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Bank Payouts / Payout formatting / Israel

Israel

Last updated: 14th July 2022

Basic information

    Country code

    IL

    Supported currency

    ILS

    Scheme

    International:

    • Minimum amount (local currency): 0.01
    • Maximum amount (local currency): 999,999
    • Cut-off time: 06:30 GMT
    • Settlement: T+0 same day

    Payment information

    Beneficiary information

    Beneficiary type

    The type of account holder. Set this to individual.

    account_holder.type

    optional
    enum

    Beneficiary name

    The account holder's first and last name.

    account_holder.first_name

    required
    string

    account_holder.last_name

    required
    string

    Beneficiary address

    The account holder's address.

    account_holder.billing_address.address_line1

    required
    string

    account_holder.billing_address.address_line2

    optional
    string

    account_holder.billing_address.city

    required
    string

    account_holder.billing_address.zip

    optional
    string

    account_holder.billing_address.country

    required
    enum, 2 characters
    This must be a two-letter ISO code.

    Bank details

    You can use either account_number, bank_code and branch_code, OR iban and swift_bic.

    Account number

    The account holder's account number.

    account_number

    required
    string, 13 digits

    Bank code

    The code of the account holder's bank.

    bank_code

    required
    string, 3 characters

    Branch code

    The branch code of the account holder's bank.

    branch_code

    required
    string, 3 digits

    IBAN

    The account holder's IBAN.

    iban

    optional
    string, ^[a-z0-9]23$

    SWIFT BIC

    The account holder's SWIFT BIC.

    swift_bic

    optional
    string, ^[a-z]6[a-z0-9]2([a-z0-9]3)?$

    Example

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      {
        "type": "bank_account",
        "account_number": "12345678",
        "bank_code": "050389",
        "branch_code": "131",
        "currency": "ILS",
        "country": "IL",
        "account_holder": {
          "first_name": "John",
          "last_name": "Smith",
          "address_line1": "91  Horseshoe Lane",
          "address_city": "JERUSALEM",
          "state": "Arkansas",
          "country_code": "IL",
          "billing_address": {
            "address_line1": "91  Horseshoe Lane",
            "country": "IL",
            "city": "JERUSALEM",
            "zip": "72080"
          }
        },
        "customer": {
          "email": "example@checkout.com",
          "name": "CKO Test IL/ILS"
        }
      }