Unclaimed Money in Israel
Israel operates Hashavat Aveda (ืืฉืืช ืืืืื โ meaning 'returning lost property') through the Ministry of Finance. The portal consolidates unclaimed financial assets from banks, insurance companies, investment houses, and pension funds โ making Israel one of the more accessible countries in the Middle East for unclaimed money searches.
Financial institutions are required to transfer unclaimed assets to the Accountant General at the Ministry of Finance after a defined period of inactivity. As of 2025, over ILS 2.5 billion is held and awaiting legitimate claimants.
How to Use Hashavat Aveda
๐
portal.oshm.gov.il
Israel's official unclaimed money portal. Available in Hebrew and English. Search by Israeli ID number (Teudat Zehut) or, for non-residents, by name and date of birth. No login required for basic search.
โ Primary portal โ search here first
๐ฆ
Israeli Banks
Bank Hapoalim, Bank Leumi, Discount Bank, Mizrahi-Tefahot, and First International Bank of Israel (FIBI) are the major Israeli banks. Accounts inactive for 7+ years are transferred to MOF.
โ All major banks transfer to MOF
๐ก๏ธ
Israeli Insurance
Life insurance (ืืืืื ืืืื) and pension/provident funds (ืงืจื ืคื ืกืื / ืงืืคืช ืืื). Search via Hashavat Aveda or contact the Israel Insurance Association (aia.org.il).
โ Insurance included in portal
๐
Securities & Investments
Unclaimed securities and investment accounts are also transferred. Check Hashavat Aveda first โ the portal covers multiple asset types.
โ Securities covered
Israeli ID Number (Teudat Zehut)
The Israeli Teudat Zehut (ืชืขืืืช ืืืืช) โ a 9-digit national ID number โ is the primary identifier for all Israeli financial accounts. Searching with this number on Hashavat Aveda will return all unclaimed assets registered under it.
For diaspora Jews and former Israeli residents who do not have a Teudat Zehut, the portal allows searching by name and date of birth. For deceased relatives, heirs can claim by presenting a certified copy of the Israeli death certificate and appropriate inheritance documentation (ืฆื ืืจืืฉื โ inheritance order from the Registrar of Inheritance Affairs or Israeli Family Court).
How do I access the Hashavat Aveda portal?
Go to portal.oshm.gov.il โ the portal is available in both Hebrew and English. Enter your Israeli ID number (Teudat Zehut) or search by name and date of birth for non-ID holders. Results appear immediately.
What types of assets are on Hashavat Aveda?
The portal covers bank deposits, savings accounts, insurance proceeds, pension and provident fund balances, brokerage accounts, and other financial assets transferred from regulated Israeli financial institutions.
Can diaspora Jews claim Israeli unclaimed money?
Yes. Diaspora Jews and former Israeli residents can search via Hashavat Aveda using name and date of birth if they don't have an Israeli ID number. Claims require proof of identity (passport) and documentation linking you to the asset.
What is the transfer period in Israel?
Financial institutions must transfer assets to the Ministry of Finance after 7 years of inactivity (with some variation by asset type). The funds remain claimable from the MOF indefinitely โ there is no expiry once transferred to the state.
Also search unclaimed money in
๐ช Also check: Unclaimed Crypto
Frequently Asked Questions About Unclaimed Money in Israel
What is the Hashavat Aveda portal and who runs it?
Hashavat Aveda (ืืฉืืช ืืืื โ "returning lost property") is Israel's official unclaimed financial assets portal, operated jointly by the Israel Securities Authority (ISA / ืจืฉืืช ื ืืืจืืช ืขืจื), the Bank of Israel (ืื ืง ืืฉืจืื), and the Capital Markets, Insurance and Savings Authority. The portal aggregates unclaimed bank deposits, insurance payouts, savings and pension balances, and investment proceeds from all licensed financial institutions in Israel. You can search at SHA.MOF.GOV.IL using your Israeli identity number (Teudat Zehut / ืชืขืืืช ืืืืช) or, for deceased relatives, their identity number. The service is free and covers most Israeli financial institutions.
How long before Israeli bank funds are considered unclaimed?
Under Israel's Dormant Assets Law (Chok HaAsnot HaDomamot โ ืืืง ืื ืืกืื ืืืืืืื), assets are classified as dormant after seven years of inactivity. After this period, licensed financial institutions must transfer the assets to the Accountant General's office at the Ministry of Finance, which maintains the unclaimed funds registry. This applies to bank deposits, insurance proceeds, savings plans, and certain securities. The transferred funds remain claimable by the rightful owner or their heirs indefinitely โ there is no time limit imposed by Israeli law on when a claim can be made.
Can Israeli diaspora members claim unclaimed money from abroad?
Yes. Many diaspora Israelis and their descendants have unclaimed money in Israel, and the Hashavat Aveda portal is accessible from anywhere. For residents outside Israel, claims can be submitted online or through a designated representative in Israel with a power of attorney. You will need your Israeli identity number and proof of identity. For estate claims, Israeli inheritance documentation (ืฆื ืืจืืฉื โ Tzav Yerusha, issued by a Rabbinical Court or Family Court) is typically required. The Israeli Ministry of Finance can provide guidance on documentation requirements for overseas claimants.
Are there unclaimed Israeli pension savings (Kupat Gemel or pension plans)?
Yes. Israel's pension system includes mandatory pension saving for employees (since 2008) and older Kupot Gemel (provident funds). Forgotten pension balances are included in the Hashavat Aveda portal. If you worked in Israel and contributed to a provident fund or pension plan through your employer, search the Hashavat Aveda portal with your Israeli identity number. For pensions accumulated before 2008 through older funds, contact the relevant fund manager โ the ISA maintains a register of licensed pension fund managers at isa.gov.il. A financial adviser (ืืืขืฅ ืคื ืกืืื ื) can help trace and consolidate pension entitlements.