Your bank can provide exact fees. To save time upon arrival, it can be handy to purchase some Swiss francs before you depart. Wise formerly TransferWise offers an online bank account which can hold many currencies. A low fee is charged when converting money from one currency to the other. They charge the actual exchange rate, while most banks charge a lower rate in order to keep the difference themselves a hidden fee.
Wise has no fees on spending money from any of the currencies in your account. So, your can convert your home currency to Swiss francs for a low fee. Then, you can spend those francs without any further costs. In all, it's much cheaper than most other banks and credit cards. Convert any amount to Swiss francs low fee.
To save even more, you can do this when the exchange rate to your home currency is in your favor. Once you're in Switzerland, use your card to pay from your Swiss francs balance free. You can also get cash from ATM's free or low fee. The card can be used online too, wherever the merchant asks for a debit card or credit card.
Once you return home, convert your remaining Swiss francs balance back to your home currency low fee. Again, you can wait doing so until the exchange rate is best for you. Of course you can also skip this step and hold on to your Swiss francs until your next trip. The symbol for the Swiss franc is "CHF". Alternatively, the abbreviation "Fr. In practice, prices are often noted without a symbol at all. For example: " Are you spending the night in Geneva?
If so, you could get some Francs and, if you have any left, pay a portion of your hotel bill with them and charge the remainder. I did that last time. They were happy to take even the coins. Jim, "I worked in Basel for over 7 years and I can say without a doubt the the Euro is widely accepted! After arriving from France, I was going to use the facilities prior to boarding my next train, but the Attendant flatly refused to accept Euros. Fortunately, I travel with a variety of currencies but I had to dig my Swiss coins out of my Backpack in a hurry.
Barbara, You may find that some places in Switzerland will accept Euros, but usually they'll charge a dreadful exchange rate, and any change you receive will be in Swiss Francs. They have to go through the trouble of exchanging Euros at their Bank and paying whatever the exchange rate is at the time, so you can be sure they'll charge for that. I'd suggest estimating your expenses for the day and making a small ATM withdrawal OR use credit cards as much as possible and that way you won't have to be concerned with which currency you have.
Barbara, I'm enjoying breakfast in Geneva this morning, weather is fantastic. Yes, euro's will work, but not at an efficient exchange. When using an ATM, you may only be able to withdraw a smaller amount of money than you request and you may get the impression your card or pin no. Is not working. Re-try and request a smaller amount. We will be in Chamonix-Mt. Blanc tonite. I'm old school, hope this works as I envisioned.
Some travellers prefer to buy Swiss francs prior to leaving home at a bank or foreign exchange store. This method will usually involve fees. As I use a fee-free debit card when I travel, I prefer to wait until I arrive in Switzerland and I then withdraw the amount of cash I require. If you need to make a payment in advance, for example for a deposit for your accommodation, the most cost effective way I have found to transfer funds abroad is with Wise previously called TransferWise.
TransferWise offers low fees, excellent exchange rates and prompt payment to the recipient, so if you do need to transfer money to Switzerland before you leave home, I recommend you get a free quote from Wise. You can also exchange foreign notes at currency exchange desks at the major airports, railway stations and some hotels but service fees may be charged. Swissmint, the manufacturer of Swiss currency, has a number of interesting articles about the production of the Swiss franc on its website.
Use our handy Currency Conversion Chart to calculate the current exchange rate between the Swiss franc and your own currency. Click here to access the chart. Swiss Travel Pass. Car Rental. Jungfrau Travel Pass. Regional Pass Berner Oberland. Day tours.
Multi-day tours. Carolyn, first visited Switzerland more than 30 years ago and it was love at first sight! Since that first trip, she has returned more than a dozen times in her quest to explore every inch of the country.
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