PostFinance overseas euro money transfer alternatives
Beat PostFinance exchange rates when making a Swiss franc (CHF) money transfer to or from an overseas bank and your account in Switzerland – (Expats also use this service to send Swiss francs, euros, UK pounds and other popular currencies back to their Swiss accounts at PostFinance).
PostFinance – Swiss Franc (CHF) vs European Currency Exchange Rates
| POSTFINANCE | MIN. TRANSFER | SPEED | *GUIDE RATES | INFORMATION |
|---|---|---|---|---|
| GBP £ - to CHF | NO MINIMUM | 5/7 DAYS | Fr 1.094 | MORE DETAILS |
| GBP/CHF (BROKER RATES) | FROM Fr 100 | 1 DAY | Fr 1.129 | MORE DETAILS |
| CHF Fr - to GBP | NO MINIMUM | 5/7 DAYS | £0.846 | MORE DETAILS |
| CHF/GBP (BROKER RATES) | FROM Fr 100 | 1 DAY | £0.873 | MORE DETAILS |
| CHF Fr - to CZK | NO MINIMUM | 5/7 DAYS | Kc 24.836 | MORE DETAILS |
| CHF Fr - to DKK | NO MINIMUM | 5/7 DAYS | kr 7.341 | MORE DETAILS |
| CHF Fr - to EUR | NO MINIMUM | 5/7 DAYS | €1.005 | MORE DETAILS |
| CHF Fr - to HUF | NO MINIMUM | 5/7 DAYS | Ft 386.969 | MORE DETAILS |
| CHF Fr - to NOK | NO MINIMUM | 5/7 DAYS | kr 11.542 | MORE DETAILS |
| CHF Fr - to PLN | NO MINIMUM | 5/7 DAYS | zl 4.251 | MORE DETAILS |
| CHF Fr - to SEK | NO MINIMUM | 5/7 DAYS | kr 11.439 | MORE DETAILS |
POPULAR SWISS FRANC (CHF) EXCHANGE RATES – CZK DKK EUR GBP HUF NOK PLN SEK
UK pound sterling (GBP) to Swiss francs (CHF) currency rates are updated daily at 09:00 GMT.
Exchange rates can sometimes change and sadly banks do not always inform us when they alter them (especially if they raise exchange rates, rather than lower them). A lower foreign exchange rate will typically get you a better deal when sending money to/from Swiss francs. The recommended foreign exchange companies listed on our website can save you money and time with your international currency transfer requirements.
About PostFinance Bank
PostFinance was founded in 1906 and is the financial services unit of Swiss Post. Postfinance’s main area of activity is within both Swiss national and international payments, with a smaller but growing part in the areas of savings accounts, pension accounts and real estate for both Swiss nationals and global clients. In 2013, the Swiss Financial Market Supervisory Authority granted a licence to PostFinance to become a bank, making it the fifth largest bank in Switzerland.
GBP, CHF & Euro Money Transfer to/from PostFinance Switzerland
Making a transfer to or from Swiss francs using a bank service could potentially lose you thousands of pounds due to the poor FX margin rate offered. Private currency brokers offer a much more competitive rate of exchange. Example: Currency broker TorFX are one of the UK’s leading and largest foreign currency exchange specialists assisting private individuals and businesses with their foreign currency transfers to and from most countries worldwide.
UK bank to PostFinance account v Currency Brokers
1: Bank money transfer information: For overseas money transfers, you will need to be an existing bank account holder with this provider to use their services. General Guidelines – High street banks also charge a commission fee when sending money abroad into another currency – Private brokers offer commission free currency transfers typically over a value of £5000 or Swiss francs. Bank transfer commission fees range from £15 to £30 depending on the bank.
2: Unless you pay a premium, high street banks will take from 3 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction between 1 to 3 days.
Sending Money Abroad with PostFinance
To transfer funds abroad from your PostFinance account, you have to give the beneficiary’s IBAN and BIC to the bank. International transfer requests can be submitted as long as you have signed a request at your local PostFinance branch.
