Mo makes it easy to send digital dollars (USDC) and withdraw to Israeli New Shekel (ILS) with no hidden fees and near-instant settlement. Support family, cover expenses, or choose to keep funds in USDC to earn yield and access anytime.
Transparent Pricing, No FX Markup
Unlike banks or remittance services that add hidden markups, Mo gives you full transparency. What you see is what you send - no surprises, no hidden spreads.
Near-Instant ILS Transfers
Send USDC from Mo to Israeli New Shekel (ILS) through local payment methods such as ZAHAV, instead of SWIFT. Transfers complete in minutes, with funds deposited directly into bank accounts in Israel - making remittances cheaper and faster than ever.
Keep It in Digital Dollars (USDC)
Not ready to cash out right away? Your recipient can also keep funds in USDC:
- Earn Yield: Put USDC to work in curated vaults with real-time rewards.
- Stay Flexible: Convert to Israeli New Shekel (ILS) whenever needed.
- Spend Globally: Use USDC to pay anywhere Visa is accepted.
Why Use Mo for Sending to ILS?
- Fair & Transparent: No hidden FX markups.
- Fast: Local transfers settle in minutes.
- Flexible: Keep money in USDC or convert to Israeli New Shekel (ILS).
- Secure: Smart wallet with passkey login - your money, your control.
FAQs about Sending to ILS
How do I withdraw USDC to ILS? Deposit USDC into Mo from an exchange, crypto wallet, or by converting from supported local currencies. Then send USDC directly to your linked Israel bank account. You can also transfer USDC to friends or family using just their mobile number via Mo. They can choose to cash out in their local currency or hold USDC.
Are there any hidden fees? No. Mo charges a clear, transparent fee with no FX markup - and it’s always free to send USDC between Mo users. See full details on Mo’s pricing here.
Can the recipient keep money in USDC instead of converting? Yes. Recipients can choose to hold USDC to earn yield with Mo Earn, trade for ETH or cbBTC with Mo Trade, or spend worldwide via Mo Spend.
How long does a USDC → ILS transfer take? Most transfers complete within minutes, and never longer than 2 business days depending on the local payment rails.
