How to send money to Canada from Switzerland with the best CHF-CAD rate

The cheapest option overall is Key Currency, giving your recipient 10’320.61 CAD when you send CHF 6’000.

Below we’ve compared 7 ways to send money from Switzerland to Canada.

Best companies for CHF/CAD transfers

7 of 7 providers

Last updated on 10 November 2026

Based on 6,000 CHF transfer

Best companies for CHF/CAD transfers

Sort Cheapest
Promoted

TorFx

Pay via Bank transfer
Fee CHF 0.00 1 CHF = 1.7192 CAD +0.30% vs mid-market Recipient gets $ 10'315.44 Minutes - 24 hours
Personal account managerReceive to bank accountIdeal for buying property abroad

Ways to receive money in Canada with TorFx when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 CHF = 1.7192 CAD
$ 10'315.44You payCHF 6'000.00
Promoted

Key Currency

Pay via Bank transfer
Fee CHF 0.00 1 CHF = 1.7201 CAD +0.25% vs mid-market Recipient gets $ 10'320.61 Minutes - 3 days
Personal account managerReceive to bank account

Ways to receive money in Canada with Key Currency when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
Free1 CHF = 1.7201 CAD
$ 10'320.61You payCHF 6'000.00

Run a live search

Showing top Switzerland to Canada deals for 6,000 CHF. Do a live search with your exact amount for today's best rates.
Exclusive: Special Rate for 1st Transfer

Key Currency

Pay via Bank transfer
Fee CHF 0.00 1 CHF = 1.7201 CAD +0.25% vs mid-market Recipient gets $ 10'320.61 Minutes - 3 days
Cheapest
Personal account managerReceive to bank account

Ways to receive money in Canada with Key Currency when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 3 days
Free1 CHF = 1.7201 CAD
$ 10'320.61You payCHF 6'000.00
Exclusive: First Transfer Deal

Regency FX

Pay via Bank transfer
Fee CHF 0.00 1 CHF = 1.7198 CAD +0.27% vs mid-market Recipient gets $ 10'318.54 Minutes - 24 hours
Personal account managerReceive to bank accountProfessional, personal service

Ways to receive money in Canada with Regency FX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 CHF = 1.7198 CAD
$ 10'318.54You payCHF 6'000.00

TorFx

Pay via Bank transfer
Fee CHF 0.00 1 CHF = 1.7192 CAD +0.30% vs mid-market Recipient gets $ 10'315.44 Minutes - 24 hours
Our top pick
Personal account managerReceive to bank accountIdeal for buying property abroad

Ways to receive money in Canada with TorFx when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 CHF = 1.7192 CAD
$ 10'315.44You payCHF 6'000.00

OFX

Pay via Bank transfer
Fee CHF 0.00 1 CHF = 1.7158 CAD +0.50% vs mid-market Recipient gets $ 10'294.75 Minutes - 24 hours
Personal account managerReceive to bank account

Ways to receive money in Canada with OFX when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 CHF = 1.7158 CAD
$ 10'294.75You payCHF 6'000.00

Currencies Direct

Pay via Bank transfer
Fee CHF 0.00 1 CHF = 1.7141 CAD +0.60% vs mid-market Recipient gets $ 10'284.60 Minutes - 24 hours
Personal account managerMulti-currency cardReceive to bank account

Ways to receive money in Canada with Currencies Direct when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 24 hours
Free1 CHF = 1.7141 CAD
$ 10'284.60You payCHF 6'000.00
Pricing based on Revolut Standard plan

Revolut

Pay via Bank transfer
Fee CHF 56.50 1 CHF = 1.7232 CAD +0.07% vs mid-market Recipient gets $ 10'241.93 Within minutes
Fastest
Multi-currency cardReceive to bank account

Ways to receive money in Canada with Revolut when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositWithin minutes
CHF 56.501 CHF = 1.7232 CAD
$ 10'241.93You payCHF 6'000.00

US Disclaimer: Revolut is not a bank. Banking services are provided by Lead Bank, Member FDIC. Fees may apply. See revolut.com/en-US/ for details.

Moneycorp

Pay via Bank transfer
Fee CHF 0.00 1 CHF = 1.7003 CAD +1.40% vs mid-market Recipient gets $ 10'201.63 Minutes - 2 days

Ways to receive money in Canada with Moneycorp when paying by bank transfer.

