How can I get paid from abroad in Gaza City?

A global payment account gives you account details in currencies such as USD, EUR or GBP, so clients and marketplaces can pay you locally in their country. You then convert to ILS and withdraw.

What does it cost to convert to ILS?

Costs are the conversion margin plus any withdrawal fee to your local bank in Palestine. Compare both, as they vary a lot between providers.

Who regulates international bank accounts & e-wallets in Gaza City?

Providers serving customers in Palestine fall under Palestine Monetary Authority (PMA). Banks operating in the West Bank and Gaza are licensed and supervised by the Palestine Monetary Authority under the Banking Law. Palestine has no currency of its own, and the PMA functions as a monetary authority rather than a full central bank issuing money. Verify a provider's licence on the PMA's published lists before holding funds with it.

Who uses global payment accounts in Gaza City?

Freelancers, remote workers, online sellers and small exporters in Gaza City use them to receive foreign income without opening bank accounts abroad.

Gaza City Digital Bank · International Bank Accounts & e-Wallets · Palestine

Best International Bank Accounts & e-Wallets in Gaza City

Compare international bank accounts & e-wallets providers available to Gaza City, Palestine residents — with clear fees, features, and eligibility in one place.

Eligibility, pricing, and availability vary by provider, residency, and regulation in Palestine. Confirm the terms directly with each provider before opening an account.

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Check the regulator and any provider directly to confirm availability in Palestine before opening an account.

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Local guide

International Bank Accounts & e-Wallets in Gaza City: what to know

Global payment accounts help people in Gaza City, Palestine get paid by clients, marketplaces and platforms in other countries, then convert the money into ILS (Israeli new shekel is the currency most used for day-to-day transactions, alongside the US dollar and Jordanian dinar; Palestine issues no banknotes of its own). They are popular with freelancers, online sellers and remote workers in Gaza City.

Currency in Palestine: ILS · Israeli new shekel is the currency most used for day-to-day transactions, alongside the US dollar and Jordanian dinar; Palestine issues no banknotes of its own
Regulator in Palestine: Palestine Monetary Authority (PMA)(opens in a new tab)
Local accounts in Palestine: Palestine has no IBAN of its own: Palestinian banks issue their own account numbers, and because settlement with Israeli banks sits behind the shekel leg, most cross-border payments route through those correspondents using SWIFT/BIC plus the beneficiary account.
Payments in Palestine: The PMA operates the domestic real-time gross settlement and clearing systems for interbank payments across the main currencies in use, with the shekel leg depending on correspondent arrangements between Palestinian banks and Israeli banks. Card payments ride domestic switching and Visa/Mastercard rails, and there is no single national instant-payment scheme that visitors can assume; because Palestine has no currency of its own and no sovereign lender of last resort, transfer capacity and pricing depend heavily on which currency leg a payment uses.

Before you sign up in Gaza City

Check which currencies you can receive, the conversion fee to ILS (Israeli new shekel is the currency most used for day-to-day transactions, alongside the US dollar and Jordanian dinar; Palestine issues no banknotes of its own), and the withdrawal fee to a local account in Palestine.

Sources: Palestine Monetary Authority · PMA: banking supervision · IBAN registry: Palestine (no IBAN entry)

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Common questions about international bank accounts & e-wallets in Gaza City

Disclosure: Digital Bank Networks is not a bank. We are an independent comparison platform. Some of the providers on this page are our affiliate partners, and we may receive compensation when you open an account through our links. This does not affect our ratings or rankings, which are based on independent analysis. All information is provided for educational purposes only. Please review each provider's terms and conditions before opening an account.