Printed Certificate – Ha'avara Agreement, 1935

Printed Certificate – Ha'avara Agreement, 1935
Printed certificate, confirmation of transfer of funds to the "Ha'avara" company, owned jointly by the Anglo-Palestine Bank, Bank of the Temple Society and the Jewish Agency, with handwritten details and stamps of the Bank of the Temple Society. 1935. English.
The Ha'avara Agreement ("transfer agreement") was signed in 1933 between the government of Nazi Germany and the Jewish Agency, with the aim of transferring the possessions and capital of German Jews to Palestine. Within the framework of the agreement, wealthy German Jews, planning to emigrate to Palestine, transferred their money to one of three mediating companies ("HaNote'ah", Anglo-Palestine Bank or"Ha'avara") and they in turn transferred it to companies in Palestine, with a promise to purchase only German goods. After the immigrants arrived to Palestine, two thirds of their original funds were returned to them.
The agreement caused a major controversy in the Jewish community in Palestine and in the Diaspora, as many questioned the moral propriety of negotiating with the Nazis and the economic gain to be derived there from.
[1] f, 22.5X24 cm. Good condition. Fold lines and creases. Filing holes. Minor stains.