MethodFee & ratesRecipient gets
Bank depositMinutes - 2 days
Free1 CHF = 1.7003 CAD
$ 10'201.63You payCHF 6'000.00
How Our Results Work
Mid-market rate: 1 CHF = 1.7244 CAD Updates every 60 minutes.

How to send money from Switzerland to Canada

Pick a company

Start with the cheapest, which is Key Currency at 10’320.61 CAD for a CHF 6’000 transfer.

Key Currency was the cheapest on 9 of the 29 days it quoted fr.6’000 transfers to Canada.

Sending the same money as an international transfer from your Swiss bank usually adds a margin to the rate on top of any fee.

Fund your transfer

You have 1 ways to pay, including bank transfer.

TWINT won't do this, it's for paying people and shops inside Switzerland.

Verify and send

First time round you'll need a photo ID and your Swiss address.

The company may pause a first large transfer, it just means you need to submit more details to confirm it's really you.

Compare amounts

How much CHF are you sending to Canada?

How much CHF you send to Canada heavily affects the best ways and the cheapest options. Use the table below to check how the cheapest options change and how much more you'd get by comparing.

Our analysis shows Key Currency was the cheapest in 50% of the transfers from CHF 6,000 it quoted, and in 50% of all the transfers it quoted.

Cheapest service
CHF 1'0000.07%CHF 1.50$ 1'720.78with bank transfer to bank deposit+$ 25.30
CHF 5'0000.01%CHF 12.53$ 8'594.96with bank transfer to bank deposit+$ 39.96
CHF 6'000This page0.25%CHF 0.00$ 10'320.61with bank transfer to bank deposit+$ 38.11
CHF 25'000-0.01%CHF 51.98$ 42'998.41with bank transfer to bank deposit+$ 158.52

Mid-market rate: 1 CHF = 1.7244 CAD

CHF/CAD Exchange Rate History

Is today a good time to send money from Switzerland to Canada?

The cheapest way to send CHF to CAD can change every day, or stay with the same company all month.

We've compared the mid-market rate with the cheapest option each day (today it's Key Currency), across 30 days of comparisons for 6’000 CHF transfers to Canada.

CAD received for CHF 6'000, after fees

Tue, 10 Nov 2026Mid-market rate$ 10'346.48 Key Currency $ 10'320.61Key Currency$ 10'320.61Regency FX$ 10'318.54TorFx$ 10'315.44

