Israeli Bank & Pension Accounts – Managed From Abroad
Closing an old Israeli bank account, transferring funds abroad, or releasing money from a pension, provident or study fund can be hard to do from overseas. A power of attorney lets someone in Israel act for you.
How we help
- Find out in advance what the specific bank or fund requires – some have their own forms or special rules for documents signed abroad
- Prepare a power of attorney limited to the accounts and actions you choose
- Guide you through signing so the institution will accept it
- Follow up with the bank or fund until the request is completed
A word of caution
Banks are careful with powers of attorney, especially from abroad. A general POA may be refused, and an older document may need to be confirmed. Checking with the institution first is the best way to avoid delays.
Common questions
Will the bank accept a POA signed before a local notary?
Often yes, with an apostille – but each bank has its own policy. We check before you sign.
Can I close my account without coming to Israel?
In many cases, yes, using a power of attorney or the bank's own procedure for customers abroad.
What about my pension fund?
Pension and provident funds have their own rules for withdrawals. We'll explain the options and prepare the right document.
Official sources
More answers in our FAQ. Want to understand the whole process first? See how it works.
Please note: this page gives general information about Israeli powers of attorney. It is not legal advice and does not create a lawyer–client relationship. Requirements can change and can differ between institutions, so we always confirm the details for your specific case.
Not sure where to start? We'll handle it for you.
Book a short Zoom consultation. We'll tell you exactly which document you need, how to sign it where you live, and what happens next.