Help! What is the best way to convert a fair amount of USD to CHF
I am looking for advice, as I am not a financial expert. I have a bit of USD in the US I want to bring into CH to buy a house here. But I am totally confused as to the best way to transfer in one shot a sum of money without losing my shirt. From on-line research I understand that simply asking the US bank to "wire" the money to CHF is asking to be robbed blind with a horrible exchange rate. My Swiss bank has offered to open a USD account for me here, so that I can simply receive the USD as USD...but then ultimately even then I need to convert it to CHF somehow. I read about online services like transferwise, but they scare me because your money is not protected during the transaction and how can you trust them?
Does anybody have experience doing this?
Any advice is greatly appreciated.