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Companies for transfers from Switzerland to Venezuela
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
Overall top choice: Wise
Of the 2 money transfer providers we tested and reviewed, Wise was a standout option for its combination of speed and cost.
Over the last six months, Wise appeared in 100% of searches for transfers between Switzerland and Venezuela.
When sending money from Switzerland to Venezuela, using Wise in a great option.
How to compare deals on your Switzerland to Venezuela transfer
- Always compare rates
Don't pay more than you have to. Use our live comparison tool to make sure get best exchange rates on transfers from Switzerland to Venezuela.
- Choose a provider
Select the provider that offers you the best value & service for your needs.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Venezuela from Switzerland.
Summary of recent searches
Get the most from sending money from Switzerland to Venezuela
Comparing providers offering services between Switzerland and Venezuela based on your specific transfer amount, is the easiest way to get the best price on your transfer.
We cover the entire CHF-VES market and have compared 2 providers offering services between Switzerland and Venezuela.
This ensures you will get the most comprehensive options for sending Swiss Franc to Venezuela.
Whilst we rate Wise as the best overall for transfers between the two countries, comparing gives you the best idea for your specific Switzerland to Venezuela transfer needs.
Cheapest way to send money from Switzerland to Venezuela: Wise
Data collected for transfers between Switzerland and Venezuela over the past six months shows that Wise is 0% cheaper than the second-best option.
This cost combines an average exchange rate between the Swiss Franc and Bolivar that is -0.15% different to the mid-market rate and an average fee of 18* CHF.
*The most common fee applied to CHF-VES by Wise, based on data from the past six months.
Fastest way to transfer money to Venezuela from Switzerland: Ria Money Transfer.
Ria Money Transfer was the quickest way to send Swiss Franc to Bolivar in 75% of searches. For fast transfers between CHF and VES, Ria Money Transfer comes highly recommended.
When using Ria Money Transfer to send money from Switzerland to Venezuela you can expect an average fee of 4 CHF. Although we would recommend comparing the amount you want to send.
When testing the 'fastest' options we compared 2 money transfer providers. To test overall speed of sending money from Switzerland to Venezuela we included the timeframe for depositing Swiss Franc to a money transfer account and average transfer times to Venezuela.
When sending money to Venezuela from Switzerland quickly is a priority, Ria Money Transfer is our recommended choice.
Sending a large amount of money?
Of the 2 providers compared, Wise is the best rated for higher transfer amounts.
Sending large amounts of money can be expensive, and while Wise may not always be the fastest or cheapest way to send money from Switzerland to Venezuela, it's a great provider for things like buying or selling property.
Understanding the costs involved when moving money from Switzerland to Venezuela
The total cost of sending money to Venezuela from Switzerland is a mix of the mid-market, exchange rates and transfer fees.
The Mid-Market and Exchange Rates: The mid-market for CHF-VES is 104.7971 VES per Swiss Franc.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more Bolivar for your Swiss Francs.
The CHF-VES mid-market rate over the last three months has seen the Swiss Franc worth an average 51.3289 VES. Within this there has been a high of 71.2932, and a low of 43.3791.
From 2 companies compared, Wise offers the strongest exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting CHF to VES.
Fees: When sending money there may be additional fees. Wise offers the lowest fee of the 2 providers tested, averaging 18 CHF per transfer over the last 6 months.
Amount Received: When comparing providers, the best measure is the amount of Bolivar eventually received in Venezuela.
This number should allow you to determine if you are getting a good deal. A higher amount of money received in Venezuela, means a better overall cost of sending money from Switzerland.
How to find the best exchange rate for Swiss Franc to Bolivar
Timing is essential for sending money between CHF and VES. The exchange rate you secure impacts how much VES you get for your CHF.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from CHF to VES has seen some fluctuation. On average, it stood at 51.3289.
During this period, the highest value recorded was 71.2932, while the lowest was 43.3791.
Wise, which is our recommended service to send money online from Switzerland to Venezuela offers an exchange rate that is only -0.15% above the mid-market rate.
Want to secure the best CHF-Bolivar 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 Venezuela!
Paying for your Switzerland to Venezuela transfer
Bank transfers
Paying via a bank transfer is often the better option for sending money from Switzerland to Venezuela.
By using a money transfer company such as Wise for transfers from Switzerland to Venezuela, you can send money and while benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Wise is the cheapest provider for bank transfers from the 2 we tested when sending CHF to Venezuela.
With an average fee of 18 CHF to send money from Switzerland to Venezuela, Wise offers the best combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from Switzerland to Venezuela with a debit or a prepaid card is easy with Wise.
Wise is a one of the better options in the market for international debit card transfers from Switzerland to Venezuela.
Credit cards
For credit card transfers from Switzerland to Venezuela, is our top choice of the 2 companies offering this payment method.
Be aware of fees: using a credit card to transfer money can mean being charged for a cash advance by your card provider. We always recommend a bank transfer or debit card payment if it is a possibility.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Venezuela and Switzerland.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
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 Venezuela.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send CHF to VES.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
Money transfer company reviews
