Does Mizrahi-Tefahot Bank accept US citizens abroad?
Bank headquartered in Israel. Website: https://www.mizrahi-tefahot.co.il
Policy-change alerts for Americans abroad. Monthly, free.
Implied open: Mizrahi-Tefahot's cross-border policy says Israeli banks report US-person account holders to the Israel Tax Authority each year, so it holds such accounts. Conditions: it won't open an account for a customer who refuses to sign a tax-residency declaration and confidentiality waiver, and accounts for foreign residents and foreign tax residents are handled only at specialised branches.
"banks and other financial institutions in Israel are required, inter alia, to provide the Israel Tax Authority (ITA), on an annual basis, information with respect to account owners who are U.S. Persons"
"The Bank will not open an account, nor will it enable any transaction therein, for a customer who objects to signing a declaration regarding tax residency and waiver of confidentiality"
Applies to US residents, not to Americans living in Israel. The bank says it can't provide securities services to customers who live in the US without a US licence.
"the Bank cannot provide securities services to customers who are U.S. residents, without the receipt of an appropriate license from the U.S. authorities"
By country
| Country | Product | Status | Note & source | Last confirmed |
|---|---|---|---|---|
| 🇮🇱 Israel | Accounts | Opens new accounts | Implied open: Mizrahi-Tefahot's cross-border policy says Israeli banks report US-person account holders to the Israel Tax Authority each year, so it holds such accounts. Conditions: it won't open an account for a customer who refuses to sign a tax-residency declaration and confidentiality waiver, and accounts for foreign residents and foreign tax residents are handled only at specialised branches. official Source: Mizrahi-Tefahot: Cross-border risk policy · Also: Mizrahi-Tefahot: Cross-border risk policy (same page) | 2026-10-19 |
| 🇮🇱 Israel | Securities services (US residents) | Restricted | Applies to US residents, not to Americans living in Israel. The bank says it can't provide securities services to customers who live in the US without a US licence. official Source: Mizrahi-Tefahot: Cross-border risk policy | 2026-10-19 |