ILS

A Israeli shekel account for your business

Your own ILS account details, so customers and partners pay you like a local. Hold ILS alongside 29 other currencies and USDC and USDT, and convert between them.

Open a ILS account All 30 currencies →

Updated October 2026

QUICK ANSWER

Yes. ElementPay issues dedicated ILS accounts to verified businesses, one account per currency. You can receive, hold and convert Israeli shekels, and use the balance to fund payouts in 20 African countries.

CurrencyILS · Israeli shekel

Account numberDedicated

Bank detailsLocal bank code

RailsLocal ILS transfers

Converts to29 currencies, USDC, USDT

What you can do with ILS.

Receive

Share your ILS account details on invoices. Payments arrive in your ElementPay balance.

Hold

Keep ILS on the same balance sheet as your other currencies and stablecoins.

Convert

Exchange ILS to any of 29 currencies or USDC and USDT at a quote locked before you confirm.

Pay out

Fund payouts to mobile money and banks in 20 African countries.

About ILS accounts.

Can a business outside Israel open a ILS account with ElementPay?

Yes, subject to business verification. ElementPay issues ILS accounts, one per currency, to verified businesses so they can receive and pay in Israeli shekels.

What can I do with a ILS account?

Receive ILS from customers and partners with your own account details, hold the balance, convert to any of 29 other currencies or to USDC and USDT, and pay out to mobile money and banks in 20 African countries.