10'050
10'100
10'150
10'200
10'250
10'300
10'350
10'400
At the mid-market rateWith the cheapest optionKey CurrencyRegency FXTorFx
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.7143 – $ 10'285.87
Wise Cheapest 1.7143 CHF 14.73 $ 10'260.31 −$ 25.56
Key Currency 1.7100 CHF 0.00 $ 10'260.15 −$ 25.72
Regency FX 1.7097 CHF 0.00 $ 10'258.09 −$ 27.78
TorFx 1.7092 CHF 0.00 $ 10'255.01 −$ 30.86
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.7114 – $ 10'268.54
Wise Cheapest 1.7114 CHF 14.73 $ 10'243.49 −$ 25.05
Key Currency 1.7071 CHF 0.00 $ 10'242.87 −$ 25.67
Regency FX 1.7068 CHF 0.00 $ 10'240.82 −$ 27.72
TorFx 1.7063 CHF 0.00 $ 10'237.74 −$ 30.80
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.7016 – $ 10'209.73
Xe Cheapest 1.7036 CHF 0.00 $ 10'221.60 +$ 11.87
Key Currency 1.6974 CHF 0.00 $ 10'184.21 −$ 25.52
Regency FX 1.6970 CHF 0.00 $ 10'182.17 −$ 27.56
TorFx 1.6965 CHF 0.00 $ 10'179.10 −$ 30.63
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.7123 – $ 10'273.59
Key Currency Cheapest 1.7080 CHF 0.00 $ 10'247.91 −$ 25.68
Regency FX 1.7076 CHF 0.00 $ 10'245.85 −$ 27.74
TorFx 1.7071 CHF 0.00 $ 10'242.77 −$ 30.82
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.7178 – $ 10'306.79
Wise Cheapest 1.7179 CHF 14.73 $ 10'281.98 −$ 24.81
Key Currency 1.7135 CHF 0.00 $ 10'281.02 −$ 25.77
Regency FX 1.7132 CHF 0.00 $ 10'278.96 −$ 27.83
TorFx 1.7126 CHF 0.00 $ 10'275.87 −$ 30.92
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.7141 – $ 10'284.75
Key Currency Cheapest 1.7098 CHF 0.00 $ 10'259.04 −$ 25.71
Regency FX 1.7095 CHF 0.00 $ 10'256.98 −$ 27.77
TorFx 1.7090 CHF 0.00 $ 10'253.90 −$ 30.85
Exchange rateFeeRecipient getsDifference
Mid-market rate – – –
Xe Cheapest 1.7122 CHF 0.00 $ 10'273.20 –
Key Currency No quote collected this day – – – –
Regency FX No quote collected this day – – – –
TorFx No quote collected this day – – – –
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.7091 – $ 10'254.74
Xe Cheapest 1.7122 CHF 0.00 $ 10'273.20 +$ 18.46
Key Currency 1.7049 CHF 0.00 $ 10'229.11 −$ 25.63
Regency FX 1.7045 CHF 0.00 $ 10'227.06 −$ 27.68
TorFx 1.7040 CHF 0.00 $ 10'223.98 −$ 30.76
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.7037 – $ 10'222.35
Xe Cheapest 1.7037 CHF 0.00 $ 10'222.20 −$ 0.15
Key Currency 1.6995 CHF 0.00 $ 10'196.79 −$ 25.56
Regency FX 1.6991 CHF 0.00 $ 10'194.75 −$ 27.60
TorFx 1.6986 CHF 0.00 $ 10'191.68 −$ 30.67
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.7044 – $ 10'226.65
Wise Cheapest 1.7045 CHF 14.73 $ 10'201.95 −$ 24.70
Key Currency 1.7002 CHF 0.00 $ 10'201.09 −$ 25.56
Regency FX 1.6998 CHF 0.00 $ 10'199.04 −$ 27.61
TorFx 1.6993 CHF 0.00 $ 10'195.97 −$ 30.68
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.7101 – $ 10'260.46
Wise Cheapest 1.7106 CHF 14.73 $ 10'238.40 −$ 22.06
Key Currency 1.7058 CHF 0.00 $ 10'234.81 −$ 25.65
Regency FX 1.7055 CHF 0.00 $ 10'232.76 −$ 27.70
TorFx 1.7049 CHF 0.00 $ 10'229.68 −$ 30.78
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.7028 – $ 10'216.97
Xe Cheapest 1.6993 CHF 0.00 $ 10'195.80 −$ 21.17
Key Currency 1.6986 CHF 0.00 $ 10'191.43 −$ 25.54
Regency FX 1.6982 CHF 0.00 $ 10'189.39 −$ 27.58
TorFx 1.6977 CHF 0.00 $ 10'186.32 −$ 30.65
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6971 – $ 10'182.68
Key Currency Cheapest 1.6929 CHF 0.00 $ 10'157.23 −$ 25.45
Regency FX 1.6925 CHF 0.00 $ 10'155.19 −$ 27.49
TorFx 1.6920 CHF 0.00 $ 10'152.14 −$ 30.54
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6971 – $ 10'182.68
Key Currency Cheapest 1.6929 CHF 0.00 $ 10'157.23 −$ 25.45
Regency FX 1.6925 CHF 0.00 $ 10'155.19 −$ 27.49
TorFx 1.6920 CHF 0.00 $ 10'152.14 −$ 30.54
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6970 – $ 10'181.76
Wise Cheapest 1.6970 CHF 14.73 $ 10'156.76 −$ 25.00
Key Currency 1.6927 CHF 0.00 $ 10'156.31 −$ 25.45
