Compare Raiffeisen Swiss franc currency transfer options to/from Switzerland. You can beat Raiffeisen Swiss franc exchange rates when making an international money transfer or bank payment, save time, money and get the best deal.
International currency transfers to or from your Raiffeisen bank account in Swiss francs, UK pounds, the euro and many other popular currencies will involve a margin or exchange rate of around 4.1% and additional bank transaction or commission fees may apply.
Raiffeisen 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 Raiffeisen bank 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 Raiffeisen bank services would have a transaction exchange rate margin of around 4.1% – 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 Raiffeisen could take longer to arrive than using a private currency exchange provider and you will also need to be an existing Raiffeisen bank account holder to use their services. Raiffeisen 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, Raiffeisen’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.
Raiffeisen bank is the third largest banking group in Switzerland, with over 1.4 million personal and business customers, served through over 1,000 local banking branches throughout Switzerland.
Find Raiffeisen 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 Raiffeisen branches in your search area results.
You can find answers to everyday banking questions at Raiffeisen online. If you can’t find the answer you’re looking for, you can call them from outside Switzerland on +41 44 226 72 69
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Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers