Best Swiss Franc to Euro and Dollar Exchange

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  • BenutzernameMoneyland User Questions
  • Status Member
  • Registriert seit1/27/17
  • Beiträge2142

Dear Madam/Sir,

Would you have a list of banks and forex places where one can the best change CHF into € and $?

 
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  • BenutzernameMoneyguru von moneyland.ch
  • OrtSchweiz
  • Status Expert
  • Registriert seit8/4/15
  • Beiträge4079

Hi there,

moneyland.ch conducted a study of the exchange rate spreads used by many Swiss banks, and you can request a free copy of the comparison here (at the bottom of the article).

Most Swiss banks use different rates for cash transactions (the banknote rate) and other transactions (the forex rate). You can request a detailed breakdown showing what transactions each rate is used for at many Swiss banks here (at the foot of the article).

Currency exchange brokers, wire trasfer services and peer-to-peer currency exchange platforms provide an alternative to banks - particularly if you have foreign currency bank accounts (EUR or USD) in which to receive the euros or dollars. The Monito online comparison service provides a good comparison of the costs of exchanging money using these services.

Best regards from Moneyguru

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Cheap bank accounts with card

Online private account

UBS key4

  • 50 KeyClub points as a welcome gift

  • Online private account with debit card

Swiss digital bank

Radicant

  • High interest on your everyday account

  • Best exchange rates

  • Up to 1% of card spending as saveback in the investment portfolio

Swiss Bank

Bank WIR Bankpaket Top

  • Free account & card

  • No exchange fees for foreign payments (interbank exchange rates)

  • 24 ATM withdrawals worldwide per year free of charge

Swiss digital bank

Alpian

  • CHF 100 welcome bonus

  • Favorable foreign exchange rates

  • Multi-currency account with Visa card (CHF, EUR, USD, GBP) 

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  • Banking partner: Swissquote & Postfinance

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