Debit Card
1-2 Hours
Bank Transfer
1-2 Hours
Bank Transfer
1-2 Hours
Bank Transfer
3-5 Days
Debit Card
3-5 Days
ZAR to CHF Currency Transfers
Switzerland is located in the central region of Europe, but is not a member of the European Union: it is, however, a participant of the SEPA transfer zone. Economists anticipate that the Swiss economy will grow at double its usual rate in coming years: with the 1.7% average GDP growth expected to rise to 3.1% in 2022. The Swiss government values the impact of international remittances, and in 2020 they launched a global appeal to keep cross-border remittances flowing during the COVID-19 crisis.
Best Providers for Sending Money to Switzerland from South Africa
When considering how to send money Switzerland from South Africa there are some key aspects of the transfer that will impact the best provider for your needs.
There are plenty of international money transfer providers for South Africa to Switzerland. The fastest provider is XE. The cheapest provider we found is XE at 0.9% Above Mid-Market Rate.
If you’re looking for the best combination of price, speed, and reliability we recommend using XE when sending ZAR – CHF.
This means that by using XE for online money transfers to Switzerland from South Africa, you are likely to save on transfer fees and benefit from fast speeds – so your recipient will get more money and have it delivered in less time.
Alternatively, if you are unable to access XE for any reason, our comparison engine has found VertoFX and HSBC also to be very good options when sending ZAR to CHF.
If you are looking to make an international transfer, in some cases you might need to know the SWIFT/BIC code of your recipient in Switzerland. If you’re unsure what it is, check out our SWIFT calculator to figure out the correct SWIFT code in Switzerland.
The cheapest way to send money from South Africa to Switzerland
The cost of transferring money will depend on the value of the transaction and amount of CHF you want the recipient in Switzerland to receive.
In order to avoid high fees, you should consider the cheapest way to send money from South Africa to Switzerland.
XE has been determined by our comparison engine to be currently offering you the cheapest rates possible.
The fastest way to send money from South Africa to Switzerland
When sending money from South Africa to Switzerland, speed is one of the biggest factors you need to consider in terms of the service offered by different money transfer providers, particularly if you want to send money instantly. Currently, XE is the fastest way to send ZAR – CHF.
What payment methods are available when sending money from South Africa to Switzerland?
Most money transfer providers allow you to deposit and send money using various payment methods, but not all providers offer every option. Typically you’ll find the most common methods are bank transfers and card payments, but many providers also accept cash and some will even deliver funds straight to your recipient’s door.
Sending money to Switzerland from South Africa using credit card
To avoid high fees you can opt to use an online money transfer provider such as to pay for your transfer to Switzerland. Our guide on sending money using a credit card has more information.
Sending money to Switzerland from South Africa using a debit card
With XE you can send money online to Switzerland using your debit card. But before making a payment, make sure you understand all the processing fees in place. Our guide on sending money using a debit card has more information.
Using a wire transfer to send money from South Africa to Switzerland
Bank and international wire transfers are the most common ways of sending money Switzerland as they are secure, reliable, and convenient. However, they often come with the slowest delivery times in case speed is an important factor for you. You can use XE to send money using a bank or wire transfer at a great rate as long as you’re happy for your transfer to take 1-2 days.
When sending money to Switzerland from South Africa using bank account transfer you are paying for the outgoing fees, flat fees, currency exchange rate markup, and sometimes an additional incoming transfer fee. If you do decide to make an international transfer using wire transfer, you might be required to use a SWIFT/BIC code when completing your transaction. If you’re unsure of what it is, check out our guide on what is a SWIFT code as well as use our SWIFT code calculator to find the right SWIFT/BIC code.
On the other hand, you usually only pay a sender fee and a small exchange rate markup when using online money transfer services such as XE, VertoFX and HSBC.
Considerations for a ZAR to CHF Currency Transfer
Before sending money to Switzerland from South Africa, you should consider the following:
- The amount you want to transfer: It is likely that the more money you send to Switzerland the more value you will get and more CHF the recipient will receive. This is because any flat fee charged ends up as a smaller percentage of your transfer amount, and also because many providers allow you to negotiate a better exchange rate margin if sending large amounts.
- The ZAR – CHF exchange rate margin: Money transfer providers charge a small percentage on top of the mid-market exchange rates in order to generate revenue. Current mid market rate is 0.056843 and the lowest exchange rate margin is currently offered by XE at 0.9% above the mid market rate.
- Hidden fees & charges: Before sending money to Switzerland, make sure the provider you are using doesn’t charge any hidden fees. Our reviews of the top ranked providers XE, VertoFX and HSBC will give insight here.
How to send money from South Africa to Switzerland at the best rate?
This one’s easy. Simply use our comparison table above to find the best provider to send ZAR to CHF. After that it’s just a process of making your transfer via the following steps:
- Click “Visit Site” inside our comparison table
- Register for an account if required
- Input how much you are willing to send
- Fund your transfer
- Receive & save an email confirming your transfer
How to receive transfers from ZAR to CHF in Switzerland?
Your recipient has a few methods available to receive your money in Switzerland. These will vary between providers, but it is possible to find services that will:
- Deposit CHF directly into a bank account
- Enable the recipient to pick up cash a specific locations across Switzerland
- Deliver money directly to their door
- Send CHF to your recipient’s mobile wallet
If your recipient is going to collect or have the money delivered to them in Switzerland, then they will usually need the following:
- A government issued I.D document
- The money transfer reference number
- Senders details and the amount of money sent
How much money can be transferred from South Africa to Switzerland?
The amount of CHF you can receive from South Africa will largely depend on the money transfer service you are using. There are providers that specialise in smaller remittance payments, and providers who specialise in larger transfers.
You should also check if there are any government regulations pertaining to the amount of CHF that can be received in Switzerland or sent from South Africa before making your transfer.