Find the best providers to send money to Switzerland
Our real-time comparison engine finds the cheapest providers for your transfer to Switzerland, you save on fees and exchange rates. That way, more money arrives.
How to send money to Switzerland
Discover how to send money to Switzerland with the best rate with these 4 steps
1. Check the CHF mid-market rate against the currency you want to send
Making your transfer on a date when the mid-market is higher than usual means more money arrives. Monitor the mid-market exchange rate and convert your money when the CHF rate gets to a specific level.
2.Compare more than thirty money transfer companies sending money to Switzerland in order to select the best deal.
There are many companies to make money transfers to Switzerland, such as TransferGo, TransferWise, Western Union, MoneyGram, CurrencyFair. Using the best service from the more than 33 available options is the best way to save on fees and exchange rate.
3.Pick the best option for your personal needs
Are you looking for the money transfer company with the lowest fees and best exchange rates, the quickiest transfer options, highest ratings, or a combination of these factors.
4. Sign up and get started with your money transfer to Switzerland with the money transfer provider you selected
It is now time to register on the money transfer provider's online portal - be ready to upload an offical ID and/or a proof of adress - and get started with your money transfer to Switzerland.
Which provider to use for transferring money to Switzerland?
As Switzerland is not part of the European Union, it is true that some of the latest money transfer providers don’t have the necessary authorisations to operate in Switzerland yet. While this limits the number of providers you can use to send money from Switzerland, there are plenty of good solutions to choose from.
Most people sending money in CHF in Switzerland transfer the money to a bank account, and many of them still do an international bank transaction for this purpose. While banks often have low (or even zero) fees, they make money by offering you poor exchange rates. By using online money transfer providers that specialize in converting money at the lowest cost possible, you can save a lot of money. Companies like TransferWise, Azimo, CurrencyFair, Xendpay or TransferGo, all offer to send money from almost anywhere in Europe and the US to Switzerland, with bank-beating exchange rates and transparent pricing.
The online services mentioned above are easy-to-use and convenient, but if you plan to make a larger transaction in CHF (say more than 5000 CHF), you may want to use the more personalized services of a foreign exchange broker. Exchange Market, b-Sharpe, Currency Solutions, Currencies Direct, and OFX are our recommendations for Switzerland, and we would be happy to gather the quotes from all these providers for you to help you decide which one to use.
Find out which provider is currently the cheapest for your next transfer to Swizterland
Switzerland is a very international country and there are many reasons why you would need to send money to Switzerland. Whether you are sending money to Switzerland for business or personal matters, it is essential to compare your options before each transaction to find the providers with the best Swiss franc (CHF) exchange rates.
With our independent comparison results, we help international students studying at ETHZ or EPFL find the best providers to transfer money between their home country and Switzerland. We also help expatriates moving to Switzerland for a job in one of the international organisations in Geneva select a better alternative than their bank to transfer their money in the country, or business owners find the right solution to pay contractors or suppliers in Switzerland.
What information do you need to send money to a bank account in Switzerland
IBAN (ex. CH93 0076 2011 6238 5295 7)
The IBAN (International Bank Account Number) is an international norm for identifying bank accounts.
Name of the recipient
The name of the holder of the receiving bank account..
All banks in Switzerland use the IBAN system to facilitate international transactions, meaning that the only information you need to make an international bank transfer to a bank account in Switzerland is the IBAN number of the recipient’s bank account, as well as the name of the recipient.
All the providers and banks we list on our website can send money to any bank in Switzerland. You shouldn’t need the SWIFT/BIC code or even the name of the bank, as long as you have the IBAN.