Israel Discount Bank said eligible customers will be able to buy, hold, and sell $BTC and $ETH through its mobile banking app starting November 26, 2026.
The bank announced the service on November 11, 2026, calling it a first for Israel's banking system. Customers will not need a separate wallet or an external exchange account: crypto will sit in the same investment portfolio as stocks and bonds, and sale proceeds will be credited to the bank account. Coins will be held in bank-managed wallets built on Fireblocks infrastructure. The offer is limited to private customers aged 18 and older with securities-enabled accounts, subject to the bank's terms.
The bank's website lists a 2% trading commission and a six-month custody-fee waiver from the November 26 launch, then 0.25% per quarter. Crypto gains and losses can be offset against other investments in the same portfolio, with tax withheld at source.
#Bitcoin #Ethereum #Banking
DYOR. Not financial advice.
The bank announced the service on November 11, 2026, calling it a first for Israel's banking system. Customers will not need a separate wallet or an external exchange account: crypto will sit in the same investment portfolio as stocks and bonds, and sale proceeds will be credited to the bank account. Coins will be held in bank-managed wallets built on Fireblocks infrastructure. The offer is limited to private customers aged 18 and older with securities-enabled accounts, subject to the bank's terms.
The bank's website lists a 2% trading commission and a six-month custody-fee waiver from the November 26 launch, then 0.25% per quarter. Crypto gains and losses can be offset against other investments in the same portfolio, with tax withheld at source.
#Bitcoin #Ethereum #Banking
DYOR. Not financial advice.