Regency FX 1.6924 CHF 0.00 $ 10'154.27 −$ 27.49
TorFx 1.6919 CHF 0.00 $ 10'151.21 −$ 30.55
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6926 – $ 10'155.42
Key Currency Cheapest 1.6883 CHF 0.00 $ 10'130.03 −$ 25.39
Regency FX 1.6880 CHF 0.00 $ 10'128.00 −$ 27.42
TorFx 1.6875 CHF 0.00 $ 10'124.95 −$ 30.47
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6935 – $ 10'161.28
Wise Cheapest 1.6940 CHF 14.73 $ 10'139.05 −$ 22.23
Key Currency 1.6893 CHF 0.00 $ 10'135.88 −$ 25.40
Regency FX 1.6890 CHF 0.00 $ 10'133.85 −$ 27.43
TorFx 1.6885 CHF 0.00 $ 10'130.80 −$ 30.48
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6907 – $ 10'144.12
Key Currency Cheapest 1.6865 CHF 0.00 $ 10'118.76 −$ 25.36
Regency FX 1.6861 CHF 0.00 $ 10'116.73 −$ 27.39
TorFx 1.6856 CHF 0.00 $ 10'113.68 −$ 30.44
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.7010 – $ 10'205.98
Key Currency Cheapest 1.6967 CHF 0.00 $ 10'180.46 −$ 25.52
Regency FX 1.6964 CHF 0.00 $ 10'178.42 −$ 27.56
TorFx 1.6959 CHF 0.00 $ 10'175.36 −$ 30.62
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6963 – $ 10'177.95
Xe Cheapest 1.6948 CHF 0.00 $ 10'168.80 −$ 9.15
Key Currency 1.6921 CHF 0.00 $ 10'152.51 −$ 25.44
Regency FX 1.6917 CHF 0.00 $ 10'150.47 −$ 27.48
TorFx 1.6912 CHF 0.00 $ 10'147.42 −$ 30.53
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.6963 – $ 10'177.57
Xe Cheapest 1.6948 CHF 0.00 $ 10'168.80 −$ 8.77
Key Currency 1.6920 CHF 0.00 $ 10'152.13 −$ 25.44
Regency FX 1.6917 CHF 0.00 $ 10'150.09 −$ 27.48
TorFx 1.6912 CHF 0.00 $ 10'147.04 −$ 30.53
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.7001 – $ 10'200.30
Key Currency Cheapest 1.6958 CHF 0.00 $ 10'174.80 −$ 25.50
Regency FX 1.6955 CHF 0.00 $ 10'172.76 −$ 27.54
TorFx 1.6949 CHF 0.00 $ 10'169.70 −$ 30.60
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.7087 – $ 10'251.95
Wise Cheapest 1.7090 CHF 14.73 $ 10'229.13 −$ 22.82
Key Currency 1.7044 CHF 0.00 $ 10'226.32 −$ 25.63
Regency FX 1.7040 CHF 0.00 $ 10'224.27 −$ 27.68
TorFx 1.7035 CHF 0.00 $ 10'221.20 −$ 30.75
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.7095 – $ 10'257.04
Wise Cheapest 1.7098 CHF 14.73 $ 10'233.67 −$ 23.37
Key Currency 1.7052 CHF 0.00 $ 10'231.40 −$ 25.64
Regency FX 1.7049 CHF 0.00 $ 10'229.35 −$ 27.69
TorFx 1.7044 CHF 0.00 $ 10'226.27 −$ 30.77
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.7098 – $ 10'258.76
Wise Cheapest 1.7097 CHF 14.73 $ 10'233.14 −$ 25.62
Key Currency 1.7055 CHF 0.00 $ 10'233.12 −$ 25.64
Regency FX 1.7052 CHF 0.00 $ 10'231.07 −$ 27.69
TorFx 1.7047 CHF 0.00 $ 10'227.99 −$ 30.77
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.7193 – $ 10'315.93
Wise Cheapest 1.7195 CHF 14.73 $ 10'291.73 −$ 24.20
Key Currency 1.7150 CHF 0.00 $ 10'290.14 −$ 25.79
Regency FX 1.7147 CHF 0.00 $ 10'288.07 −$ 27.86
TorFx 1.7142 CHF 0.00 $ 10'284.98 −$ 30.95
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.7202 – $ 10'321.06
Wise Cheapest 1.7214 CHF 14.73 $ 10'302.80 −$ 18.26
Key Currency 1.7159 CHF 0.00 $ 10'295.25 −$ 25.81
Regency FX 1.7155 CHF 0.00 $ 10'293.19 −$ 27.87
TorFx 1.7150 CHF 0.00 $ 10'290.09 −$ 30.97
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.7214 – $ 10'328.44
Wise Cheapest 1.7214 CHF 14.73 $ 10'302.80 −$ 25.64
Key Currency 1.7171 CHF 0.00 $ 10'302.61 −$ 25.83
Regency FX 1.7168 CHF 0.00 $ 10'300.55 −$ 27.89
TorFx 1.7162 CHF 0.00 $ 10'297.45 −$ 30.99
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.7230 – $ 10'338.29
Wise Cheapest 1.7230 CHF 14.73 $ 10'312.92 −$ 25.37
Key Currency 1.7187 CHF 0.00 $ 10'312.44 −$ 25.85
Regency FX 1.7184 CHF 0.00 $ 10'310.37 −$ 27.92
TorFx 1.7179 CHF 0.00 $ 10'307.27 −$ 31.02
Exchange rateFeeRecipient getsDifference
Mid-market rate 1.7244 – $ 10'346.48
Key Currency Cheapest 1.7201 CHF 0.00 $ 10'320.61 −$ 25.87
Regency FX 1.7198 CHF 0.00 $ 10'318.54 −$ 27.94
TorFx 1.7192 CHF 0.00 $ 10'315.44 −$ 31.04

