Transfer Money to Switzerland

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About Money Transfers to Switzerland

Whether you are purchasing a luxury chalet in the Swiss Alps or making regular business payments to Zurich, it is important to get the best rate of exchange. Using our handy currency comparison tool, you can find the cheapest and best deal tailored to your individual needs for your money transfer to Switzerland.

We have helped thousands of people find the most equitable rates when transferring Swiss Francs to Switzerland as we focus exclusively on currency exchange, unlike banks, which offer extortionate deals and unfair rates. Our expert knowledge and reputable currency brokers will ensure that you receive the most trustworthy service when transferring money to Switzerland.

Last updated: May 08, 2014 Our methodology

Quick Facts: Switzerland

Key information for sending money to Switzerland

Transfer Speed
1 working day
Local Currency
CHF
Income Tax Rate
0-13.2%
Avg. Property Price/m²
8,806.68 CHF
Avg. Monthly Rent (3 bed)
2,677.22 CHF
IBAN Required
Yes

Money Saving Tips for Switzerland

Expert advice for your international transfer

If you become a Swiss resident you will not have to declare your assets or income under the Lump-Sum Tax System.

The ski resorts of Valais and Vaud are the top locations for letting out properties.

Contact the Swiss embassy for more information about relocation to the country, customs, prohibited items, etc.

If undertaking employment, work permits are usually granted together with residence permits. They are applied for by the employer rather than the prospective employee.

What You Need to Send Money to Switzerland

Checklist of recipient bank details required

IBAN e.g. CH9300762011623852957
International Bank Account Number
SWIFT/BIC Code e.g. BANKCHXX
Bank identifier for international transfers
Account Number
Recipient's bank account number
Account Holder's Name
Full name as it appears on the bank account

Popular Banks in Switzerland

Credit Suisse Hyposwiss Private Bank Julius Bär & Co. AG UBS AG Zurich Cantonal Bank Banque cantonale de Genève

"When sending money to Switzerland, always compare multiple providers. The exchange rate is important, but don't forget to factor in transfer fees and delivery times. For larger amounts, even small rate differences can translate to significant savings."

— MyCurrencyTransfer Editorial Team

Frequently Asked Questions

Common questions about sending money to Switzerland

What is the cheapest way to send money to Switzerland?

The cheapest way to send money to Switzerland depends on your transfer amount. For larger transfers (over £1,000), specialist providers like Wise or OFX typically offer better rates than banks. Compare providers above to see which offers the best deal for your specific amount.

How long does it take to transfer money to Switzerland?

Most transfers to Switzerland are completed within 1-3 working days. Some providers offer same-day or next-day delivery for an additional fee. The exact time depends on the provider, payment method, and whether the recipient's bank processes weekend transfers.

What information do I need to send money to Switzerland?

You'll typically need: the recipient's full name (as it appears on their bank account), their bank account number, the bank's SWIFT/BIC code, and for some countries an IBAN. You may also need the recipient's address and the bank's name and address.

Are money transfer services safe to use?

Yes, the providers we compare are regulated by the Financial Conduct Authority (FCA) or equivalent regulators. They must keep your money in segregated accounts and follow strict anti-money laundering procedures. Always check a provider's regulatory status before sending money.

Should I use my bank to send money to Switzerland?

Banks are generally more expensive for international transfers due to higher exchange rate margins and fees. Specialist money transfer providers typically offer rates 2-4% better than banks. Use our comparison to see how much you could save.

How to Transfer Money to Switzerland

  1. Compare providers

    Use the comparison table above to find the best exchange rate and lowest fees for your transfer amount.

  2. Create an account

    Click through to your chosen provider and register for a free account. You'll need your email address and basic personal details.

  3. Verify your identity

    Upload ID documents as required (passport, driving licence, or national ID). Most providers verify within 1-2 business days.

  4. Enter recipient details

    Add your recipient's bank account details including their name, account number, and SWIFT/BIC code.

  5. Fund and track your transfer

    Pay by bank transfer or debit card, then track your money until it arrives. Most transfers complete within 1-3 working days.