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Old 10.01.2019, 18:50
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Transfer of AVS pension from Switzerland to the UK

I'm wondering if anyone can give me information regarding the monthly transfer of a Swiss pension to the UK. For years, I have been doing this via banks and I've realised that it is quite an expensive way to move money from country to country.

Does anyone on this forum have money sent from CH to the Uk on a monthly basis and, if so, what is the cheapest way to do it.

Many thanks in anticipation of your replies.
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Old 10.01.2019, 19:40
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Re: Transfer of AVS pension from Switzerland to the UK

Can the AVS be paid directly into a uk bank?
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Old 10.01.2019, 19:40
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Re: Transfer of AVS pension from Switzerland to the UK

Look at Currency Fair https://www.currencyfair.com/ or Revolut https://www.revolut.com/


Both are far better than banks and easy to use, even a dinosaur like me can manage !
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Old 10.01.2019, 20:24
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Re: Transfer of AVS pension from Switzerland to the UK

I use TorFX, great rates, easy online service.


But as Telandy says, you may be able to get AVS to pay direct. In which case, I believe you should get a great rate and save yourself the hassle.


Regards




Ian
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Old 11.01.2019, 12:09
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Re: Transfer of AVS pension from Switzerland to the UK

Yes, it can and is presently but the exchange rate is 1.28 which is far too high.
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Old 11.01.2019, 12:56
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Re: Transfer of AVS pension from Switzerland to the UK

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Yes, it can and is presently but the exchange rate is 1.28 which is far too high.
Be thankful itís not 2.4 Swiss Franks to the pound, as it was when I arrived here.
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