Live Update 
From the Liveblog of
Tuesday, September 1, 2026
From the Liveblog of
Tuesday, September 1, 2026
Hapoalim joins Discount in putting off cessation of correspondent banking services to Palestinian banks
Add ToI as a Preferred Source on GoogleJacob Magid is The Times of Israel's US bureau chief
A woman takes out money from a Bank Hapoalim ATM in Tel Aviv on March 25, 2025. (Miriam Alster/FLASH90)
Bank Hapoalim has joined Bank Discount in pushing off its plan to cease providing correspondent banking services to Palestinian financial institutions until the end of 2026, an Israeli official tells The Times of Israel.
Bank Hapoalim had informed Palestinian banks in July that it planned to halt providing the service tethering the West Bank to the global economy on October 1.
Yesterday, a similar decision was made by Discount, one day before its deadline was set to kick in.
If you’d like to comment, join
The Times of Israel Community.
The Times of Israel Community.
JOIN THE TOI COMMUNITY
Already a member? Log in here