Transfer of the activity relating to compulsory and external loans (State of Israel Bonds) from Tel Aviv to Jerusalem

19.8.2010
 
Transfer of the activity relating to compulsory and external loans (State of Israel Bonds) from Tel Aviv to Jerusalem
 
On September 1, 2010, the State Loans Department of the Bank of Israel in Tel Aviv is closing. The activity of the Department relating to compulsory loans and external loans (State of Israel Bonds) repayable in Israel is transferring to the Comptroller's Office in the Bank of Israel, Jerusalem.
From September 1, 2010, all enquiries concerning compulsory loans or State of Israel Bonds should be addressed to Box 780, 91007, Jerusalem, or via e-mail to milvot@boi.org.il .
Information about compulsory loans as yet not repaid in the name of individuals can be found on the Bank of Israel's website (in Hebrew).
Repayment of compulsory loans from September 1, 2010 can be obtained from the Bank of Israel, 1, Bank of Israel Street, Jerusalem, between 9:00 and 13:30, Sunday through Thursday.
 
The process of repayment of the above loans:
Ÿ Compulsory loans made by individuals in the years 1961–1982: the website shown above (in Hebrew) has information regarding loans not yet repaid.
Ÿ In case of a compulsory loan as yet not repaid, the named individual, or his or her heirs if the individual has died, can send a request to the above address for instructions on how to receive the repayment. On receipt of the request, the Bank of Israel will send a reply to the address of the enquirer, describing the procedure and possibilities regarding the repayment.
Ÿ Repayment can be obtained at the cash desk in the Bank of Israel. Holders of a letter of entitlement from the Bank of Israel can also obtain repayment in cash in the Postal Bank after paying a handling fee.
Ÿ State of Israel Bonds that are repayable in Israel are repayable only in the commercial banks.