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    ngofutures's Avatar
    ngofutures Posts: 1, Reputation: 1
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    #1

    Sep 7, 2009, 08:57 AM
    Lowest fees for wire transfers from Switzerland to the US
    What banks have the lowest fees for wire transfers from Switzerland to the US? What ones have the best exchange rates for Swiss francs to US dollars? Both questions are for monthly transfers of $200 already in US $ to $700 in CHF.
    excon's Avatar
    excon Posts: 21,482, Reputation: 2992
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    #2

    Sep 7, 2009, 09:26 AM

    Hello n:

    I'm not sure what the purpose of the transfers are, but there might be a cheaper and faster way to do it.. IF you're sending and allowance type of thing for a dependent, you could just open a dollar denominated checking account in their name and make your deposits into that account. Then your dependent will be able to use a debit card against the funds in that account, and you avoid ALL transfer fees...

    If I'm on the wrong track, tell me what the RIGHT track is.

    excon
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