Hello,
I need to transfer euro (approx. 20’000 EUR) from a banking account in Europe to my banking account in Switzerland (for a real estate purchase) and I would like to know the best solution to reduce the banking fees and get the best exchange rate? I have already Zak and Neon. I’m sorry if the question was already asked but I haven’t found it on the forum.
I will also add Revolut. A quick account opening is required and I wouldn’t deposit everything at once, but it might be better. No fixed fees, so you can exchange in as many tranches as you want.
Meanwhile, I found the following information on the Neon website. So is Neon working with Wise?
I note that the fees are reduced for a transfer from CHF to foreign currency, but is this also the case in the other direction, from EUR to CHF?
Revolut might be a bit risky though, since they might ask where that money came from and then just freeze your account while you deal with their kafkaesque bullshit.
Thanks for the clarification. It was not really clear if low fees were for CHF to foreign currencies or for both directions. So I will go with Wise I think.
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