Bank preparation
Source of Funds Letter Generator
Create a clear first-draft note for an Israeli bank, broker, or compliance review.
Family gift details & document rules
For family gifts, Israeli banks generally want a signed gift letter from the donor stating the relationship, the amount, that it is not a loan, and the donor's own source of funds — plus the donor's bank statement. Documents not in Hebrew or English usually need notarized translation; foreign public records may need an apostille.
For planning only — not a loan, tax, or legal offer. Israeli property, mortgage, tax, and bank rules vary by buyer profile and deal structure.
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.
