Raiffeisen – CHF Exchange Rates

Raiffeisen overseas euro money transfer alternatives

Beat Raiffeisen 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 Raiffeisen).

Raiffeisen Bank – Swiss Franc (CHF) vs European Currency Exchange Rates

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 Raiffeisen Bank Switzerland

Raiffeisen Bank is the third largest banking group in Switzerland and is the country’s leading retail bank with 3.7 million customers, of which 1.8 million are cooperative members and therefore co-owners of the bank. The banking group has a total of 1025 branches in Switzerland.

GBP, CHF & Euro Money Transfer to/from Raiffeisen 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.

UK bank to Raiffeisen Bank 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 Raiffeisen Bank

To transfer funds abroad from your Raiffeisen Bank 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 Raiffeisen Bank branch.