Our recommended choice: WorldRemit
We tested the 3 largest providers and WorldRemit stands out, winning in 76.5% of searches for its unbeatable mix of cost, speed, and user-friendliness.
Looking to send money from Switzerland to Somalia? WorldRemit will get the job done.
How to get the best deal on your Switzerland to Somalia transfer
About money transfers to Somalia from Switzerland
Sending money from Switzerland to Somalia: key insights and tips
Don't settle for the first option. Always compare ways to send money from Switzerland to Somalia to find out about fees, speed, and reliability.
Our analysis included 3 providers that operate between Switzerland and Somalia, including WorldRemit, Wise, and WorldRemit.
Through this, you get a comprehensive view of all the options you have in Switzerland when you need to send money to Somalia.
Cheap money transfer to Somalia from Switzerland: Wise
Data collected over the past six months show that Wise is 59% cheaper than the second best option.
The $10.89 transfer cost represents the most common fee for CHF to SOS international transfers, based on data from the past six months.
If you want to secure the best rates on a CHF to Somalia transfer, make sure you pick Wise to send your money online.
*The most common fee applied to CHF-SOS by Wise, calculated based on data from the past six months.
Fastest ways to send money from Switzerland to Somalia: Wise
Data shows that Wise came up as the fastest way to send money from Switzerland to Somalia in 60% of our searches, proving they are the best at handling urgent online money transfers.
The 'fastest' way to send money is defined by the overall speed of sending money from Switzerland to Somalia - this includes deposit, transfer and withdrawal timeframes and often differs per currency.
Although Wise is the quickest way to send money to Somalia from Switzerland, the average cost of this service is $11.85.
If you don’t need to get your money to Somalia in 1 day, remember that Wise is the one that helps you save most.
But when speed matters, Wise should always be your go-to choice.
Need to send over $10,000?
For those big moves, going specialist is key.
Opt for a service that specializes in large transfers when size matters. For transfers over $10,000, your best bet is WorldRemit.
While WorldRemit may not be the cheapest or fastest way to send CHF from Switzerland to Somalia, it’s the provider that will keep you safe and relax while your money moves and becomes SOS.
Understanding your money transfer costs: Switzerland to Somalia
When it comes to calculating the costs of money transfers between Switzerland and Somalia, here's what really matters:
The Mid-Market Rate: Today, the CHF-SOS mid-market rate equals to 630.964517. Keep in mind that this rate fluctuates all the time.
The AUD-JPY average exchange rate of the past three months has been 651.8352, with a highest of 655.0762 and a lowest of 644.6385.
When in doubt, use Wise. On average, Wise hovers just -0.11% above the mid-market rate.
Fees and Markups: That's where Wise shines, combining the best of both worlds: excellent CHF to SOS rates that are only -0.11% away from the average. That's savvy transferring for you.
How to find the best exchange rate for Swiss Franc to Somali Shilling
Timing is everything when it comes to sending money between CHF and SOS. The exchange rate you secure impacts how much SOS you get for your CHF.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CHF to SOS has seen some fluctuation. On average, it stood at 651.8352.
During this time, the highest value on records has been 655.0762, while the lowest has been 644.6385.
WorldRemit, which is our recommended service to send money online from Switzerland to Somalia offers an exchange rate that is only 154.15% above the mid-market rate.
Want to secure the best CHF-Somali Shilling exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from Switzerland to Somalia!
What payment methods are available when sending money from Switzerland to Somalia?
Why trust our suggestions?
We compared the cost, speed, and product offerings of the leading money transfer services available between Somalia and Switzerland.
Our comparison engine and algorithms evaluate providers based on over 25 factors.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Switzerland to Somalia .
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CHF to SOS.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.