Compare PostFinance Swiss franc currency transfer options to/from Switzerland. You can beat PostFinance Swiss franc exchange rates when making an international money transfer or overseas payment, save time, money and get the best deal.
International currency transfers to or from your PostFinance account in Swiss francs, UK pounds, the euro and many other popular currencies will involve a margin or exchange rate of around 3.8% and additional bank transaction or commission fees may apply.
PostFinance international currency transfer rates are much higher than most money transfer providers (money transfer providers rates range between 0.45 to 1.0%).
Sending foreign currency to or from your PostFinance account in Switzerland needn’t be a complex matter, moreover, you can save time and money when you use a specialist currency broker instead.
Specialist foreign exchange companies including our recommended providers here can save you money and time on the transaction. Our recommendations are based on international coverage and office locations together with the lowest foreign exchange margin rates offered.
Example: A typical overseas currency transfer of 100,000 Swiss francs (CHF) using PostFinance services would have a transaction exchange rate margin of around 3.8% – or 5,000 CHF. Using a specialist broker, in this example TorFX – the exchange rate margin would work out at 0.7% – or only 700 CHF in total, which is a large saving over the bank service.
International money transfers from PostFinance could take longer to arrive than using a private currency exchange provider and you will also need to be an existing PostFinance account holder to use their services. PostFinance may additionally charge a flat rate commission fee when sending money abroad into another currency and bank transfer commission fees vary depending on the amount you need to transfer. Private brokers offer commission free currency transfers, typically over a value of £5000 (or 5,000 CHF).
Unless you pay a premium, PostFinance’s service will take from 5 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction either same day, or next day.
PostFinance was created in 1906 and is the financial services unit of Swiss Post. Postfinance is the fifth largest retail financial institution in Switzerland, serving customers through over 1,000 local branch locations in the country.
Find PostFinance branch addresses near you with our geolocation map search. Simply enter the bank name (and optionally a city or country) and the map will display the closest PostFinance branches in your search area results.
You can find answers to everyday banking questions at PostFinance online. If you can’t find the answer you’re looking for, you can call them from outside Switzerland on +41 58 667 99 85
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Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers