I told my friend JB earlier how I get access in Gaza to the money from my fundraising campaign.
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I walked around the market trying to use it, but no one would accept it.
I went back home frustrated and angry because that 20-shekel note was basically useless. π
12/15Iβm going to send you pictures of a 20-shekel note so you can see the difference between the old bills we struggle with now and the newer bills. Itβs a small example, but it shows one of the daily difficulties we face here.
13/15 -
Many merchants here only accept bills that are clean, new, and in good condition. Old or damaged bills are often refused. For example, I had a 20-shekel bill, an old one, and I tried to buy something. The seller immediately returned it to me.
11/15I walked around the market trying to use it, but no one would accept it.
I went back home frustrated and angry because that 20-shekel note was basically useless. π
12/15 -
So, to withdraw or spend money, I have to work through these limited channels, and sometimes it only works if the campaign has significant amounts raised, e.g., in the thousands of USD.
14/15I hope this helps explain the situation. If you want more details, Iβm happy to clarify further.
15/15 -
Iβm going to send you pictures of a 20-shekel note so you can see the difference between the old bills we struggle with now and the newer bills. Itβs a small example, but it shows one of the daily difficulties we face here.
13/15So, to withdraw or spend money, I have to work through these limited channels, and sometimes it only works if the campaign has significant amounts raised, e.g., in the thousands of USD.
14/15 -
I hope this helps explain the situation. If you want more details, Iβm happy to clarify further.
15/15If you can afford to donate, please send money to my Chuffed campaign, or directly to my PayPal account.
Without your precious help, Iβm not sure Iβll still be alive in a few days.Love βοΈ
π https://chuffed.org/project/mohshbairgaza
π (22 October: I donβt use PayPal anymore)
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If I want to withdraw cash in Israeli shekels, the exchange rate fluctuates a lot. For example, $100 can equal 336β370 ILS, but due to fees and rates at local offices, you might only get about 210 ILS in cash for every $100, which is equivalent to about $62.
7/15How many of these local bank offices still exist? If people don't have one of them near or if it's too dangerous to get there, how do they turn donations into cash?
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@katzenberger Bank branches are closed but local exchange offices are still being operated. Theyβre 2 different things.
The fees are incredibly high though.
@katzenberger
β πͺπΊ Available with us πͺπΊβ
πͺπΊ Receive money from all EU countries πͺπΊYour transfer is safe with us.
β Instant cash delivery in Gaza and the south π΅πΈ
β π₯Address:
π¦ Gaza - Al-Shifa Street, south of Hamid intersectionContact the transfers department now via the following ππ±
https://wa.me/972568818812
https://wa.me/972597202152π Follow us now through our private groups π
(π©Telegram)
https://t.me/herzallahex(π©Whatsapp) https://chat.whatsapp.com/KcsAOC5Ae7HIZSDsp6B2fH
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How many of these local bank offices still exist? If people don't have one of them near or if it's too dangerous to get there, how do they turn donations into cash?
@katzenberger Bank branches are closed but local exchange offices are still being operated. Theyβre 2 different things.
The fees are incredibly high though.
-
@katzenberger
Herzalla Exchange & Money Transfers
With Herzalla, the prices are fire! π₯π₯π΄ Jordan transfers available
For every 100 Jordanian Dinar, you receive π₯π₯
Shekels β*Blue*βπ₯π₯ Hot prices β‘β‘ β
Delivery: Cash and bank transfers at the best prices
β π₯ Address:
π¦ πGaza β Al-Shifa Street β South of Hamid Intersection
βπ Note: There is a delivery point in the southβ Contact the transfers department now at:
π± +972568818812
π± +972597202152@katzenberger
πΉ Receive your money instantly via PayPal with Herzalla Exchange & Money Transfers
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β‘ Fast and safe money deliveryβ Delivery: Cash at the best prices
β π₯ Address:
π¦ π Gaza β Al-Shifa Street β South of Hamid Intersectionβπ Note: There is a delivery point in the south
β Contact the transfers department now at:
π± +972568818812
π± +972597202152 -
@katzenberger
β πͺπΊ Available with us πͺπΊβ
πͺπΊ Receive money from all EU countries πͺπΊYour transfer is safe with us.
