BANKING, TRUST ACCOUNTS & TRANSACTION FUNDS
A Clear Funds Path for Israeli Property Matters
Israel-side coordination of banking, client trust accounts, transaction payments and sale proceeds for international property owners and buyers.
Banking Coordination for International Clients
Real estate transactions in Israel often require an organized banking and documentation process before funds can move. Guy can coordinate with the relevant Israeli bank, assist with the documents required for an Israeli account where needed, and remain the client's legal point of contact throughout the process.
Banking activity remains subject to the requirements of the relevant bank and applicable identification, source-of-funds and compliance procedures.
Client Trust Accounts and Transaction Funds
Where appropriate and legally permitted, a client trust account can be used for receiving, holding and transferring funds connected with an Israeli property purchase, sale or lease transaction, in accordance with the agreed transaction documents and the client's instructions.
The process may include coordination of incoming international transfers, contractual payments, taxes, registration expenses and the release or transfer of sale proceeds.
Payments and Ongoing Property Administration
For owners who remain abroad, the service can also include practical payment administration connected to the property, including coordination of municipal charges, management-company payments, contractors and other property-related expenses where agreed.
The objective is not discretionary financial management, but reliable Israel-side legal and administrative coordination around the client's property.
DIRECT CONTACT
Have Interests in Israel?
Whether you are considering a transaction, already own property in Israel or require Israeli legal or notarial representation, the first step is a direct conversation with Guy.