Israel - Exchange of Information on Bank Accounts

Israeli banks will exchange information on accounts held by foreign residents from EU countries, according to officials in the Ministry of finance. This new policy follows the practice already implemented by the Israeli banks regarding accounts held by US persons. The information that will be exchanged includes balances, deposits and income received on Israeli bank accounts.

For more details, see: Israel will Exchange Information on Bank Accounts

See also:

Israel and U.S. Sign FATCA Agreement

Israeli Banks and Foreign Residents

Dr. Avi Nov, Adv.