Hi everyone, it’s me again, I would like to ask you how I can transfer some swiss chf into my italian bank account, of course without paying anything (if possible)
p.s. big problem, I cannot use anymore revolut (no idea why )
thanks
Hi everyone, it’s me again, I would like to ask you how I can transfer some swiss chf into my italian bank account, of course without paying anything (if possible)
p.s. big problem, I cannot use anymore revolut (no idea why )
thanks
Transferwise …
I change them on Interactive Brokers.
but with transfer wise do I need to register both cards and doing everything on their website isn’t it?
I don’t understand what cards you mean. On the website you make a login, then register the transfer you want to make (i.e. to which EUR account), then transfer the money to the Transferwise account that they give you.
I’ll check, never used it. Thanks a lot
Transferwise CHF-EUR foreign exchange will “cost” you about 0.5% fees above the interbank rate, so not “free”. Just so you know. But compared to many other foreign exchange possibilities, that’s quite low/competitive.
While you can pay for your transfer with a debit card or credit card (i.e., you make a card payment to TransferWise, they will send a standard (or instant) SEPA bank transfer to your account), that only adds up costs if it’s not urgent.
I always use bank transfers to transfer funds to TransferWise - no need to register any card.
How much money are you looking into transferring? Revolut or Transferwise might be good options, check their cost, I think for a large transfer (10.000+) Revolut is much cheaper.
If you want to transfer a lot of money there is a high chance Revolut/Transferwise will block your account and request proof of funds (bank statement, payslip, tax return etc.) due to money laundering laws and this will take a few days to complete, so your money will remain locked for a few days.
it’s probably gonna be once n a month but maybe a few thousands, not a lot