What is the cheapest method of sending money to [COUNTRY_TO_NAME]?

It is worth noting that Switzerland is one of nine European countries that does not use the Euro: the Swiss franc is the country’s sole legal tender. In spite of this, the currency – also known as CHF – is one of the most commonly traded on the foreign exchange market. Due to its popularity, there are many companies who support money transfers to Switzerland but is the cheapest way to send money from Yemen. This is because there are no upfront fees and YER to CHF conversion costs are typically very low. Weigh up your options by using our comparison engine .

How should I send money to [COUNTRY_TO_NAME]?

Three quarters of the Swiss population live in urban areas, however, in case your recipient does not live close to a bank, it is worth considering other pay-out methods available. Money transfers sent to Switzerland come in a range of shapes and sizes including bank transfer, international money order, cash pick-up and delivery, and online transfer to a mobile wallet. The most popular of these methods is , check out our review of here.

What do we mean by the top provider? The top provider is the money transfer service that we believe is the most suitable for the country you’re sending money to. In order to keep our service free we factor in the commercial agreements we have with partners into this ranking. How do we choose providers to display? We make sure that each table displays the most relevant brands to the country you are sending money to and from. We consider many factors when choosing the providers to display in the table.All of the providers we display are fully regulated to provide money transfer services in the jurisdiction you are searching, relevant regulatory authorities are the FCA, ASIC, Fincen, FINTRAC & AMF. Alongside being regulated the services are manually checked by our team for both quality of service and online trust from such platforms like Trustpilot and Google reviews.We base our rankings primarily on the quality of the service provided, the benefit to the consumer and to keep our service free - the commercial agreements we have. How do we order our comparisons? We are affiliated with some of the partners displayed in the tables. However, the order of the providers is based on the quality of the service for the particular country corridor followed by the commercial agreement in place. You don’t pay any extra and the deal you get isn’t affected by our commercial agreement with the money transfer provider. We may receive a commission when you click through to a listing or when you make a transaction.We aim to find the balance between the quality of the service, customer satisfaction and the commercial agreements we have, and continue comparing services in a transparent way.If you have any questions about our listings, please don’t hesitate to email us at contact@moneytransfers.com

Send Money From Yemen to Switzerland | Transfer YER to CHF

Q: What is the Swiss law on international money transfers?

Switzerland is made up of 26 cantons (administrative divisions) and different taxation laws apply to each. Therefore, when sending money to Switzerland it is important to research the location of your recipient, to confirm whether the funds will be subject to “gift tax.” Ordinarily, spouses and children are exempt from this form of taxation. We have written a guide on this subject: Do You Need to Pay Tax?

Q: How can I send money abroad?

There are many ways to do this, but the best option really depends on your specific needs. Are you looking to transfer quickly? Or do you care mainly about how much of your hard earned cash actually ends up being sent over to its destination. We compare money transfer providers for your specific needs, to make sure you can send money abroad as efficiently as possible, all whilst saving you money.

Q: Can I send money with MoneyTransfers.com?

No. MoneyTransfers.com is a comparison website aiming to match you with the best money transfer providers for your needs when transferring money online.

Q: Why can’t I just use my bank to transfer money abroad?

The honest answer; you can. But traditional banks aren’t set up very well to handle international payments and money transfers. This is why many other service providers exist, who are specialists in transferring money abroad. Money transfer companies are designed to provide cheaper ways to send money abroad , whereas, banks take much longer, cost a lot more and are generally more complex to use. This is why we always recommend using a specific money transfer provider to send your money abroad .

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YER 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 Yemen

When considering how to send money Switzerland from Yemen 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 Yemen to Switzerland. The fastest provider is . The cheapest provider we found is at Above Mid-Market Rate.

If you’re looking for the best combination of price, speed, and reliability we recommend using when sending YER – CHF.

This means that by using for online money transfers to Switzerland from Yemen, 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 for any reason, our comparison engine has found also to be very good options when sending YER 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 Yemen 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 Yemen to Switzerland.

has been determined by our comparison engine to be currently offering you the cheapest rates possible.

The fastest way to send money from Yemen to Switzerland

When sending money from Yemen 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, is the fastest way to send YER – CHF.

What payment methods are available when sending money from Yemen 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 Yemen 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 Yemen using a debit card

With 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 Yemen 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 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 Yemen 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 .

Considerations for a YER to CHF Currency Transfer

Before sending money to Switzerland from Yemen, 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 YER – 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 0.003853 and the lowest exchange rate margin is currently offered by at 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 , and will give insight here.

How to send money from Yemen to Switzerland at the best rate?

This one’s easy. Simply use our comparison table above to find the best provider to send YER 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 YER 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 Yemen to Switzerland?

The amount of CHF you can receive from Yemen 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 Yemen before making your transfer.

What is the cheapest method of sending money to Switzerland?

What is the Swiss law on international money transfers?

How should I send money to Switzerland?

How can I send money abroad?

Can I send money with MoneyTransfers.com?

Why can’t I just use my bank to transfer money abroad?

How we compare?

Written by
Keith Hodges

Keith is a digital specialist with a background in the financial industry, both as a marketeer and a journalist. Keith joined MoneyTransfers.com in order to take the business to the next level and expand our offering in multiple international money transfer markets.

Sending money from Yemen to Switzerland