The current exchange rate for the Swiss Franc (CHF) is 0.94567 CHF per American Dollar (USD) as of the time this was written. The CHF reached a high of 0.9511 CHF per USD and a low of 0.9456 CHF per USD during the last 90 days. The average exchange rate for the CHF was CHF per USD for the last 90 days.
The average volatility rate for the CHF against the USD was 0.21% for the last 90 days. This is a normal volatility rate. Going forward, you can reasonably expect normal fluctuations to continue, barring any unforeseen circumstances.
Ria Money Transfer’s fast option is the fastest way to send cash online to Switzerland. With Ria Money Transfer’s fast option, you can expect your money to reach its Swiss destination in a matter of minutes. Make sure you are using the faster option because the slow one takes 3-5 days in most cases. The faster option is a bit pricier, but it is still cheaper than much of the slower competition.
OFX is the cheapest way to send money to Switzerland. OFX doesn’t have any upfront, stated fees, and their hidden currency conversion costs are very low. OFX comes with a focus on larger transfers, and they have a sliding scale from 0.4% for smaller transactions to 1% for larger transactions. The only real problem is that they have a minimum transfer amount for you to be able to use their service.
If you prefer sending smaller amounts of money, TransferWise is the second cheapest way to send cash online to Switzerland.
The easiest way to send money to Switzerland is through TransferWise. The peer-to-peer payment system makes it exceedingly simple to send money to Switzerland. All you need to do is tap in an amount of money and its destination. After that, you must complete your payment to TransferWise. At this point, it should only take a day or two for the transfer to be completed. TransferWise is also available in most countries, so it is convenient if you are on the move, or are unsure of your geographic future.
The overall best way to send money to Switzerland is through TransferWise. TransferWise simply offers the best overall value when it comes to sending money to Switzerland. Their prices are quite low, the waiting time is only a day or two, and it is a simple and intuitive platform that is very easy to use.
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