Bank Leumi to Cash Bonds in New York for Tourists Going to Israel

American tourists going to Israel can now cash in their State of Israel Bonds at the Bank Leumi le-Israel offices here, and receive their money in Israeli pounds plus a 20 percent premium, the bank announced today. Bank Leumi le-Israel is the National Bank of Israel.

Israeli pound travelers’ check can be bought for amounts up to $1,500, the bank stated. The 20 percent premium means that an American tourist going to Israel receives an additional $200 worth of Israeli pounds under the new arrangement.

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