Paying tuition and rent in shekels

Most of your costs in Israel are in shekels, and the exchange rate moves daily. Planning ahead protects your budget. PAYING TUITION • Some schools bill in shekels, others in dollars. Check which one applies. • Common payment methods: bank transfer, credit card, check, or payment by the school's online portal. • Paying by card may charge a fee or conversion rate. Ask your school if they offer a discount for another method. PAYING RENT • Rent is usually paid monthly by standing order, bank transfer, Bit or PayBox, or post-dated checks. • Many landlords ask for several checks at the start of the lease. TIPS • If you pay tuition in dollars, you avoid exchange swings. If you pay in shekels, you can buy shekels when the rate is good. • Keep receipts for every payment. • Write the apartment address or your name in the reference of each transfer. • Build a cushion of a month or two of rent in your account.