Bank Money Transfer from UK Accounts to Valiant Bank
Send pounds to Swiss francs from UK to a Valiant Bank account in Switzerland, a currency broker saves you time and money on your foreign exchange transfer. Whether you’re in Switzerland, the UK, France, Spain, Italy, Germany or anywhere in Europe or the U.S and need to transfer funds to Switzerland, using a currency broker is the smart choice, opposed to using a regular high street bank.
About Valiant Bank
Valiant Bank is a Swiss commercial bank that serves more than 400,000 Swiss customers and has total assets of 25.5 billion Swiss francs. The bank was created in 1997 through the merger of three regional Swiss banks. Valiant Bank offers its customers a comprehensive savings accounts, SME banking, private banking and asset management services.
GBP, CHF & Euro Money Transfer to/from Valiant Bank 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. TorFX v traditional bank exchange rates:
|Company Name||FX Rate||GBP to CHF||FREE Quote|
|TorFX||*0.7%||Fr. 1.293 info||Enquire|
|Valiant Bank||*5.0%||Fr. 1.237 info||Enquire|
|Typical Bank Rates||*1.9 to 6.2%||Fr. 1.237 to Fr. 1.277 info||Enquire|
UK pound sterling (GBP) to Swiss francs (CHF) currency rates are updated daily at 09:00 GMT. Data source – ECB
*Note: A lower FX Rate will give a better exchange rate when transferring money to/from Swiss francs. Specialist foreign exchange companies including the ones listed below can save you money and time on the transaction.
UK bank to Valiant Bank account v Currency Brokers
1: Bank money transfer information: 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 Fr. 6509.742 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 Valiant Bank
To transfer funds abroad from your Valiant Bank account, you have to give the beneficiary’s IBAN and BIC to the bank. International transfer requests may be submitted as long as you have signed a request at your local Valiant Bank branch.