Services - Standing Orders

Key Benefits

  • The market is monitored on your behalf for your desired exchange rate and your order is automatically processed if the market reaches your desired rate.
  • There is no obligation to make a purchase if the market does not reach your desired rate.
  • Complimentary service to Forex Israel clients.

Get the rate you want without having to keep a constant eye on the market

With a Standing Order, Forex Israel monitors the market for you and if the market reaches your desired rate, your order is automatically processed. This enables you to capitalise on favourable exchange rates when you are unable to personally monitor the market and initiate a transaction. Forex Israel representatives can assist you in determining a rate that is appropriate for existing market conditions.

Standing Orders can monitor the market 24 hours a day for up to two weeks, after which the Standing Order can be renewed if the market has not reached the specified rate. You can also cancel the Standing Order if it has not already been executed should your currency needs change.

This service is provided free of charge to all Forex Israel clients.

Please contact us to find out more about how to use standing orders!