It can be done by legitimately opening a bank account by a visiting business man or his family member in switzerland. Select the payment method credit card bank transfer or postfinance card.
To prevent revealing your account number and name most swiss banks will send money from your account in the bank s name without releasing your identity but sometimes those types of transfers aren t accepted outside of switzerland.
How to send money to swiss bank. Enter the transfer amount and select bank transfer 3 as the receive option. Send money directly to a bank account in four steps open the send feature in your swiss bankers app and choose the destination country. Still it s possible to add layers of protection and shield assets from creditors without hiding assets or breaking the law.
If your recipient wants to receive pounds sterling in his bank account in the united kingdom then transferwise is the provider giving you the most pounds sterling for your money with 21 99 chf for the transfer fees and a good chf gbp exchange rate currently at 1 chf 0 8231 gbp. We currently compare 18 providers available for sending money to the united kingdom from switzerland. If you have the ability to send money to switzerland via your online bank account you might need a card reader and logins etc.
Start a transfer by entering how much you want to send and your recipient s information. Swiss banks cooperate with civil and criminal judgments making them virtually useless for avoiding legal penalties laundering money or hiding stolen funds where judgments come from u s. How to send money to switzerland select a money transfer provider from the table above.
Stashing money in a swiss bank account sounds like something best left to corrupt corporations and villains in espionage novels. To transfer your swiss francs to a bank account in us dollars in the united states the most competitive provider currently is transferwise with 22 61 chf for the transfer fees and a competitive chf usd exchange rate their current rate is 1 chf 1 1225 usd. Just tap in how much and where to.
Swiss bank accounts do offer checking except on numbered accounts. Click go to site when you re ready to make an account. Then make a local payment to transferwise whether it s with a wire transfer ach or your debit or credit card.
In the movies it s always portrayed as a shady thing says scott. Our comparison engine found 16 different money transfer providers available for sending money from switzerland to the united states. How to send money to switzerland from the united states transferwise makes transferring money to switzerland a breeze.
Identification to send money via bank transfer you will need 1 2 forms of photo id and need to have your bank card in your possession when visiting the branch. Required bank details to transfer money. After which money can be transferred as per the law to the permitted extent for business and other authorized purposes.