β Instant cash delivery in Gaza and the south π΅πΈ
β π₯Address:
π¦ Gaza - Al-Shifa Street, south of Hamid intersectionContact the transfers department now via the following ππ±
https://wa.me/972568818812
https://wa.me/972597202152π Follow us now through our private groups π
(π©Telegram)
https://t.me/herzallahex(π©Whatsapp) https://chat.whatsapp.com/KcsAOC5Ae7HIZSDsp6B2fH
@katzenberger
Herzalla Exchange & Money Transfers
With Herzalla, the prices are fire! π₯π₯π΄ Jordan transfers available
For every 100 Jordanian Dinar, you receive π₯π₯
Shekels β*Blue*βπ₯π₯ Hot prices β‘β‘ β
Delivery: Cash and bank transfers at the best prices
β π₯ Address:
π¦ πGaza β Al-Shifa Street β South of Hamid Intersection
βπ Note: There is a delivery point in the southβ Contact the transfers department now at:
π± +972568818812
π± +972597202152 -
@katzenberger Bank branches are closed but local exchange offices are still being operated. Theyβre 2 different things.
The fees are incredibly high though.
I see. Thank you for replying. So if I understood correctly, people transfer money to the accounts of owners of an "exchange office", and the offices hand out the money, withholding an arbitrary amount of "fees"?
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I see. Thank you for replying. So if I understood correctly, people transfer money to the accounts of owners of an "exchange office", and the offices hand out the money, withholding an arbitrary amount of "fees"?
@katzenberger Yes, exactly.
If you send me 10 USD, the exchange office will give me cash, but with a big fee: usually I get only 4 or 5 USD in cash out of the initial 10.
Thatβs how people here turn digital money into cash, itβs not perfect, but itβs what we have. -
@katzenberger Yes, exactly.
If you send me 10 USD, the exchange office will give me cash, but with a big fee: usually I get only 4 or 5 USD in cash out of the initial 10.
Thatβs how people here turn digital money into cash, itβs not perfect, but itβs what we have.One last question: in the past, I had been told that also merchants act as such "exchange offices". Was that correct, or are merchants and "exchange offices" usually different people?
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One last question: in the past, I had been told that also merchants act as such "exchange offices". Was that correct, or are merchants and "exchange offices" usually different people?
@katzenberger Yes, that is correct. In many cases, merchants in Gaza do act like exchange offices too.
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@katzenberger The merchant in Gaza buys these goods for millions of shekels like 5 or 10 million. But because of the war, they canβt travel to the West Bank to pay in person, so they transfer digital balance to the supplierβs bank account.
@katzenberger Then the goods arrive in Gaza, and the merchant sells them for cash. Letβs say he earns 20 million shekels in cash now he has a lot of physical money.
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@katzenberger Let me explain: some well-known merchants in Gaza receive truck shipments through the Kerem Shalom crossing. Things like sugar, fruits, vegetables, cleaning supplies, coffee, etc. These goods usually come from the West Bank or even from Israel.
@katzenberger The merchant in Gaza buys these goods for millions of shekels like 5 or 10 million. But because of the war, they canβt travel to the West Bank to pay in person, so they transfer digital balance to the supplierβs bank account.
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@katzenberger Yes, that is correct. In many cases, merchants in Gaza do act like exchange offices too.
@katzenberger Let me explain: some well-known merchants in Gaza receive truck shipments through the Kerem Shalom crossing. Things like sugar, fruits, vegetables, cleaning supplies, coffee, etc. These goods usually come from the West Bank or even from Israel.
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@katzenberger Later, the same merchant sells that cash to people and offices. People pay him in balance, and he gives them cash so he can use that balance again to buy new goods.
@katzenberger So yes, in Gaza, big merchants and exchange offices often work in the same way or even are the same people. Itβs all one big cycle to keep things moving.
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@katzenberger Then the goods arrive in Gaza, and the merchant sells them for cash. Letβs say he earns 20 million shekels in cash now he has a lot of physical money.
@katzenberger Later, the same merchant sells that cash to people and offices. People pay him in balance, and he gives them cash so he can use that balance again to buy new goods.
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undefined Majden ππ¨ππ shared this topic on
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I told my friend JB earlier how I get access in Gaza to the money from my fundraising campaign.
ππΈπ΅πΈπΈπ΅πΈπΈπI think it could interest many people, so Iβm copying my reply here.
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@mohshbair 15% fee, that's criminal π£