Paper money tokens - Palestine / Land of Israel - a group of 4 checks from the Anglo Palestine Company, the Bank of ...

Paper money tokens - Palestine / Land of Israel - a group of 4 checks from the Anglo Palestine Company, the Bank of the Templars in Eretz Israel and the Bank of Egypt Anglo Palestine (Bank) was founded in February 1902 in London, as a subsidiary of the "Jewish Settlement Fund" which was established by Herzl to serve as a financial instrument of the Zionist movement. The first branch of the company was opened in August 1903, by David Zalman Levontin, the founder and first director of the company. The first decade of the company's activity was fruitful, another 7 branches were opened in Palestine and Beirut and the company was appreciated not only by the Jewish community but also by the Arab residents and the Ottoman institutions. The Bank of the Templar Society (German: Bank der Tempelgesellschaft) was an Israelite bank established by the Templar Society, and operated between 1924 and 1939. The German Templars who arrived in the Land of Israel, starting in 1868, needed a bank. At first they used the bank services of Johannes Frötiger, a banker of Swiss origin, in Jerusalem, but it went bankrupt in 1896.