I need to make a payment of about 6200 CHF to a Swiss bank account. My money is in SEK in a Swedish bank account.

Would it be preferable to use Transferwise / something similar to it, or should I send it like I would send money to some other Swedish bank?

Could SEPA style transactions be used for such a thing?

closed as off-topic by Rupert Morrish, Dheer, Chris W. Rea, mhoran_psprep, Pete B. Jan 18 at 14:04

This question appears to be off-topic. The users who voted to close gave this specific reason:

  • "Questions seeking product or service recommendations are off-topic because they tend to become obsolete quickly. Instead, describe your situation and the specific problem you're trying to solve." – Rupert Morrish, Dheer, Chris W. Rea, mhoran_psprep, Pete B.
If this question can be reworded to fit the rules in the help center, please edit the question.


If you send money to some other Swedish bank, they're likely to take some fees and/or give an exchange rate worse than the interbank exchange rate. Transferwise takes 0.35% Fee + kr 18.00 SEK.

Revolut uses the interbank exchange rate for CHF <-> SEK on weekdays (Mon-Fri UTC) and don't have any fee, so that's the cheapest option I am aware of. They do have a limit of 6,000 CHF / month (reset on the 12th midnight CET of each month), above which they'll take a 0.5% conversion fee (unless you purchase the premium/metal accounts, in which case there is no limit). If you're interested in trying out Revolut, you can use the https://revolut.com/r/franck2q2 referral link to get a free physical debit card.

  • Thanks for your answer. I have Revolut already and a physical visa card as well (not premium). I forgot about this, good point. Just a question, the 0.5% conversion fee will be calculated then on the whole sum ie 6200 CHF, or on the remaining 200 CHF? – Dsxp Jan 18 at 2:24
  • @Dsxp remaining 200 CHF if you do 1 conversion of 6000 CHF and 1 conversion of CHF. Pretty sure that'd be the same with 1 conversion of 6200 CHF but I haven't tried. – Franck Dernoncourt Jan 18 at 2:38

Not the answer you're looking for? Browse other questions tagged or ask your own question.