Send money from Switzerland to India at best rates

Highest remittance rate for converting 1 CHF to EUR = 0.92

Best way to send money from Switzerland to India

Transferring money from Switzerland to India can be seamless if you know the correct way of making the remittance. The process is quite straightforward and does not have to be a problem even if it is your first time. Discover some of the most utilized service providers when making cross-border transfers across various countries, including Switzerland and India.

About CHF and INR

Switzerland established a diplomatic relationship with India after independence and a friendship treaty was signed at New Delhi. This opened doors for the ease of sanctions on international transfers as the relations between these two states were good. Today, not only is it easy to send money from Switzerland to India but also possible through several options that all offer competitive services.

We have sampled a list of these transfer options together with their reviews and we hope this will help you find exactly what you want when choosing to send money.

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Country Guide - India

0.93

Mid Market Rate

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0.93

Mid Market Rate

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Currencies:
CHF-INR CHF-USD CHF-EUR
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BEST VALUE FASTEST
Pay-In
Pay-Out
You Pay (Includes Fee € 3) CHF 503.2524
Receiving Amount
€ 461.2
Realized Exchange Rate
0.92
currencyfair CHF to EUR Exchange Rate
0.9224
Best Value

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Transfer Time : 1-2 Days
Promoted
Currencyfair is a one of the safest & leading money transfer service provider for sending money from Switzerland to India for sending amount 500. Today’s Currencyfair exchange rate for sending money from CHF to EUR is 0.9224 with a € 3 fee. Based on the Exchange Rate IQ calculations it offers the Best Value for your money transfer. The realized exchange rate after considering the fees is 0.92. The pay in options available are Bank, also you can receive money using Bank, at multiple Currencyfair partner locations. The transfer time usually range between 1-2 Days. For more detailed review of Currencyfair click here
Pay-In
Pay-Out
You Pay (Includes Fee CHF 2.49) CHF 500
Receiving Amount
€ 460.8933
Realized Exchange Rate
0.92
transferwise CHF to EUR Exchange Rate
0.9264
Best Value

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Transfer Time : 3-5 Days
Transferwise is a one of the safest & leading money transfer service provider for sending money from Switzerland to India for sending amount 500. Today’s Transferwise exchange rate for sending money from CHF to EUR is 0.9264 with a CHF 2.49 fee. Based on the Exchange Rate IQ calculations it offers the Best Value for your money transfer. The realized exchange rate after considering the fees is 0.92. The pay in options available are Bank, Creditcard, Debitcard, also you can receive money using Bank, at multiple Transferwise partner locations. The transfer time usually range between 3-5 Days. For more detailed review of Transferwise click here
Pay-In
Pay-Out
You Pay (Includes Fee CHF 12) CHF 512
Receiving Amount
€ 457.4
Realized Exchange Rate
0.89
azimo CHF to EUR Exchange Rate
0.9148
3.26% vs Best Value

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Transfer Time : Same Day
Azimo is a one of the safest & leading money transfer service provider for sending money from Switzerland to India for sending amount 500. Today’s Azimo exchange rate for sending money from CHF to EUR is 0.9148 with a CHF 12 fee. Based on the Exchange Rate IQ calculations it offers 3.26% less than the best value for your money transfer. The realized exchange rate after considering the fees is 0.89. The pay in options available are Bank, Creditcard, Debitcard, also you can receive money using Bank, at multiple Azimo partner locations. The transfer time usually range between Same Day. For more detailed review of Azimo click here

More Available Options

You can check rates of some more providers that may support your country
With Xendpay you get the best deal and make a big difference with every transfer
Travelex is a money remittance company which is specially known for providing effective services to travelers across the world. People can transfer money online, use its money card and get currency exchanged at its stores. 
There are more than 200 countries you can send to using MoneyGram. Fees vary depending on where you are sending, how much, and how you are paying
Western Union is an American financial services company which offer money remittance to more than 200 countries across the globe.

Top-notch services to use when sending money from Switzerland to India

We still emphasize on the fact that you do not have to pay large fees or have your money take a long time to be transferred to India from Switzerland. There are more than 15 service providers to select from when choosing to make this remittance. You may be mixed up when trying to choose one service provider, but at least you will be able to forego those that do not seem fit for you.

