Neema is your digital account. This means you can save your money there until you need it to either send to your family or to use here in Israel.
YES! you can use your money here in Israel:
There are 3 ways to withdraw cash from your Neema account:
1/ You can withdraw cash at our branch offices in Tel Aviv or HAIFA up to 5 times a month and the fee is as follows: Withdrawals can be made at Neema branches in Tel Aviv (Levinsky 108, Central Bus Station) and Haifa (Herzl 11).
Fee: 1% of the withdrawal amount.
Minimum Fee: 15 NIS.
Maximum Fee: 60 NIS (if 1% exceeds 60 NIS, the fee is capped at 60 NIS).
Dollar withdrawals are FREE.
3/ You can apply for a NEEMA card and withdraw the money from any ATM machine in the world for a 0.30% nis fee. This fee is charged monthly for all withdrawals made in the previous month. (does not include local ATM operator fee)
You can even send money to another bank account in Israel (10nis per transfer)!!
Note:
Maximum purchase per day: 8,000 NIS
Maximum ATM withdrawal per day: 4,000 NIS
Maximum branch withdrawal per month: $20,000 (or equivalent in NIS).
Limit: Up to 5 branch withdrawals per month.
Maximum ATM withdrawals: 3 per day.
You will need your Pin code as located inside your app:
72-Hour Waiting Period: After depositing funds via Bit or credit card, branch cash withdrawals are unavailable for 72 hours.
Foreign Currency Conversion Fee: For non-ILS purchases, a 3% foreign currency fee applies. This fee is charged by the card issuer (MAX) within 3 business days of the transaction.
ATM Operator Fees: Some ATMs may charge an additional fee, which is displayed on the ATM screen before confirming the transaction. Bank ATMs in Israel (e.g., Discount Bank or Leumi) typically do not impose extra fees.
Fee Transparency: Always review the ATM screen for any additional fees before confirming a withdrawal.
More questions? Call us 03-5174404 or whatsapp us +972 52-593-1252