Go Back   English Forum Switzerland > Help & tips > Finance/banking/taxation  
Reply
 
Thread Tools Display Modes
  #1  
Old 10.11.2009, 11:40
Member
 
Join Date: Nov 2007
Location: Ostschweiz
Posts: 223
Groaned at 0 Times in 0 Posts
Thanked 25 Times in 21 Posts
jttraveller has earned some respectjttraveller has earned some respect
What is the benefit of an Euro account with Postfinance?

Hey guys,

I have some Euro in cash for which I am deciding whether to change it into CHF or open an Euro account with Postfinance for future needs. Has anyone experience for such account? Is there any cost involved? Or maybe should I go for E Depositio in Euro too? (I see the interest is higher?..what's the catch?)

Thanks for sharing the information. :-)

Regards.
Reply With Quote
  #2  
Old 10.11.2009, 11:51
PaddyG's Avatar
Forum Legend
 
Join Date: Aug 2007
Location: Pensier, Fribourg
Posts: 9,243
Groaned at 118 Times in 102 Posts
Thanked 16,857 Times in 5,912 Posts
PaddyG has a reputation beyond reputePaddyG has a reputation beyond reputePaddyG has a reputation beyond reputePaddyG has a reputation beyond reputePaddyG has a reputation beyond reputePaddyG has a reputation beyond repute
Re: What is the benefit of an Euro account with Postfinance?

If the Euro E-Deposito is anything like the SFr account, the catch is you can only make 5 withdrawals in a calendar year, without penalty.
Go here for more info http://www.postfinance.ch/pf/content...dep/offer.html
Reply With Quote
  #3  
Old 15.08.2011, 14:10
Forum Legend
 
Join Date: Aug 2009
Location: Vaud
Posts: 4,520
Groaned at 491 Times in 320 Posts
Thanked 4,099 Times in 1,952 Posts
CorsebouTheReturn has a reputation beyond reputeCorsebouTheReturn has a reputation beyond reputeCorsebouTheReturn has a reputation beyond reputeCorsebouTheReturn has a reputation beyond reputeCorsebouTheReturn has a reputation beyond reputeCorsebouTheReturn has a reputation beyond repute
Re: What is the benefit of an Euro account with Postfinance?

Hi, reviving an old thread.


In was wondering any catch with having a postfinance account in CHF and putting money through a 2nd postfinance accounr in EUR, through SEPA paiments.

I mean if you take "banknotes" out you'll have a poor rate + fees.
If you make a SEPA bank transfer, it's free and you get the "currency rate" (ie the one with higher conversion).

Am I missing something?

PS: it's for the occasional purchases when the CHF is high value compared to the EURO, not to do anything regular or transfer large amounts.
Reply With Quote
  #4  
Old 30.07.2012, 09:58
Newbie
 
Join Date: Mar 2012
Location: Zurich
Posts: 9
Groaned at 0 Times in 0 Posts
Thanked 0 Times in 0 Posts
Lucky144 has no particular reputation at present
Re: benefit Euro account Postfinance? transfer EUR to EU country

Kicking old tread, hope to get some info:
transfer CHF via Postfinance to EUR account outside CH has bad exchange rate. Now tranfer from CHF PF account to EUR PF account and then to EU EUR account would be any better??
Reply With Quote
  #5  
Old 30.07.2012, 10:22
fatmanfilms's Avatar
Forum Legend
 
Join Date: Apr 2010
Location: Verbier
Posts: 21,378
Groaned at 461 Times in 352 Posts
Thanked 23,091 Times in 11,824 Posts
fatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond reputefatmanfilms has a reputation beyond repute
Re: benefit Euro account Postfinance? transfer EUR to EU country

Quote:
View Post
Kicking old tread, hope to get some info:
transfer CHF via Postfinance to EUR account outside CH has bad exchange rate. Now tranfer from CHF PF account to EUR PF account and then to EU EUR account would be any better??
Post finance CHF to Euro rate will be the same, gets better over 50k Euro to Euro has no exchange rate!
From a Post finance Euro account you can withdraw Euros in cash at no charge.
Reply With Quote
This user would like to thank fatmanfilms for this useful post:
  #6  
Old 30.07.2012, 10:27
Newbie
 
Join Date: Mar 2012
Location: Zurich
Posts: 9
Groaned at 0 Times in 0 Posts
Thanked 0 Times in 0 Posts
Lucky144 has no particular reputation at present
Re: benefit Euro account Postfinance? transfer EUR to EU country

Quote:
View Post
Post finance CHF to Euro rate will be the same, gets better over 50k Euro to Euro has no exchange rate!
From a Post finance Euro account you can withdraw Euros in cash at no charge.
I would like to transfer this to an euro account in a EU country. And too bad I don't reach the 50k limit

and what about these services:
HiFX / Travelex / Ozforex / FX global transfer / Swissquote ?? Anyone comments on this?
Reply With Quote
Reply




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
Freizuegigkeitskonto [vested benefit account] ommthree Finance/banking/taxation 166 27.07.2021 20:35
Postfinance account for non-resident (tourist) RetiredInNH Finance/banking/taxation 11 07.07.2011 18:33
PostFinance account handyspanner Finance/banking/taxation 1 07.09.2009 21:07
Postfinance / CS account, opening before I move movingsoon Finance/banking/taxation 6 28.07.2009 19:49
Postfinance mortgage PaddyG Finance/banking/taxation 6 10.03.2009 09:41


All times are GMT +2. The time now is 18:57.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2021, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0