In October 2024, the number of electronic wire transfers between customers over Israel’s ZAHAV payment system was nearly 209,000. This reflected a 9.2 percent decrease in the number of transactions from the previous month. Over the observed period, the volume of digital wires trended upwards.
Monthly number of wire transfer transactions between clients over ZAHAV payment system in Israel from October 2022 to October 2024
(in 1,000s)
The ZAHAV system is Israel’s real-time gross settlement (RTGS) system, managed by the Bank of Israel. It enables individuals, businesses, and financial institutions to make immediate, final, and secure money transfers, with each transaction settled instantly to reduce risk. The system is known for its stability and high availability.
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Bank of Israel. (November 7, 2024). Monthly number of wire transfer transactions between clients over ZAHAV payment system in Israel from October 2022 to October 2024 (in 1,000s) [Graph]. In Statista. Retrieved December 04, 2024, from https://www.statista.com/statistics/1537227/israel-monthly-wire-transfer-volume-zahav-system/
Bank of Israel. "Monthly number of wire transfer transactions between clients over ZAHAV payment system in Israel from October 2022 to October 2024 (in 1,000s)." Chart. November 7, 2024. Statista. Accessed December 04, 2024. https://www.statista.com/statistics/1537227/israel-monthly-wire-transfer-volume-zahav-system/
Bank of Israel. (2024). Monthly number of wire transfer transactions between clients over ZAHAV payment system in Israel from October 2022 to October 2024 (in 1,000s). Statista. Statista Inc.. Accessed: December 04, 2024. https://www.statista.com/statistics/1537227/israel-monthly-wire-transfer-volume-zahav-system/
Bank of Israel. "Monthly Number of Wire Transfer Transactions between Clients over Zahav Payment System in Israel from October 2022 to October 2024 (in 1,000s)." Statista, Statista Inc., 7 Nov 2024, https://www.statista.com/statistics/1537227/israel-monthly-wire-transfer-volume-zahav-system/
Bank of Israel, Monthly number of wire transfer transactions between clients over ZAHAV payment system in Israel from October 2022 to October 2024 (in 1,000s) Statista, https://www.statista.com/statistics/1537227/israel-monthly-wire-transfer-volume-zahav-system/ (last visited December 04, 2024)
Monthly number of wire transfer transactions between clients over ZAHAV payment system in Israel from October 2022 to October 2024 (in 1,000s) [Graph], Bank of Israel, November 7, 2024. [Online]. Available: https://www.statista.com/statistics/1537227/israel-monthly-wire-transfer-volume-zahav-system/
