Monday Aug 24, 2026
NEWSLETTER
www.israelhayom.com
  • Home
  • News
    • Israel
    • Israel at War
    • Middle East
    • United States
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
  • In Memoriam
www.israelhayom.com
  • Home
  • News
    • Israel
    • Israel at War
    • Middle East
    • United States
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
  • In Memoriam
www.israelhayom.com
Home News Israel Israel at War Gaza War

Israel prepares for sanctions, blocking of bank accounts against soldiers in Gaza

Ahead of the planned IDF operation in Rafah, the Biden administration is considering imposing sanctions on soldiers serving in Gaza. Such a decision by the US administration could see European nations follow suit. 

by  Shirit Avitan Cohen
Published on  03-08-2024 09:18
Last modified: 06-03-2024 14:27
KKL–JNF employees contribute over NIS 1M for aid to IDF soldiersIDF Spokesperson's Unit

Israeli soldiers in the Gaza Strip | Photo: IDF Spokesperson's Unit

Share on FacebookShare on Twitter

Israel has been preparing to protect its soldiers as they face possible sanctions by banks worldwide for fighting against the Hamas terror organization in Gaza, Israel Hayom has learned. 

Follow Israel Hayom on Facebook, Twitter, and Instagram

Ahead of the planned IDF operation in Rafah, considered vital to dismantle Hamas and secure the release of the 134 hostages still held by the terror group, the Biden administration is reportedly considering imposing sanctions on certain soldiers serving in Gaza, similar to how it imposed sanctions on Israeli settlers for "violence." Such a decision by the US administration could see European nations follow suit. 

Video: Israeli military steps up strikes on Hamas in Gaza's Khan Younis / Credit: IDF

A report to the members of the Foreign Affairs and Security committees says that there is a real threat from friendly countries to step up actions against IDF soldiers who will participate in the operation in Rafah as well as in Judea and Samaria. Among other things, the committee was informed of the steps taken in Britain in order to receive reports of "war crimes" originating in Israel, after signs calling for "handing over information" were hung throughout the country's airports.

The Knesset has called for a solution to the problem as well. Diaspora Affairs Minister Diaspora Affairs (Likud) met last week with the deputy banking supervisor after he threatened to introduce legislation on the matter, and the two are said to be working on an alternative plan to protect the soldiers, one that would not require legislation. 

Banking officials expressed concern that without cooperation with the international sanctions system, Israel will become isolated. Nevertheless, there is a need to act to aid the citizens who although did not have indictments filed against them, did have their bank accounts frozen. 

Chikli told Israel Hayom that "the banking supervisor must ensure that the banks protect the property rights of their customers as much as possible. It should be a sacred value."

Bank Israel said in a statement that circumventing such sanctions would expose banking institutions to significant risks, including compliance risks, risks of laundering money and financing terrorism, legal risks, and risks to reputation.

Subscribe to Israel Hayom's daily newsletter and never miss our top stories!

Tags: Gaza War

Related Posts

Girls 'beaten to pieces', sexually assaulted: Ex-hostages recount Hamas captivity, wanting to 'die'Gideon Markowicz

Girls 'beaten to pieces', sexually assaulted: Ex-hostages recount Hamas captivity, wanting to 'die'

by Adi Nirman

Nearly three years after the Oct. 7 massacre, Aviva and Keith Siegel say they are still haunted by what they...

Netanyahu draws red line: No Turkish troops in GazaEPA/MOHAMMED SABER; Kayhan Ozer/Pool Photo via AP; Yonatan Sindel/Flash90

Turkey launches Interpol pursuit of Netanyahu over Gaza aid flotilla

by Erez Linn

Justice minister confirms legal push against 35 individuals connected to the Global Sumud Flotilla interception.

IDF reveals Gaza investigation findings, criminal probes announcedPalestinians inspect a site of an Israeli strike

IDF reveals Gaza investigation findings, criminal probes announced

by Lilach Shoval

The IDF released rulings on five Gaza incidents: criminal probes ordered in the Hind Rajab death and Tel al-Sultan shooting;...

Menu

Analysis 

Archaeology

Blogpost

Business & Finance

Culture

Exclusive

Explainer

Environment

 

Features

Health

In Brief

Jewish World

Judea and Samaria

Lifestyle

Cyber & Internet

Sports

 

Diplomacy 

Iran & The Gulf

Gaza Strip

Politics

Shopping

Terms of use

Privacy Policy

Submissions

Contact Us

About Us

The first issue of Israel Hayom appeared on July 30, 2007. Israel Hayom was founded on the belief that the Israeli public deserves better, more balanced and more accurate journalism. Journalism that speaks, not shouts. Journalism of a different kind. And free of charge.

All rights reserved to Israel Hayom

Hosted by sPD.co.il

  • Home
  • News
    • Israel at War
    • Israel
    • United States
    • Middle East
    • Sports
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
    • Environment & Wildlife
    • Health & Wellness
  • In Memoriam
  • Subscribe to Newsletter
  • Submit your opinion
  • Terms and conditions

All rights reserved to Israel Hayom

Hosted by sPD.co.il

Newsletter

[contact-form-7 id=”508379″ html_id=”isrh_form_Newsletter_en” title=”newsletter_subscribe”]

  • Home
  • News
    • Israel at War
    • Israel
    • United States
    • Middle East
    • Sports
  • Opinions
  • Jewish World
    • Archaeology
    • Antisemitism
  • Lifestyle
    • Food
    • Travel
    • Fashion
    • Culture
  • Magazine
    • Feature
    • Analysis
    • Explainer
    • Environment & Wildlife
    • Health & Wellness
  • In Memoriam
  • Subscribe to Newsletter
  • Submit your opinion
  • Terms and conditions

All rights reserved to Israel Hayom

Hosted by sPD.co.il