Yazeed Ghazawi, CPA (Isr.)
New Israeli Cheque Form - Standard 501
According to the Bank of Israel publication as of July 2019 a new cheque format standard (#501) will apply and a unified cheque form will be mandatory. Please find technical details in this link Organizations that print cheques using third party solutions should approche their supplier and ask about the required update. Organizations that print cheques by creating forms from SAP, will need to update the form to meet the new requirements (i.e. signature and date location). For
