The Haavara Agreement was a 1933 pact signed by Nazi Germany, the Zionist Federation of Germany, and the Anglo-Palestine Bank to facilitate the emigration of German Jews to Palestine while transferring a portion of their assets via German export goods. Details of the agreement are preserved in historical overviews by institutions like Yad Vashem and The Jewish Virtual Library.

Key Mechanics

Asset Transfer: Emigrants deposited funds into a special German account (PALTREU), which was used to purchase German industrial and agricultural goods for export to Palestine. 
Liquidation: Upon arriving in Palestine, immigrants received the local currency equivalent from the sale of these goods, helping them meet British capital requirements for entry. [1, 
Scale: The arrangement enabled roughly 50,000 to 60,000 German Jews to emigrate to Palestine between 1933 and the outbreak of World War II in 1939.