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Old 31.05.2019, 13:59
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exchanging USD cash to CHF

Before moving out of the USA to Switzerland about a year ago, I have withdrawn some USD cash to travel with, having in mind to then change it to CHF when I arrived in Switzerland.
After a year, I am still sitting on this money in USD as, after reading more about currency exchange on the internet, it feels like I will just pay huge fees whatever I do.
Would anyone have good suggestions as to how to properly exchange my US cash to CHF in the Zurich area?


I also have a UBS account and, if I remember correctly, allows accounts to hold multiple currencies (CHF/USD/EUR ..)
Would it be possible to go to a UBS bank and deposit my cash their?


Thanks for the help.
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Old 31.05.2019, 14:12
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Re: exchanging USD cash to CHF

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Would anyone have good suggestions as to how to properly exchange my US cash to CHF in the Zurich area?
All depends on how much you want to exchange.

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I also have a UBS account and, if I remember correctly, allows accounts to hold multiple currencies (CHF/USD/EUR ..)
Would it be possible to go to a UBS bank and deposit my cash their?
I don't think UBS accounts hold multiple currencies. You will probably need a separate USD account which would cost you money (as in monthly fees). Not sure they even offer one anymore. Check their website

If you're not talking about more than a few thousands USD, then just take the hit and exchange it at the post office or somewhere. You won't be able to get it cheaper, particularly if you have it in cash
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