Go Back   English Forum Switzerland > Help & tips > Finance/banking/taxation  
Thread Tools Display Modes
Old 27.06.2022, 15:47
Junior Member
Join Date: May 2021
Location: Flughafen
Posts: 57
Groaned at 0 Times in 0 Posts
Thanked 7 Times in 6 Posts
LincolnAbrahams has no particular reputation at present
Liberty Pillar 3 Withdrawl Returned By Transferwise

I wanted to withdraw my CHF pillar 3 which was 25K CHF - I asked them to send it to transferwise but they have rejected the payment on the grounds that the funds sent to my CHF account have to be from an account held in my name

Does anyone know how to send CHF francs to wise from an account that is not in your name? Or does it need to be converted first by my pension provider using the FX fees that they insist before I can access it??

Quite disspointing as in 18 months will receive my pillar 2 pension which is 250K CHF and I would like to control when and with what fees it is converted to sterling
Reply With Quote
Old 28.06.2022, 22:21
Newbie 1st class
Join Date: Apr 2021
Location: Zurich area
Posts: 14
Groaned at 0 Times in 0 Posts
Thanked 5 Times in 5 Posts
jayb has no particular reputation at present
Re: Liberty Pillar 3 Withdrawl Returned By Transferwise

Can't you simply first transfer it to a regular CHF bank account and then transfer it from there to Wise?

Or is the issue that you no longer have a CHF bank account at all? If you're no longer a customer at a Swiss bank, a CHF account at a foreign bank might be an option, if the pillar 2/3a providers are happy with an international CHF transfer.
Reply With Quote
This user would like to thank jayb for this useful post:

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Anyone used Liberty Pension fund? sleepyeyes Leaving Switzerland 30 25.01.2022 17:47
Very confused about pension withdrawl upon leaving! Help! highsandlows Leaving Switzerland 23 20.03.2021 17:27
In-payment and withdrawl from 3a pillar in the same calendar year pawp Finance/banking/taxation 4 16.01.2021 16:55
2nd pillar account withdrawl grimmus Finance/banking/taxation 9 31.05.2019 11:23

All times are GMT +2. The time now is 14:44.

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2022, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0