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Best Ways to Send Money to Liechtenstein

Ensure fast send times, low fees, the best exchange rates, and helpful customer support on money transfers to Liechtenstein.

Continue reading for reviews, expert advice, and essentials for transfers to Liechtenstein.

Jonathan Merry
Author 
Jonathan Merry
5 minutes
November 22nd, 2023
Disclosure
Best Overall
9.2
Wise

Wise is our recommended provider for sending money to Liechtenstein. This is based on having the best rates, fees and transfer times.

Cheapest Option
7.8
CurrencyFair

Users who searched with our comparison tool found CurrencyFair often had the lowest rates and fees for sending to Liechtenstein.

Compare rates and fees for sending money to Liechtenstein

There are multiple ways to easily send and receive money in Liechtenstein but these will largely depend on the provider you decide to use.

Benefits of Using Money Transfer Services to Send Money to Liechtenstein

There are many advantages of entrusting specialist money transfer companies with remittances sent to Liechtenstein. These include faster delivery, more competitive exchange rates and lower transfer fees than traditional banks are able to offer. Although it may often seem like sending money overseas with your bank is the best option, we believe the benefits of using money transfer services far outweigh the cost and complications of international bank transfers. Our guide, Should I use my bank for international money transfers, will help you make a more informed decision.

Liechtenstein has come a long way since it was infamously known as a tax haven for billionaires, and the country is no longer listed as an uncooperative tax haven country.

More recently, in July 2021 Liechtenstein signed a free trade deal with the United Kingdom, locking in tariff-free trade between the two countries. Like the UK, Liechtenstein is not a member of the European Union, but it does participate in the European Economic Area, the Schengen Area and the SEPAscheme: read more about SEPA transfershere.

You’ll be able to make a money transfer to or from Liechtenstein in the following ways.

What to Consider When Sending Money to Liechtenstein?

  • Taxation Terms and Conditions: Liechtenstein’s government taxes all forms of personal and business income, and this covers gifts and estate tax. The taxation rate differs depending on the nature of the relationship between both parties: for example, taxation will range between 0.5% and 0.75% between spouses and children and 18% to 27% between non-related recipients. Our guide, Are Money Transfers Taxed, endeavours to enlighten readers on this subject.

  • Language Barrier: Although the country is closely aligned with Switzerland and uses the Swiss franc as its currency, the official language of Liechtenstein is German. This should be considered before arranging any international money transfer with a financial institution or service provider in the country.

Current Exchange Rates for Liechtenstein

The current exchange rate for the Swiss Franc (CHF) is [EXCHANGE_RATE base="USD" symbol="CHF"] CHF per American Dollar (USD) as of the time this was written. The CHF reached a high of [EXCHANGE_RATE_HIGH base="USD" symbol="CHF"] CHF per USD and a low of [EXCHANGE_RATE_LOW base="USD" symbol="CHF"] CHF per USD during the last 90 days. The average exchange rate for the last 90 days was [EXCHANGE_RATE_AVG base="USD" symbol="CHF"] CHF per USD.

The CHF had an average volatility rate of 0.22% against the USD for the last 90 days. This is a normal volatility rate. You can reasonably expect only minor fluctuations in exchange rates to continue going forward, barring any unforeseen circumstances.

What’s the Cheapest Way to Send Money to Liechtenstein?

The cheapest way to send money to Liechtenstein is through OFX. With OFX, you only pay a small percentage of each transaction. There are no upfront fees and the service is undoubtedly the cheapest on the market. Furthermore, it typically only takes a day or two for your money to reach its destination.

The main drawback to OFX is that it carries a minimum transfer size requirement which is significantly higher than any of the competition. Despite this, their rates cannot be beaten, particularly when you send more money at once. The more money you send through OFX in a single transfer, the cheaper the transfer becomes.

If you don’t like the minimum transfer size requirement, Wise offers a similarly cheap deal.

What’s the Easiest Way to Send Money to Liechtenstein?

The easiest way to send money to Liechtenstein is through Wise.

Wise makes sending money to Liechtenstein exceptionally easy. After you set up your account, all you need to do is follow these simple steps:

1) Tap in the amount of money to be sent

2) Tap in the destination

3) Pay Wise for the transaction.

4) Wait one or two days for the funds to arrive at their destination

What’s the Overall Best Way to Send Money to Liechtenstein?

OFX also offers you the overall best way to send money to Liechtenstein. There are several reasons for this, the main one being that OFX offers you the best-rounded option for sending money to Liechtenstein. Their wait times are short and their platforms are easy to use, making OFX good at everything it needs to be good at. When it comes to the rates you’re paying, if you send a large amount of money at once, you can be sure you’re getting the best rates by a large margin.

The USD to CHF exchange rate

Mid-market Rate
1
= 0.88337 CHF
Mid-market rate at: 13:50 UTC
USD/CHF Median: 0.882336 Low: 0.877420 High: 0.884604
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Contributors

Jonathan Merry
Jonathan is the founder and editor of MoneyTransfers.com. Jonathan is highly experienced in the currency transfer market, having previously worked in the FX trading industry, alongside being an avid traveller. Using his knowledge he identified a need for transparency and further education to help people save money on their money transfers, leading to the creation of MoneyTransfers.com