Text Transfer is an innovative digital service that allows you to transfer money from your Leumi account; either you or a beneficiary can withdraw funds from a Leumi ATM machine. Alternatively, the amount transferred can be directly deposited into an Israeli bank account of the beneficiary’s choosing, without using any credit cards or ATM machines, and without the need to set up a meeting at the bank or receive special authorizations.
Text Text Transfer digital service is available to all Leumi customers (except for business customers. The service is also not available in English or outside of Israel).
How do you transfer money to a beneficiary?
Sign into your account onto the “Direct Browsing” site, or browse the ileumi app. on your iphone or, alternatively, go to one of the Leumi Digital Self Service Kiosks. After identification, click on “Text Transfer” in the menu bar. Enter the beneficiary’s details and the transfer amount. Your transaction will be approved. You can transfer up to 2,000 shekels per day, in up to two transfers per day.
The transaction (transfer of money you want to withdraw, or the transfer of funds to a beneficiary) is valid for up to 24 hours.
How does the beneficiary receive funds?
Transfer of Money to an Account
The beneficiary receives a text message to his cell phone with a one-time code for withdrawing cash at an ATM machine.
The beneficiary receives a text message to his cell phone with a one-time code for withdrawing cash at an ATM.
Go to a Leumi Digital ATM and choose the Text Transfer option.