Episode Details
Back to Episodes
Beating Israel's Banking Oligopoly: Real Options
Episode 4348
Published 4 weeks ago
Description
Daniel's fed up with Israel's banking oligopoly — five banks controlling 95% of assets, call centers that close at 4 PM, and hidden fees that eat 5% per international transaction. This episode maps every real option for Israeli residents who want better: the US business entity route with Mercury and Relay, specialist FX brokers like Instarem, and the digital bank One Zero. We break down the costs, the regulatory barriers that blocked Wise, Revolut, and N26, and the break-even math on whether going offshore actually pays off. No hype, no sketchy workarounds — just the real trade-offs.