UBS have ATMs which have EUR notes (at least in Basel near the border). I’ve withdrawn EUR before and don’t recall being charged. Maybe you can open a EUR account with UBS?
I don’t think that’s free. At least not according to their price list. https://www.ubs.com/ch/de/services/accounts-and-cards/accounts/private-account.html → scroll down.
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Do you withdraw the Euro in the EU (which country/ies?) or in CH?
Either way, maybe check out DKB.
Also, do you NEED all that cash in cash? If not, simply paying with a card might be cheaper (free) and more simple.
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Ah, right!
DKB was also mentioned in this post.
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BLKB too - and not even near the border.
both, CH mostly but also Austria when I travel there. I know, credit cards are the norm
but I guess you have a debit card in EUR? or you use the CHF debit card to withdraw EUR?
If you live near the border, the N26 Standard plan (euro account with no basic fee) includes 2 free cash withdrawals per month in the Eurozone. That should suffice for withdrawing CHF 1000 francs. If you use a bank with very favorable CHF/EUR exchange rates (e.g. Bank Wir, Alpian) to transfer to your N26 account, you end up with a very low-cost setup.
If convenience is more important, you can use a bank that doesn’t charge for Euro withdrawals at Swiss ATMs (their own ATMs or ideally also third-party ATMs). You’ll lose a fair bit on exchange rates long-term though.
You won’t be charged separately as it’s baked into a wider spread on the currency exchange
I need around 1k in cash monthly. what is the best way to avoid too many fees?
Open an account in a Eurozone country, at a cooperative, then transfer 1’000 EUR there each month (Sepa transactions are free and it’ll be enough to qualify for a free account usually)
Then withdraw while in Eurozone as needed
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Last time I checked a physical card that you need to withdraw cash was not free.
You’re right, such a card costs 10€ (Source)
Still, compared with all the other option, this one time fee is probably the cheapest option available to people in Switzerland to withdraw 1000 euros each month.
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Agreed. As a long-term solution, a combination of a bank/neobank/IB,etc. with near-interbank rates for the exchange plus N26 for the withdrawal would be the cheapest solution I know of for that amount. Over many years the savings would be significant, compared to the more convenient option of just withdrawing from a Swiss ATM with your standard debit card. But only if you live near the border and can use the free withdrawals in the Eurozone.
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Migros Bank offers a free EUR account and free withdrawals at their ATMs
Migros Bank has a euro private account, which is free, but you pay 30 francs a year for the euro debit card, plus 4 francs for each withdrawal in euros.
You can do “free” withdrawals of euros from a Migros Bank CHF account at their ATMs, but then you pay by way of the currency exchange markup. So practical, but not a cheap solution.
I had my (free) CHF debit card additionally associated with my EUR account. It took one message with support in eBanking. When withdrawing, I get to choose the account, and last time I did it (several months ago) it was free 