Exchange rateFeeRecipient getsDifference

Each line shows what the recipient gets when you send CHF 6'000, after fees, as quoted by each company. The mid-market line shows what CHF 6'000 converts to at the real exchange rate, with no fees or markup. Rates are checked once a day. Sponsored placements never affect this data. There are no bank quotes for this period.

The dashed line is what you'd get at the mid-market rate with no fees, and the blue line is the cheapest option that day.

When the blue line goes above the dashed one, you're getting more CAD per CHF than the mid-market rate can offer.

This could be due to money transfer offers, FX rate adjustments, or market competitiveness.

In the past month, a money transfer company beat the mid-market rate on 2 of the last 30 days.

Right now, Key Currency pays 10’320.61 CAD on 6’000 CHF, which is 25.87 CAD less than the mid-market amount.

Today's payout is the highest in the past month.

Cheapest over time

Picking the cheapest money transfer company

Just because a company is the cheapest today doesn't mean it's always the best option for sending money to Canada.

We've tracked 119 comparisons to check how often today's top companies were the cheapest across 4 amounts over the past month.

  1. Key CurrencyAppeared in 56 comparisons

    Cheapest in 50% of them

  2. Regency FXAppeared in 83 comparisons

    Cheapest in 1% of them

  3. TorFxAppeared in 83 comparisons

    Never the cheapest

Based on 119 comparisons across 4 amounts over the last 30 days.

Different companies can come out cheapest depending on the day and the amount you send.

To keep things fair, we only count the comparisons each company appeared in, and only analyse companies that appeared in at least 50% of all comparisons (so occasional cheapest options don't skew it).

Today Key Currency is the cheapest, but it only quotes some of the amounts we track, so it isn't included in these figures.

Regency FX (today's second cheapest) was the cheapest in only 1% of its comparisons, so it's rarely the cheapest option for transfers to Canada.

Ways to send money from Switzerland to Canada

7 companies send money from Switzerland to Canada, across currency broker, multi-currency account, global business account, app, and online, and more.

For one-off transfers

Online transfers

Online services like Moneycorp are usually cheaper than Swiss banks for one-off and medium-sized transfers.

With Moneycorp, 6’000 CHF gets your recipient 10’201.63 CAD.

The fee is 0 CHF, with a 1.4% markup on top of the CHF/CAD rate.

In our comparisons over the past month, it was the cheapest online service on 4 of the 29 days it quoted.

For spending and receiving

Multi-currency accounts

A multi-currency account is useful if you earn in Swiss francs but spend money in CAD (be it payments or travelling).

Currencies Direct converts CHF 6’000 with a 0.6% exchange-rate markup and lets you hold CHF and CAD in one account.

Over the past month, it came out cheapest among multi-currency accounts on 20% of days.

For regular transfers

Money transfer apps

For the monthly transfer to family, money transfer apps are the easiest to start with.

Revolut charges fr.56.50 on a fr.6’000 transfer, and the money lands within minutes.

