/Send Money Abroad/From Switzerland

How to Send Money from Switzerland to Australia

Get the best deals when you transfer from Switzerland to Australia. Find the cheapest, fastest, and most reliable providers with the best exchange rates.

Read on for the best deals, expert information, and all you need to send money to Australia from Switzerland.

Affiliate Disclosure

How to send money to Australia from Switzerland

The best way to send CHF to AUD

Wise

The total number of Switzerland to Australian Dollar providers

6

The average cheapest way to send money from Switzerland to Australia

TorFx

Best option for debit card transfers

Wise

Best option for bank transfers

TorFx

You can always compare rates and fees based on your transfer amount and payment options when sending money.

The best way to send money from Switzerland to Australia

We recommend using Wise for money transfers to Australia from Switzerland.

We analyzed 6 providers that allow CHF to AUD transfers. Wise emerged as the best option in 66.7% of searches.

What’s the cheapest way to send money from Switzerland to Australia?

Based on results from the last 3 months, of the 6 providers we list, the cheapest way to send money from the Switzerland to Australia was TorFx, and the average cheapest payment method was bankTransfer.

TorFx has averaged 0.3% cheaper than the next nearest provider for money transfers to Australia from Switzerland.

Just to make you aware, bankTransfer was the overall cheapest payment method.

The cheapest way to send money isn't always the fastest

Be sure to pick the right option, Instarem is the most cost effective way of sending, but make sure the timeframes work for you.

How the cost of sending money to Australia from Switzerland is calculated

The cost of sending money from Switzerland to Switzerland depends on several things, including:

The mid-market rate

The current mid-market rate between CHF and AUD is 1.6913. The rate the time you transfer will impact your overall cost. As an example, Wise has averaged -0.05% below the mid-market rate over the last 3 months, generally making sending money a little cheaper before fees.

The markup and fee

Providers will often charge a markup on the rate, fees, or both, for transfers between Switzerland and Australia. This is why Instarem is listed as our cheapest option - they offer the best combination of Swiss Franc to Australian Dollar (0.19) and fees (0).

Bank transfers from Switzerland to Australia

Bank transfers are the most common way of sending CHF to Australia as they are secure, reliable, and convenient.

If you want to send Swiss Francs to Australia through a bank transfer, TorFx has been the top rated provider in our comparison system for the last 3 months, being recommended 66.7% of the time.

That’s because companies like TorFx bypass the SWIFT network by relying on their own digital network of banks, making transfers faster and cheaper. As an example, TorFx's transaction fees for Swiss Francs into Australia have averaged significantly lower than banks for the last 3 months.

Credit card payments from Switzerland to Australia

Sending money with a credit card is quick, convenient, and typically more secure than other methods, thanks to backing by the issuing party. Some users may even be able to rack up reward points when making large transactions.

If you want to send Swiss Francs to Australia with a credit card, Wise has been the top rated provider in our comparison system for the last 3 months, being recommended 88.9% of the time.

Beware of charges

Credit card payments are often classified as cash advances, which bring their own charges, not to mention currency conversion and usage fees. And forgetting to pay your balance can result in high interest charges or even damage your credit score.

Debit card payments from Switzerland to Australia

Debit card payments let you send money from the Switzerland to Australia with the similar convenience of a credit card, and there are usually no tax advance fees. That said, when sending money from a debit card, you might still face currency exchange fees, processing fees, and other expenses, making this a pricier option than a simple bank transfer.

If you want to send Swiss Francs to Australia with a debit card, Wise has been the top rated provider in our comparison system for the last 3 months, recommended 88.9% of the time.

Finding the best exchange rate for CHF to AUD

The mid-market exchange rate changes daily, so timing your transfer can make a big difference to how many Australian Dollars you can get for your Swiss Francs. The average Swiss Franc to Australian Dollar mid-market rate over the last month was 1.7353, with a low of 1.7296 and a high of 1.7372.

For comparison, the best exchange rate for CHF to AUD right now is through Wise, at a difference of 0%.

How we find the best transfer deals from Switzerland to Australia

We’ve compared the cost, speed, and product offering of the top money transfer services (including TorFx) available between Australia and Switzerland.

We also produce unbiased, detailed reviews of all the top money transfer companies for sending Swiss Franc to Australia, helping you in making smarter, simpler choices. We pride ourselves on our objective reviews, maintaining complete independence in our analysis and ratings.

Take a look at our comprehensive editorial policy for more information about our dedication to integrity and transparency.

Frequently asked questions

How much money can be transferred from Switzerland to Australia?
Are money transfers services regulated?
Can I send money from Switzerland to Australia with MoneyTransfers.com?

Send money to and from Australia

Contributors

April Summers
April is a trained journalist and the Content Editor for MoneyTransfers.com. She has 10 years experience writing about a diverse range of subjects, from financial services to arts and entertainment. When she's not writing about global remittances she can be found daydreaming about her next holiday abroad.
MoneyTransfers 2024. All Rights Reserved.