swiss francs conversion

This is a discussion on swiss francs conversion within the International Law Issues forum, part of the INTERNATIONAL LAW category; If i place funds in Swiss francs what does the average European or swiss bank charge for moving the funds ...

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Old Jan 2nd, 2009, 12:27 PM   #1
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Default swiss francs conversion

If i place funds in Swiss francs what does the average European or swiss bank charge for moving the funds from one currency to another. say i want them back in USD this summer?
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Old Jan 2nd, 2009, 05:42 PM   #2
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Default Re: swiss francs conversion

Normally approx. 1% every time you do it so you don't want to moving between currencies much at all if you can help it.
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Old Jan 2nd, 2009, 08:24 PM   #3
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Default Re: swiss francs conversion

Some banks will make a deal if you negotiate with them and if you have a significant account.

And of course most do have multi-currency accounts where you can divide up your initial deposit among various currencies. Not sure why you are doing this or planning this.
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Old Jan 5th, 2009, 03:44 PM   #4
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Default Re: swiss francs conversion

Some banks have currency accounts that will let you move back and forth among a few designated currencies without all those charges.

You have to ask and push the issue in some caases.
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