brand - within-corridor price dispersion often exceeds the gap between the cheapest and dearest destinations.

About Israel outbound data

PlainRemit compares international money-transfer costs across tracked corridors so you can see which routes and providers charge the least before you send money abroad. This country's figures are computed directly from the World Bank Remittance Prices Worldwide (RPW) quarterly survey, a mystery-shopping panel of actual transfer quotes for a standardized $200 transfer. The UN Sustainable Development Goal 10.c target is to reduce remittance transaction costs to below 3% by 2030; always verify current rates directly with providers before sending money, rates change frequently.

Average outbound cost 13.13%; 1 destination corridor tracked from Israel; vintage 2026-08-10.

Frequently Asked Questions

How much money does Israel send in remittances each year?

Israel sends about $1.6B a year - lower outflow tercile - to 1 RPW destination countries at 13.13% average outbound cost.

What are the cheapest countries to send money to from Israel?

On World Bank RPW $200 sends, the cheapest outbound floors from Israel are to Morocco, as low as 8.93%. Country average outbound cost is 13.13% (upper fleet tercile).

How have remittance costs from Israel changed over time?

Israel's current average outbound cost is 13.13%, above the fleet upper tercile (~7.7%) and 6.7 pp above the ~6.4% global RPW average. RPW has tracked this send market since 2011; UN SDG 10.c still targets ≤3% by 2030.

How do I compare money transfer services?

To compare money transfer services from Israel, look at three factors: (1) total cost as a percentage of your transfer amount, including both the service fee and exchange rate margin, (2) delivery speed, and (3) payment and payout methods available in your destination country. World Bank RPW data, used here, standardizes costs as a percentage of a $200 transfer. Always verify current rates directly with providers before sending.

Where does Israel sit among remittance-sending countries?

According to World Bank WDI remittance outflows among 34 tracked sending countries on PlainRemit, Israel ranks #24 of 34 by annual dollars sent. /send-from browses alphabetically; this outflow ordinal is the analytical placement basis.

Source: World Bank, Remittance Prices Worldwide (RPW) Database (2011-2025). See our methodology for details.

Disclaimer: PlainRemit is for general informational purposes only, not financial, tax, or investment advice. PlainRemit is independent and not affiliated with or endorsed by the World Bank.