Question:

May the lender lend money to the borrower with an Israel check and ask to receive repayment in Israeli currency in Israel?

Answer:

If the currency received is the exact exchange rate of the check (i,e minus the commission) it is permitted.

Sources:

 

Share The Knowledge

Not what you're looking for? Browse other questions tagged Loans or ask your own question.

Leave a Reply

Your email address will not be published. Required fields are marked *