Israeli banks and financial institutions often ask for a clear “source of funds” explanation before approving incoming transfers. This is one of the most common points of friction for new olim, foreign buyers, and anyone moving money internationally.
This tool helps you generate a clear, bank-ready source of funds note based on the information banks actually care about. You enter the transfer amount, where the money is coming from, how it was earned or saved, and the purpose of the account. The output is structured, professional, and easy for a compliance officer to review.
The goal is not legal advice or loopholes. The goal is clarity. A good source of funds letter reduces back-and-forth, avoids unnecessary delays, and helps your transfer move forward smoothly.
Use this generator as a starting point to explain your situation accurately and consistently, especially if you are dealing with Israeli banks, currency transfers, or large inbound payments.