What are the fees for Neema-to-Neema (N2N) money transfers?
Neema-to-Neema (N2N) transfers follow a tiered monthly fee structure. Fees are applied only to the portion of your total monthly transfers that falls within each range. Below is the detailed breakdown:
Fee Structure:
Up to 500 NIS per month: Free
501–1,400 NIS: 0.30% fee on this portion
1,401–2,400 NIS: 0.40% fee on this portion
2,401 NIS and above: 1.20% fee on this portion
Example Calculation:
If you send a total of 1,500 NIS in a month:
The first 500 NIS is free.
The next 900 NIS (501–1,400) is charged 0.30%, resulting in a fee of 2.70 NIS.
The remaining 100 NIS (1,401–1,500) is charged 0.40%, resulting in a fee of 0.40 NIS.
Total Fee: 3.10 NIS.
Monthly Transaction Limit:
The maximum amount you can transfer via N2N in a calendar month is $10,000 USD (or its equivalent in NIS). This limit applies to the cumulative total of all transactions.
Additional Notes:
Fees are calculated progressively, meaning only the portion of the transfer within each tier is charged the corresponding percentage.
All Neema users, including employees, are subject to the same fee structure.
You can view the exact fee for your transfer in the Neema app before confirming the transaction.
For further details or assistance, please refer to the Neema app or contact customer support.
*your monthly limit is visible inside the Neema app and subject to change