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Old 30.03.2011, 13:54
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Maximum transfer amount to Swiss Account?

What is the maximum in EUR/CHF a personal account holder(non resident of Switzerland) may receive to a Swiss account from abroad without having to file special papers/tpay taxes etc.,?
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Old 30.03.2011, 14:16
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Re: Maximum transfer amount to Swiss Account?

There is no limit to receiving funds, the bank may ask what the source was.

Having taxes to pay depends on where you live & where the money is from.


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What is the maximum in EUR/CHF a personal account holder(non resident of Switzerland) may receive to a Swiss account from abroad without having to file special papers/tpay taxes etc.,?
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Old 30.03.2011, 14:28
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Re: Maximum transfer amount to Swiss Account?

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There is no limit to receiving funds, the bank may ask what the source was.

Having taxes to pay depends on where you live & where the money is from.
Thanks for your reply. I plan to have funding come from Lux and Russia for completed consulting work. My neighbour had lots of paperwork and time wasted when he sold his home in Italy and the payment from the buyer was made to his Swiss account.
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Old 30.03.2011, 19:05
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Re: Maximum transfer amount to Swiss Account?

I suspect large sums comming from Russia may ring alarm bells.

Where you live, what passport you hold, size of funds & plausibility of the story you tell them. If the Bank trust you, no problem.

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Thanks for your reply. I plan to have funding come from Lux and Russia for completed consulting work. My neighbour had lots of paperwork and time wasted when he sold his home in Italy and the payment from the buyer was made to his Swiss account.
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Old 30.03.2011, 19:19
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Re: Maximum transfer amount to Swiss Account?

Banks hate receiving funds from Russia. You should keep Source of Funds proof in the back of your mind whenever you transfer money. Any bank can request this on any transfer they like, and in Switzerland can apply in secret to the SRO to have the money frozen by FINMA and you investigated. If it's under 50k you will probably be OK though, however there's no guarantee.
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