Banking Law (Customer Service) (Amendment – Online Customer Service) Bill
Translated from Hebrew: הצעת חוק הבנקאות (שירות ללקוח) (תיקון - שירות מקוון ללקוח)
TL;DRA proposal to require banks to make account information available to customers online free of charge for a period of at least seven years.
Translated from Hebrew
What does the bill do?
The proposal amends the Banking (Service to Customers) Law to require a banking corporation to make information about their accounts available to its customers online free of charge. The information to be made accessible includes: a breakdown of account transactions, copies of notices and letters sent to the customer, balance confirmations from every two years, a breakdown of deposits in a provident fund or fund managed by the bank, and copies of checks deposited or drawn. The data will be available for a period of at least seven years. The Governor will be able, after consultation with the advisory committee and approval of the Minister of Finance, to set additional provisions in regulations on this matter.
The votes on this bill
Coalition 67 seats
Left the coalition 9 seats
Opposition 44 seats
Tap an MK for detailsChanged position between readingsOnly MKs who held a seat on the day of the vote are shown