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Old 10.10.2020, 16:03
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Paying non Swiss cash into bank account

I have paid some pounds into my credit Suisse bank before and they charged me a 1% handling fee for just taking the money and crediting my sterling account. Is that normal practise and any way to pay cash without a levy being raised

I have a few thousand dollars at home from travelling. Can I pay them at the counter into my revolut account without any handling fee or am I better just accepting the banks stupid fx rates and changing them to chf

This is hard paper cash not bank transfers
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Old 10.10.2020, 16:34
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Re: Paying non Swiss cash into bank account

Revolut. Not only do the banks charge fees the exchange rates are not as good as Revolut or TransferWise. Avoid Revolut on the weekends though, better rates during the week.
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Old 10.10.2020, 16:35
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Re: Paying non Swiss cash into bank account

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Revolut. Not only do the banks charge fees the exchange rates are not as good as Revolut or TransferWise. Avoid Revolut on the weekends though, better rates during the week.
Doesn´t work with cash though. But I highly recommend Revolut as well
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Old 10.10.2020, 22:11
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Re: Paying non Swiss cash into bank account

Thanks but how do I get hard cash in my hands onto revolout?

Is there a post office counter that you can walk into and just pay into an account with no charges ?
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Old 10.10.2020, 22:24
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Re: Paying non Swiss cash into bank account

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Thanks but how do I get hard cash in my hands onto revolout?

Is there a post office counter that you can walk into and just pay into an account with no charges ?
No, foreign cash is a pain in the arse, you are paying for a service that is not without risk for the provider.
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Old 10.10.2020, 22:25
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Re: Paying non Swiss cash into bank account

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Thanks but how do I get hard cash in my hands onto revolout?

Is there a post office counter that you can walk into and just pay into an account with no charges ?
There is no where in Switzerland where you can pay foreign cash in without charges.
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Old 10.10.2020, 22:43
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Re: Paying non Swiss cash into bank account

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There is no where in Switzerland where you can pay foreign cash in without charges.
It's the same for getting foreign currency out of a foreign currency account in CH
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Old 11.10.2020, 12:23
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Re: Paying non Swiss cash into bank account

Thanks all - Looks like i will have to accept the banks fx rates as it will be cheaper then cash handling fee and revolut transfer
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Old 11.10.2020, 12:35
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Re: Paying non Swiss cash into bank account

I used transferwise to make the transfer. Small admin fee for transferwise and excellent FX conversion rate
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Old 11.10.2020, 12:37
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Re: Paying non Swiss cash into bank account

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I used transferwise to make the transfer. Small admin fee for transferwise and excellent FX conversion rate
Does not help much if you have cash on your hands
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Old 11.10.2020, 22:07
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Re: Paying non Swiss cash into bank account

Yes it's normal practice. I heard Post Finance might not charge a fee but can't be sure.


You could wait until the SNB interferes more with the exchange rate then you might save yourself 1%.


Or sell your dollars to an American moving back home.
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