Foraminifera and ostracods have been quantitatively studied in core MD01-2472, from the upper continental slope (at water depth of 501 m), to evaluate their relationship with bottom water condition variability and decipher the control of the Levantine Intermediate Water (LIW) current on benthic faunas. The occurrence of reworked ostracod species (originating from the continental shelf) and, the presence of shallow water Elphidium/Ammonia benthic foraminifera are used to estimate the degree of along-slope transport at the core site. This has revealed two intervals of along-slope transport also associated with coarse-grained contourite deposits, deposited during the YD and HS2 episodes. Planktonic-benthic foraminiferal and ostracod assemblages reflect climate oscillations. Peaks of the polar planktonic Neogloboquadrina pachyderma (left-coiling S) may be used to identify Heinrich Events. Interstadials are marked by abundant ostracod species such as Paracypris sp., Argilloecia acuminata, and Cytheropteron alatum and the presence of benthic foraminifera like Bulimina marginata, Bulimina costata and Gyroidina altiformis. The B–A and Holocene are characterized by abundant warm water species of planktonic foraminifera and by the ostracod species Polycope sp. We hypothesize that there is relationship between LIW intensification during cold rapid climate events and benthic fauna assemblage variations due to changes in: 1) bottom water ventilation; and 2) the export of nutrients and/or sediment particles by bottom currents.