Transferring and Converting Foreign Currency: What Should I Know?
People who make aliya often need to transfer foreign currencies to Israel, while also converting that money into shekels. Given the shekel's continued strength, what do you need to think about before converting money? Should you follow the rates before converting money, or is that a fool's game? What's the best way to convert foreign currencies into shekels, and what are the various risks and rewards? Join Baruch Labinsky and Scott Kahn for a discussion that all olim and prospective olim need to consider when planning their financial present and future.