Convert your Swiss salary (CHF) to euros (EUR) securely, regardless of the canton you are working in. Take advantage of the real-time market exchange rate to repatriate your funds to the Eurozone with minimal margin and fully automated transfers.
*Transfers in currencies other than EUR and CHF may be subject to correspondent bank fees.
| Provider | Margin & Applied Fees | Total annual cost |
|---|---|---|
| ibani | 0.40% (0 CHF fixed) | 240 CHF |
| Neon | ~0.80% | 480 CHF |
| Revolut (Standard) | 1% (beyond 1,000€) | ~480 CHF *Excluding 1% weekend markup |
| Yuh | 0.95% | 570 CHF |
| CA Next Bank | 1.25% (average) | 750 CHF |
| Banque du LĂ©man | 1.50% | 900 CHF |
| UBS | 1.70% + 3 CHF/month | 1,056 CHF |
Exchange your CHF to EUR quickly and easily with ibani. Enjoy a secure app, real-time market rates, and a Swiss IBAN in your name for smooth and automated transfers. Save up to 10 times the fees charged by banks.
Watch the videoIt's free and simple to use.
Choose the currency you have and the one you want to exchange it for.
Enter the destination bank account details where you want the converted funds to be sent.
Get a unique Swiss IBAN for your new transfer route.
Transfer funds to this IBAN at any time. We'll convert them and send them to their destination as soon as we receive them.
You are an expat or a cross-border worker? Our dedicated Swiss IBANs allow you to receive your salary without a Swiss bank account, convert it at the best exchange rate and get it back home in a super easy, automated, fast and secure way. We even take care of paying your Swiss invoices!
ibani for cross-border workersYour company transfers money in different currencies? If you make your transfers with your bank, you are paying excessive exchange fees.
By using ibani, you save significant amounts of money on those transfers, without having to change how your work to:
If you need to transfer money in another currency, ibani helps you pay the lowest exchange cost possible. Here are a few examples that we deal with every day:
For international talent residing in the Eurozone and working in Switzerland (e.g., Geneva, Zurich, Basel, Vaud), currency exchange is a monthly necessity. Transferring your salary from Swiss Francs to Euros via a traditional bank often entails high invisible costs due to hidden margins and international wire fees.
By using a specialized currency converter like ibani, you bypass these excessive charges. Thanks to the dedicated Swiss IBAN (CH) we provide, your employer can pay your salary directly into Switzerland with zero local transfer fees. We then apply one of the market's most competitive exchange rates (interbank rate plus a minimal fixed margin) and transfer the Euro equivalent directly to your European bank account (SEPA).
Whether you need to repatriate your Swiss income, make a property down payment back home, or simply optimize your monthly revenue in 2026, comparing and mastering your CHF/EUR exchange rate is vital to increasing your purchasing power. For complete details, see our expert guide on how and why to exchange currencies online.
The exchange rate between the Swiss Franc (CHF) and the Euro (EUR) is one of the most closely monitored monetary indicators in Europe. Its dynamics are primarily dictated by the relationship between two major central banks: the Swiss National Bank (SNB) and the European Central Bank (ECB).
Historically, the CHF has enjoyed a strong safe-haven status. During periods of global crisis (geopolitical uncertainties, Eurozone debt crises, inflationary spikes), international investors heavily buy Swiss francs. Simultaneously, the SNB maintains a rigorous policy to contain imported inflation. When inflation rises in Europe, the SNB tends to accept (and even encourage) a nominal appreciation of the CHF against the euro to cushion the extra cost of foreign imports, consistently reinforcing Swiss purchasing power.
Over the long term, Switzerland's solid structural fundamentals—low public debt, significant current account surplus, and strong employment—cement the Franc's advantage. However, professionals and individuals must often monitor interest rate differentials, because if the ECB maintains much higher rates than the SNB, the gap can momentarily weaken upward pressure on the franc.
Want to anticipate rate trends?
View our CHF/EUR ForecastsOver the past two decades, the CHF/EUR parity has witnessed drastic interventions. Here are the key dates to remember:
It is recommended to follow the CHF/EUR interbank exchange rate closely. Because the Swiss Franc (CHF) is considered a "safe haven" asset, its rate regularly appreciates during times of economic instability within the Eurozone or inflationary events. Use our real-time rate chart above to pinpoint favorable peaks.
With ibani, the process is fully automated. Upon registration, you are given a genuine "CH" IBAN. Provide this to your Swiss employer's HR department. As soon as your salary in CHF is credited to this IBAN, the funds are automatically converted to EUR in real-time and dispatched instantly to your standard bank account in Europe.
The strength of the Swiss franc is explained by several converging factors: the SNB's strict monetary policy aimed at limiting imported inflation, the strong historical and budgetary stability of the Swiss economy, and its unwavering status as a safe haven in times of global crises.
With parity in favor of the Franc (1 CHF buys more than 1 EUR) now being the historical norm, the exchange favors Franc holders mathematically. Macroeconomic fluctuations dictated by the ECB justify staying tuned to signals to target new records.
Written by Brice DELHOME
ibani SA is a FinTech company established in 2018 in Geneva, Switzerland. We are an audited financial intermediary, with a track record of thousands of clients and transactions.
ibani SA is affiliated to SO-FIT, a financial intermediary within the meaning of article 2 para. 3 of the Anti-Money Laundering Act (AMLA).
SO-FIT is a self-regulatory organization recognized by the Swiss Federal Financial Markets Supervisory Authority (FINMA).
Our dedicated team is here to assist you via email or by phone (Monday to Friday). You can also reach out to us on Facebook, Instagram or Twitter.
Please note that we are unable to accept clients coming from the following countries: USA, China, Afghanistan, Bahamas, Botswana, Bosnia, Cambodia, Cuba, Ethiopia, Ghana, Guyana, Iraq, Iran, Laos, North Korea, Pakistan, Sri Lanka, Sudan, Syria, Trinidad and Tobago, Tunisia, Uganda, Vanuatu, and Yemen.
