Home > Salary > Israel > Bank Representative
A bank representative is a professional who works in a bank and serves as a point of contact for customers. Their primary responsibility is to assist customers with various banking transactions, such as opening accounts, processing deposits and withdrawals, and providing information about different banking products and services. They also handle customer inquiries, resolve issues or complaints, and ensure that customers receive high-quality service.
Bank representatives are expected to have a strong knowledge of banking policies, procedures, and regulations. They must possess excellent communication and interpersonal skills to effectively interact with customers and provide them with accurate and helpful information. Attention to detail is crucial in this role, as bank representatives need to ensure that all transactions are conducted accurately and securely. They may also be responsible for promoting and selling additional banking products or services to customers.
Estimated Yearly Salary: 108,892 ILS
Estimated Monthly Salary: 9,074 ILS
Estimated Weekly Salary: 2,094 ILS per week
Estimated Hourly Salary: 52 ILS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 8,737 ILS
Estimated Weekly Salary: 2,016 ILS per week
Estimated Hourly Salary: 50 ILS per hour
Last revision of data: 2024-01-06
Estimated Yearly Salary: 27,024 USD
Estimated Monthly Salary: 2,252 USD
Estimated Weekly Salary: 520 USD per week
Estimated Hourly Salary: 13 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 108,892 ILS
Estimated Monthly Salary: 9,074 ILS
Estimated Weekly Salary: 2,094 ILS per week
Estimated Hourly Salary: 52 ILS per hour
By working as Bank Representative a person can save up to 66 USD per month or 792 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Israel, see costs of living in Israel.
Estimated Yearly Salary for Bank Representative
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Patient coordinator (147,728 ILS per year, pre-tax.)
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Data entry clerk 1 (121,520 ILS per year, pre-tax.)
Senior tax manager (552,796 ILS per year, pre-tax.)
Bank Representative salary in Israel
Average Yearly Salary of Bank Representative in Israel is approximately 108,892 ILS (27,024 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Bank Representative do?
A bank representative is a professional who works in a bank and serves as a point of contact for customers. Their primary responsibility is to assist customers with various banking transactions, such as opening accounts, processing deposits and withdrawals, and providing information about different banking products and services. They also handle customer inquiries, resolve issues or complaints, and ensure that customers receive high-quality service.
Bank representatives are expected to have a strong knowledge of banking policies, procedures, and regulations. They must possess excellent communication and interpersonal skills to effectively interact with customers and provide them with accurate and helpful information. Attention to detail is crucial in this role, as bank representatives need to ensure that all transactions are conducted accurately and securely. They may also be responsible for promoting and selling additional banking products or services to customers.
Skills: Bank representative, Customer service, Banking transactions, Financial services, Problem-solving, Sales.
Job industry: Finance
Job industry: Finance
How much does Bank Representative make?
Salary details
How much does Bank Representative make?Estimated Yearly Salary: 108,892 ILS
Estimated Monthly Salary: 9,074 ILS
Estimated Weekly Salary: 2,094 ILS per week
Estimated Hourly Salary: 52 ILS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 104,840 ILSEstimated Monthly Salary: 8,737 ILS
Estimated Weekly Salary: 2,016 ILS per week
Estimated Hourly Salary: 50 ILS per hour
Last revision of data: 2024-01-06Bank Representative estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 27,024 USD
Estimated Monthly Salary: 2,252 USD
Estimated Weekly Salary: 520 USD per week
Estimated Hourly Salary: 13 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Israel is a country located in the Middle East, bordered by Lebanon to the north, Syria to the northeast, Jordan to the east, and Egypt to the southwest. It has a diverse population of approximately 9 million people. The country covers an area of around 22,145 square kilometers (8,550 square miles). Israel is known for its rich history, cultural heritage, and religious significance.
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Bank Representative job salary compared to average salary in Israel.
Comparison shows that a person working as Bank Representative in Israel earns on average:
0.56 times the average salary (or 56% of average salary).
Estimated national average yearly salary is 193,057 ILS (54,650 USD). Value indicated is pre-tax. Below graph shows estimated Bank Representative job salary compared to average salary in Israel.
Comparison shows that a person working as Bank Representative in Israel earns on average:
0.56 times the average salary (or 56% of average salary).
Is Bank Representative a well paid job?
No, our data shows that Bank Representative is typically not a well-paid job. The salary varies based on experience. Meaning that even though Bank Representative might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Bank Representative?
High salary for Bank Representative would be somewhere between 119,781 ILS and 157,893 ILS. However this is an estimation based on Gaussian Distribution.How much can you save working as Bank Representative in Israel?
Living in Israel the approximate monthly expenses are: 2,186 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 108,892 ILS
Estimated Monthly Salary: 9,074 ILS
Estimated Weekly Salary: 2,094 ILS per week
Estimated Hourly Salary: 52 ILS per hour
By working as Bank Representative a person can save up to 66 USD per month or 792 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Israel, see costs of living in Israel.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Lebanon, Syria, Jordan, Egypt. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Bank Representative
Lebanon is 4,114 USD
Syria is 1,828 USD
Jordan is 4,717 USD
Egypt is 2,034 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Israel
(2,288,508 ILS per year, pre-tax.)
2. Cardiologist
(1,903,781 ILS per year, pre-tax.)
(1,831,869 ILS per year, pre-tax.)
4. Neurosurgeon
(1,783,011 ILS per year, pre-tax.)
(1,778,623 ILS per year, pre-tax.)
(1,740,307 ILS per year, pre-tax.)
7. Urologist
(1,734,638 ILS per year, pre-tax.)
(1,730,943 ILS per year, pre-tax.)
9. Oncologist
(1,729,727 ILS per year, pre-tax.)
(1,729,273 ILS per year, pre-tax.)
Data as of 2025Random salary:
Patient coordinator (147,728 ILS per year, pre-tax.)
Radiologic technologist mammogram (218,152 ILS per year, pre-tax.)
Order analyst (223,976 ILS per year, pre-tax.)
Data entry clerk 1 (121,520 ILS per year, pre-tax.)
Senior tax manager (552,796 ILS per year, pre-tax.)
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