Are you a cross-border worker and have you taken out a loan in CHF?
Converting those funds into euros is simple, doing so without losing value is less so.
For many cross-border workers, a loan in CHF is a sensible choice: competitive conditions and income in francs. However, when that money needs to be used, the conversion into euros becomes a delicate step: that is where you can lose value without realizing it. With traditional channels, the exchange cost is not always clear: in addition to commissions, the markup on the applied rate weighs heavily, reducing the final amount in EUR. On significant sums, even a small difference can be worth hundreds or thousands of euros.
Let's look at an example:
Your savings on 50.000 CHF
When you need to convert a Swiss franc loan into euros, the service you choose makes a big difference on the final result.
CambiaValute.ch: 0 CHF
CambiaValute.ch: 0.15% (75 CHF)
CambiaValute.ch: 75 CHF
Service
Fixed commission
Applied spread
Total cost for you
Traditional Bank
~500-800 CHF
1.5% (750 CHF)
~ 1250/1550 CHF
moneyswapp.com
0 CHF
0.15% (75 CHF)
75 CHF
In this example, your savings on a loan of 50,000 CHF more than 1.470 CHF!
Exchanging francs to euros does not have to be complicated or expensive.
What about the loan installments?
Even easier: you pay the installments directly in francs from your Swiss salary. You do not have to convert anything every month!
Even easier: you pay the installments directly in francs from your Swiss salary. You do not have to convert anything every month!
Even easier: you pay the installments directly in francs from your Swiss salary. You do not have to convert anything every month! You can lock the rate directly from your personal area on the site. The rate remains locked until the evening of the next bank working day, and you know exactly how many euros you will receive. If you need help, our customer service is available via email or phone.
How does it work?
It is very simple:
1. You receive the loan in CHF in your Swiss account.
2. You send us the CHF to our account
3. We convert them at the best rate and send you the euros to your account within 24 hours.
Frequently Asked Questions | FAQ
It is normal to have doubts before trying a new service. That is why we want to answer the most common questions right away.
Does my Swiss bank allow me to send the loan money to you?
Absolutely yes. You have full freedom to dispose of your funds. Instead of asking the bank to convert the francs into euros (with their rates), you simply need to order a wire transfer in Swiss francs (CHF) to our IBAN. The bank will execute the transfer without applying currency exchange.
Is it safe to transfer such large sums (e.g., home mortgage) through your service?
Yes. We are a regulated financial intermediary in Switzerland (OAD-Polyreg affiliated with FINMA). Client funds are managed in segregated accounts at leading Swiss banks, guaranteeing maximum security and traceability until they arrive in your account.
How long does it take to receive the euros?
Speed is a priority for us, especially if you have deadlines for a deed or a car purchase. Once we receive your francs, the euro wire transfer is usually executed within 24 working hours (often on the same day if the operation takes place in the morning).
Are there any hidden costs or fixed commissions besides the exchange rate?
Transparency is total. Our profit is included in the exchange rate you see, which is significantly more advantageous than the bank’s. There are no file opening fees, nor transfer commissions to your account. What you see in the quote is exactly what you get.
Can the exchange rate change while I move the money?
We know how important the certainty of the amount is for a major purchase. For this reason, we offer a “rate lock” service: you can fix the exchange rate today knowing exactly how many euros you will receive, even if your francs arrive the next day (within the terms indicated in your personal area).
Do I have to declare anything to the tax authorities for this step?
Our service only handles currency conversion. Being a transfer of your own funds (deriving from a legitimate loan) from your Swiss account to your account, the operation is perfectly traceable. We will provide you with a transaction receipt that you can keep as proof of the source of funds for your bank or for the notary.
Ready to maximize your salary?
Stop losing money on commissions and unfavorable exchange rates. Join the world of Moneyswapp.com and become one of the thousands of commuters who have already chosen the smarter way to exchange their salary.