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25th Knesset · outgoing

Banking Law (Customer Service) (Amendment – Limiting the Fee for a Bank Guarantee Secured by a Specific Cash Deposit) Bill

Translated from Hebrew: הצעת חוק הבנקאות (שירות ללקוח) (תיקון - הגבלת עמלת ערבות בנקאית שמובטחת בפיקדון כספי מסוים)

TL;DRA proposal to limit the bank fee for issuing a guarantee secured by a cash deposit to a maximum of NIS 200.

Translated from Hebrew

What does the bill do?

The bill adds a section to the Banking (Service to Customer) Law, 1981, setting that a banking corporation may charge a one-time fee in an amount not exceeding NIS 200 for issuing a bank guarantee secured by a specific cash deposit. The explanatory notes state that those requesting guarantees are currently required to pay a high fee on a guarantee backed by a deposit, in a situation where the bank already holds a lien on these funds.

Passed preliminary readingFirst plenum vote: March 20, 2024
Initiated by: a party that left the coalitionRead the full text (bill for preliminary reading) ↗

The votes on this bill

Passed38 for · 0 against · 1 abstained · 81 did not vote
Source: the Knesset's vote record ↗

Coalition 72 seats

LikudFor 7 · Absent 25
ShasFor 3 · Absent 8
Blue and White – National UnityFor 4 · Absent 4
United Torah JudaismFor 5 · Absent 2
Religious ZionismFor 1 · Absent 6
Otzma YehuditFor 1 · Absent 5
NoamAbsent 1

Opposition 48 seats

Yesh AtidFor 9 · Absent 15
Yisrael BeytenuFor 2 · Absent 4
Ra'amFor 4 · Abstained 1
Hadash–Ta'alFor 2 · Absent 3
LaborAbsent 4
New Hope – The United RightAbsent 4

Tap an MK for detailsChanged position between readingsOnly MKs who held a seat on the day of the vote are shown

Other bills with a similar name · 1Separate bills (usually different amendments to the same law) - not readings of this bill.
Banking Law (Customer Service) (Amendment – Limiting the Fee for a Bank Guarantee Secured by a Specific Cash Deposit) BillMarch 20, 2024