Banks vs Digital money transfer companies vs In-store service providers

Banks can help remit your money from Switzerland to India. They are a good resort to go to if you do not mind their high service costs and exchange rates since they offer security and have a refund policy that they adhere to, to the latter.

Digital money transfer companies are the new wave when it comes to making international transfers. They are specifically designed to help you make a cross border currency conversion, transfers and purchases without having to go through long queues and transaction processes. As if not enough, they have low transaction costs and offer exchange rates with low margins when compared to the mid-market rate. All these do not limit how fast they are or how to secure their transfers are.

They include XE Money, CurrencyFair, TransferWise, Remit Money, YesRemit and Azimo.

Apart from banks and online money transfer companies, you can also use in-store service providers who offer direct pick up of your cash. Such include XendPay, Travelex, Western Union and MoneyGram.

Fastest way to send your money from Switzerland to India

If you want your money to reach India fast, for instance during emergencies or when meeting deadlines, you should consider using online money transfers companies like CurrencyFair and TransferWise. They will convey your cash on time. They offer low service costs and excellent exchange rates.

3 things to consider before sending money to Switzerland to India

Before deciding on one out of the many transfer options there are when sending money from Switzerland to India, be sure to check on the following factors first:

  1. Mode of transfer: The mode of transfer is very important. You may not have a bank account or maybe marginally banked and still want to make your transfer. Be sure to confirm that the service provider you use caters for this.
  2. Rates and fees: Do not forget to check on the rates and fees of the various service providers. Low service costs and low exchange rates margins are what we can advise you to pick. With our comparisons and calculator here at Exchange Rate IQ, the best option is just a click away.
  3. Customer support: A good transfer company is one that you can reach via email, phone or through chats. They need to be in a position to give you feedback at any time you need.

FAQ's

How do I know the transfer option that has the best rates?

Simple, use our comparison calculator here at ERIQ and get to be informed on the best and latest rates in the foreign market. You will want to consider things like cost, how long it takes for the transaction to be complete and if the recipient finds the selected mode of transfer to be convenient.

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What is the cost of sending money to India from Switzerland?

This cost varies depending on the transfer option that you choose. Online money transfer companies offer lower service costs when compared to options such as banks and direct cash transfer services. They can help you save much and helps keep a check on other transfer options that may want to hike their costs for any reason whatsoever.

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How do I know if the money has reached its destination?

Many money transfer services will notify the sender and receiver when a transaction has been complete. Other than tracking your transaction through your service provider, you can also get in touch with the recipient through phone and confirm if they have received the money.

Discuss this question

Historical Mid Market Exchange Rate From Switzerland Franc (CHF) to Euro Member Countries (EUR) (Weekly)

Current Exchange Rate(Mid Market) :- 0.93 EUR/CHF

Mid-market Rate is a currency exchange rate. Usually traders in currency exchange market have two exchange rates -
  • Selling exchange rate - at which sellers are willing to sell a particular currency and
  • Buying exchange rate - at which buyers are willing to buy a particular currency.
Mid-market rate is the mid-point of these two rates. This is the most transparent and the most accurate exchange rate. It is also known as “Interbank Rate” or “Spot Rate” or “Real Exchange Rate”. This is the rate which independent sources like Reuter, Google etc show.

Compare Currency Conversion CHF To EUR

Send Switzerland Franc To INDIA Receive Euro Member Countries
1 CHF TO EUR 0.93
50 CHF TO EUR 46.5
100 CHF TO EUR 93
250 CHF TO EUR 232.5
500 CHF TO EUR 465
1000 CHF TO EUR 930
5000 CHF TO EUR 4650
10000 CHF TO EUR 9300
Send Euro Member Countries Receive Switzerland Franc From INDIA
1 EUR FROM CHF 1.08
50 EUR FROM CHF 53.76
100 EUR FROM CHF 107.53
250 EUR FROM CHF 268.82
500 EUR FROM CHF 537.63
1000 EUR FROM CHF 1075.27
5000 EUR FROM CHF 5376.34
10000 EUR FROM CHF 10752.69

Click To Compare Money Transfer Services For The Following

Best Money Transfer Rate CHF to EUR

Company Name Live Exchange Rate
XE Money Transfer € 0.93
Currencyfair € 0.92
Transferwise € 0.93
Azimo € 0.91
USD

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