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STUDENT GUIDE - Rothberg International School

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Banks<br />

Jerusalem is overflowing with banks, all of which will cash foreign currency and traveler’s checks for a fee. State<br />

of Israel Bonds may be cashed into Israeli currency at the Bank of Israel and main bank branches. Students are<br />

advised to open both dollar and shekel accounts in a Jerusalem bank. Students should arrange to have money sent<br />

from abroad by bank transfer or by Western Union money transfer to a postal bank. Postal banks do not charge<br />

commission to cash traveler’s checks or to exchange foreign currency. Never send cash, personal checks or endorsed<br />

checks through the mail!!!<br />

Upon opening an account in Israeli currency (shekel), students should apply for a magnetic bank card that will<br />

allow them to withdraw money from an automatic teller machine (ATM). A combination credit/ATM card is also<br />

available. There are ATMs in the Forum on Mount Scopus, near the Bloomfield Library and the entrance to Bank<br />

Discount, and on Givat Ram, outside the main entrance gate to the Edmond J. Safra campus and next to ISSTA.<br />

These ATMs accept a wide variety of local and international cards. ATMs that give instructions in English to holders<br />

of cards issued abroad are found throughout the city.<br />

Banks on Mount Scopus Campus<br />

Discount Campus, Mount Scopus, middle level of the Forum<br />

Hours: Sunday-Thursday 8:15 a.m.–4:00 p.m.<br />

Postal Bank, Mount Scopus, middle level of the Forum, Tel. 02-5817346<br />

Hours: Sunday-Thursday 8:00 a.m.-3:00 p.m.<br />

Major City Banks<br />

Bank Address Telephone<br />

Bank Discount (main branch) 11 Ben Yehuda 02-6754444<br />

Bank Discount (Ramat Eshkol) 9 Paran St. 02-5320555<br />

Bank Hapoalim (main branch) 1 Zion Square *2407<br />

Bank Hapoalim (Ramat Eshkol) 13 Paran St. *2407<br />

Bank Hapoalim (French Hill) 21 Hahagana St. *2407<br />

Bank Leumi (main branch) 21 Jaffa Road 02-6291611<br />

Bank Leumi (Ramat Eshkol) 15 Paran St. 02-5320311<br />

First <strong>International</strong> Bank 10 Hillel St. 02-6756888<br />

United Mizrachi Bank 12 Ben Yehuda *5080<br />

Note: Banking hours differ from branch to branch. For exact hours, contact the appropriate bank branch.<br />

Licensed Money Changers<br />

The Bank of Israel licenses money changers that can be found in numerous locations throughout downtown Jerusalem<br />

and in most shopping malls. Commission is not charged in exchanging currencies, and rates are often better<br />

than those available in Israeli banks.<br />

46 <strong>Rothberg</strong> <strong>International</strong> <strong>School</strong>

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