Israeli new shekel (ILS) payouts
Israeli new shekel — local currency of the corridor.
Israeli new shekel (ILS) is a live payout currency on the KeyBS Pay platform. Israeli new shekel — local currency of the corridor.
ILS is the official currency in 2 countries we route into, including Israel, Palestine. Beneficiaries in these markets receive funds directly in ILS, with settlement times reflecting the fastest eligible local rail.
Every ILS payout carries the same operational guarantees: pre-quoted FX, no undisclosed intermediary-bank deductions on eligible local rails, KYB / KYC / sanctions screening, and an HMAC-signed webhook audit trail. Pricing is quote-based and shown in full before approval.
Corridor mechanics at a glance
Every KeyBS Pay payout follows the same operational contract; only the rail changes.
How a ILS payout moves through KeyBS Pay
Every payout follows the same seven-step operational contract regardless of source or destination currency.
Popular ILS searches
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Where ILS is used
KeyBS Pay ILS FX vs alternatives
Frequently asked questions
Can I send payouts in ILS?
Yes. Israeli new shekel (ILS) is a supported payout currency on KeyBS Pay. Israeli new shekel — local currency of the corridor.
Which countries receive ILS?
Israel, Palestine.
What FX rate is used for ILS?
Every FX rate is quoted and disclosed pre-approval. Rates are drawn from live market feeds and locked at approval; there are no undisclosed spreads on eligible local rails.
Are ILS payouts real-time?
Where the beneficiary bank participates in an eligible real-time rail, ILS payouts settle in seconds. Same-day and T+0 to T+2 windows apply for batch or correspondent-bank routes respectively.
What limits apply to ILS payouts?
Limits are corridor- and rail-specific. Actual ceilings are shown pre-approval and depend on your KYB tier and destination compliance policy.
Do I need an account in ILS to send it?
No. You can fund your KeyBS Pay balance in any supported source currency; FX to ILS is handled by the platform.
Is ILS available for stablecoin funding?
You can fund payouts using USDC or USDT on eligible business corridors, with the beneficiary receiving in ILS. Retail stablecoin flows are excluded.
What compliance applies to ILS payouts?
Every payout is screened against sanctions and AML watchlists at file, batch and record level. Higher-value ILS transactions trigger enhanced due diligence.
How is ILS pricing structured?
Pricing is quote-based: FX margin, processing fee and any partner deductions are shown in full before you approve the payout. No pricing surprises after execution.
Is ILS supported via API?
Yes. Set "amount.currency": "ILS" on POST /v1/payouts. Idempotency, webhooks and OpenAPI 3.1 documentation apply.
Can I receive ILS at KeyBS Pay?
Collection accounts and virtual IBANs / VANs are corridor-specific. Contact sales to scope inbound ILS collection eligibility for your business.
Are there weekend cutoffs for ILS?
Real-time rails operate around the clock. Same-day and wire rails follow the local banking window; weekend cutoffs are shown at quote time.
Is ILS a restricted currency?
Availability is subject to jurisdictional sanctions, export controls and destination-country regulations. Restricted routes are automatically screened out at the platform level.
Can I split a payout across multiple currencies?
Each payout carries a single beneficiary currency. Splits and multi-leg orchestration are supported at the API or file-batch level.
Do you provide ILS reconciliation exports?
Yes. Per-currency, per-corridor and per-beneficiary reconciliation reports are available in the dashboard and via API export.
Send Israeli new shekel through KeyBS Pay
ILS pricing is quote-based and disclosed in full before you approve.