Over the past month, Revolut was the cheapest app on 9% of the days it appeared for fr.6’000 transfers.

You can also save recipients and create automated scheduled transfers to Canada.

You can’t make deposits with TWINT, but instead you can use Apple Pay, Google Pay, bank transfer.

For large CHF transfers

Currency brokers

Private banks can usually do this too, but brokers streamline the process and you also get an account manager to handle the transfer.

For example, if you are buying property in Canada or moving your wealth, a broker like Key Currency charges no fee and works on a margin instead (0.25% on CHF/CAD).

I suggest , since the more CAD you send the better rate you get.

Our analysis shows Key Currency was the cheapest broker in 89% of the transfers from CHF 6,000 it quoted.

Brokers charge no fees, so settle with the one that gives you the best CHF/CAD rate.

For companies paying across borders

Global accounts

Converting every payment separately adds extra work for Swiss businesses with regular costs in Canada.

A global account lets you hold CAD alongside CHF and pay from the balance.

Wise Business, WorldFirst and Airwallex offer multi-currency accounts with business payment tools.

Ways to fund CHF and receive CAD in Canada

With Key Currency, paying by bank transfer and receiving through bank deposit is the cheapest combination. Sending CHF 6’000 gives your recipient 10’320.61 CAD.

The transfer can be paid for by bank transfer.

You can pay from your Swiss bank account

Send CHF to the account details provided by the company.

Use the exact reference so it can match the payment to your transfer.

TWINT is mainly for payments in Switzerland, so it does not replace an international transfer to Canada.

In Canada, they can get CAD delivered as bank deposit.

  1. 1
    Bank transfer Bank deposit

    You pay fr.6,000.00

    CA$10,321

    Cheapest

Things to know before sending CHF to Canada

The exchange-rate margin usually matters more than the transfer fee from Switzerland. Gift tax and account protection also depend on details that are easy to miss.

Compare CHF/CAD transfer options

For a CHF 6’000 transfer to Canada, these are the best options in our comparison.

Cheapest way to send money to Canada

The cheapest option is Key Currency, funded by bank transfer with bank deposit for the payout. Your recipient gets 10’320.61 CAD, which is 0.02% more than the next best option.

Fastest way to send money to Canada

The fastest option is Revolut. Pay by bank transfer and choose bank deposit for the payout. Your recipient gets 10’241.93 CAD in within minutes.

Switzerland is in SEPA, but CHF is not a SEPA currency

Swiss banks can make SEPA payments in euros, but a CHF transfer to CAD requires a conversion.

Same goes for Swiss instant payments.

Money transfer companies can take these as funding methods (since accounts are in Switzerland) but then they switch to an internal network of accounts.

Gift tax depends on your canton

Switzerland has no federal gift tax applied on transfers abroad.

Most cantons impose their own rules, with the amount due usually depending on the value of the gift and your relationship to the recipient.

The Swiss government portal explains how gift tax works here.

Money transfer protection

Do not assume every app used in Switzerland is FINMA-authorised or covered by Swiss deposit insurance.

Some services operate under a foreign licence, and a Swiss virtual IBAN does not by itself create Swiss deposit protection.

Eligible deposits at participating Swiss banks are protected up to CHF 100,000 per customer and bank, but esisuisse confirms that a virtual IBAN or correspondent account may fall outside that protection.

If you’re in doubt about a money transfer company or app, check the legal company behind the service in the FINMA register.

How we analyse the market

Most pricing comes straight from the companies, and anything we collect by hand is marked in the table.

That covers 7 of them sending CHF to Canada, refreshed in real time on live searches and compared on rates, fees and the ways to pay and collect.

In the past 30 days alone, we analysed 119 comparisons across 4 amounts.

This page covers the cheapest and fastest options for CHF/CAD transfers. This is how we pick them:

  • Cheapest: the company that gets your recipient the most, after fees and the exchange rate. On a tie, live pricing from the company takes priority over the rates we collect by hand.

  • Fastest: the company with the shortest estimated delivery time once you’ve paid. On a tie, the one that pays out more takes priority.

Each goes through our review. More on who we are, why you can trust us and how to get started.

Any tax information is for general guidance only and does not constitute tax advice. Speak to a qualified tax adviser about your circumstances.