Transfering money

Author
Discussion

DJC

Original Poster:

23,563 posts

242 months

Friday 21st January 2011
quotequote all
Chaps,

Whats the easiest and cheapest way to transfer dosh from chuffs in Swiss back to yer Blighty account?

Id ask over at the mumsnet place but you never get a decent answer or the mods willy wave about using the search engine, etc, etc when all you want is a nice simple quick answer.

Oh and is it just me or as soon as a bird joins a conversation on there the entire thread descends into random irrelevent crap?

rt911

692 posts

209 months

Friday 21st January 2011
quotequote all
I bank with UBS, and have a CHF account & a GBP account

Transfer between them online for the best exchange rate, and then send in GBP back to UK for I think £20. regardless of amount sent. Same applies from the UK to CHF

HTH

marcusjames

782 posts

267 months

Friday 21st January 2011
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Find an expat paid in GBP, needing Chufs.

eyebeebe

3,129 posts

239 months

Saturday 22nd January 2011
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Get a job at one of the banks - I get charged CHF 5 per transaction and get pretty much mid-rates.

From a high-street banking perspective, I don't think there is a huge amount of difference between the different providers. Transferring over CHF10k at a time will get you a slightly better rate. I think there are some online providers who will give you a better rate, but I have no idea who they are. Maybe try braving mumsnet on this one and using the search function will identify them...

DJC

Original Poster:

23,563 posts

242 months

Saturday 22nd January 2011
quotequote all
Its ok, good old ph has provided me a with a gentlemans solution smile

JMGS4

8,755 posts

276 months

Sunday 23rd January 2011
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I use UBS global transfer or SEPA, both very cheap (in swiss terms) when one has an account there.

RainerM

827 posts

237 months

Sunday 23rd January 2011
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Correct, John, with SEPA (http://www.ecb.int/paym/sepa/html/index.en.html) I never had any problems, if you know your partners IBAN/BIC details.
(http://en.wikipedia.org/wiki/International_Bank_Account_Number)
Transfers are cheap as you say, and moreover rather quick.

Have a nice Sunday everybody.

Rainer
(ex-UBS ;-)

dicktracy

241 posts

199 months

Sunday 23rd January 2011
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I have used Oanda in the past. Tight rates and fixed fee.