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Old 22.10.2008, 17:59
ashtraxx ashtraxx is offline
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Re: Anyone transfer money from Switzerland to UK? If so how to get lowest charge/rate

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I also transfer money each month - it costs me CHF5 and arrives usually in 2 days (Quicker than a GB -> GB transfer! )

I find the exchange rates very good, but I guess that depends on the banks involved?
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I transfer once a month from my CH account to my GB, I just do it via an international transfer in my online banking, it costs me about 5CHF (could be more than this), only thing to watch is the exchange rate
How do you compare the rates you got and to what? as maybe competitive to other banks but not normally anywhere near to specialists who are much near the actual stated currency exchange rate at that time.

Banks are notorious for loading curency rates on top of the 5CHF fee ie adding 1-5% admin fees hidden in the currency rate. Thats why they have different rates for over 100k/businesses as people who know would go elsewhere!
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