Dossier
Correspondent Banking Services
Coverage of Correspondent Banking Services in the Nexus archive.
- Israeli banks set to sever financial links with Palestinian banks, sparking payment fears
Israeli banks Hapoalim and Discount are set to sever correspondent banking ties with Palestinian banks by August and September 2026, citing public risks and legal concerns. This move could disrupt trade, salary payments, imports, and financial transfers between Israeli and Palestinian entities, worsening cash flow issues in Palestinian banks.