Send Money to Bank of Palestine Account of Palestinians From Any Country
Bank of Palestine (BoP; Arabic: بنك فلسطين) is the largest banking institution in Palestine, established in 1960 in Gaza City. It is headquartered in West Bank, Palestine and plays a crucial role in the financial landscape of Palestine.
Majority of Palestinians have Bank of Palestine account to receive local and international payments.
The residents of Gaza Strip are successfully receiving local and international payments in their Bank of Palestine accounts, even after Oct 7, 2023.
How are residents of Gaza withdrawing money during current situation?
A significant percentage of Gazans rely on digital payments because of limited physical cash availability in Gaza. Residents of Gaza withdraw money via:
- A considerable number of cash agents and money-exchanges present in majority areas of Gaza.
- 3+ ATM’S present across Gaza.
- Western Union exchanges (agents) present in some areas of Gaza Strip including Khan Younis, Deir el Balah, Rafah, and North Gaza.
exWALET EXCHANGE
exWALET is an online payment exchange that enables you to transfer money to Bank of Palestine and other international accounts via wide range of payment deposit methods.
Payment Deposit Methods
- Cryptocurrency (e.g USDT, Bitcoin, etc)
- Western Union
- Vodafone
- Payeer
You can send money via any of the above-mentioned payment methods, which will be transferred to your specified Bank of Palestine account.
In this guide, we will use cryptocurrency as the payment deposit method.
You can buy cryptocurrency in any country via hundreds of payment methods including Bank Transfer, Credit / Debit card, digital payment wallets, etc. You can send the purchased cryptocurrency to exWalet which will then be transferred to your specified Bank of Palestine account by exWalet.
How to Buy Cryptocurrency and transfer to anyone?
STEP BY STEP INSTRUCTIONS
➤ Open exWalet website and create an account by providing basic details exwalet.com/en/register.
➤ Open the homepage (exwalet.com) and select the payment method in the ‘You Spend’ option through which you would like to deposit money. I am selecting USDT (TRC20) as the deposit method, which is a cryptocurrency and has the lowest exchange fee on exWalet.
➤ Select ‘Bank of Palestine’ in the ‘You Receive’ option.
➤ Enter Bank of Palestine account number and account holder name. Moreover, also add your email to receive email notifications regarding payments status.
➤ Click ‘Order’ button.
➤ exWalet will display account details where you have to deposit money. In our case, exWalet is showing the USDT (TRC 20) account details as we have selected it as the payment deposit method.
➤ Transfer the money to the cryptocurrency wallet address provided by exWalet and upload the payment or transaction receipt on the ‘Order Page’ that is displayed in front of you.
➤ exWalet will update the status of your payment from ‘Pending’ to ‘Completed’ once the funds are successfully transferred to your specified Bank of Palestine account.
Note: If you want a receipt for your payment, message the WhatsApp support person of ex-Walet. The WhatsApp contact number for ex-Walet is mentioned on their website.
➤ Duration & Limits
- The average time taken by ex-Walet to transfer your deposited money to the Bank of Palestine is 15 to 30 minutes.
- Minimum amount you can transfer via exWalet is $20.
- Maximum amount you can send to Bank of Palestine via exWalet is $10,000 per day.
➤ Exchange fee:
Exchange fee Varies based on the deposit method you have selected. In case of cryptocurrency (USDT) to Bank of Palestine, the fee is 3.5%.
➤ exWalet Support:
WhatsApp and Email Support of ex-Walet is available.
Bank of Palestine Account Number Format
PS66PALS044801579330013000000 (IBAN Number)
Note: exWalet Exchange is not operated by Uplift Palestine, and we have no affiliation with exWalet.