The real CHF/HKD rate
The interbank (mid-market) rate, with no inflated margin hidden in the displayed rate.
Change your Swiss francs (CHF) into Hong Kong dollars (HKD) at the real interbank rate, in real time. Ideal for paying a supplier, funding studies or sending money between Switzerland and Hong Kong — with a margin from 0.40% and no hidden fees.
The essentials to change your CHF into HKD with no nasty surprises on the rate or the fees.
The interbank (mid-market) rate, with no inflated margin hidden in the displayed rate.
Transparent and sliding, up to 10× cheaper than a bank. No hidden fees.
Fund your account in CHF from Switzerland; ibani converts and sends the Hong Kong dollars to the beneficiary.
ibani SA, founded in Geneva in 2018, a financial intermediary affiliated with SO-FIT, recognised by FINMA.
On a transfer of 10'000 CHF to Hong Kong, the margin applied to the rate makes all the difference to the amount received.
| Criterion | ibani | Bank | Exchange office |
|---|---|---|---|
| Starting rate | Real interbank | "In-house" rate | "In-house" rate |
| Exchange margin | From 0.40% | ~1.5 to 2% | Often > 2% |
| Transfer fees | 0 CHF* | Variable | — |
| Estimated cost per transfer* | ~40 CHF | ~180 CHF | > 200 CHF |
| 100% digital tracking | Yes | Partial | No |
*Indicative orders of magnitude for a transfer of 10'000 CHF to Hong Kong. Transfers in currencies other than CHF and EUR may be subject to correspondent bank fees. See the details on our Rates page.
Follow the trend of the pair to choose the right moment for your exchange.
Indicative amounts, ibani margin included, updated continuously.
100% digital sign-up in 5 minutes, with no opening or account maintenance fees.
Fund it by transfer in CHF from your Swiss bank and enter the beneficiary account in Hong Kong.
ibani converts your CHF into HKD at the market rate and sends the funds to Hong Kong, with no hidden fees.
The rate between the Swiss franc (CHF) and the Hong Kong dollar (HKD) pits two opposing monetary logics against each other: a floating currency, a safe-haven asset steered by the Swiss National Bank (SNB), and a currency pegged to the US dollar, framed by the HKMA (Hong Kong Monetary Authority).
Since 1983, Hong Kong has operated a Linked Exchange Rate System based on a currency board: the HKD is kept within a narrow band of 7.75 to 7.85 Hong Kong dollars per 1 US dollar. The HKMA defends these bounds through convertibility undertakings and an automatic adjustment of interest rates, with no appreciation leeway specific to the currency. As a result, the HKD tracks the greenback very closely: the CHF/HKD pair behaves, give or take, like the CHF/USD rate.
In practice, the CHF/HKD dynamic depends mainly on the relationship between the SNB and the US Federal Reserve: interest rate differentials, the Swiss franc's safe-haven status in times of uncertainty, and the strength of the US dollar on global markets. For a payment bound for Hong Kong — supplier, investment, expatriation or tuition costs — a few basis points on the rate can represent a noticeable difference in the amount received.
Written by Brice Delhome.
There is no universal ideal moment. As the Hong Kong dollar is pegged to the US dollar, the CHF/HKD rate largely follows the movement of the Swiss franc against the greenback, itself driven by the SNB (Swiss National Bank) and the US Federal Reserve. Monitor the real rate continuously and trigger your exchange at the moment that suits you.
With ibani, you get a personal Swiss (CH) IBAN. You transfer your Swiss francs to it, ibani converts them into Hong Kong dollars at the real market rate then sends the funds to the beneficiary account in Hong Kong, with no hidden fees.
Since 1983, the HKMA (Hong Kong Monetary Authority) has operated a Linked Exchange Rate System based on a currency board: the Hong Kong dollar is kept within a narrow band of 7.75 to 7.85 HKD per 1 USD through convertibility undertakings and an automatic adjustment of interest rates. This stability makes the CHF/HKD pair an almost direct reflection of the CHF/USD rate.
ibani applies a transparent margin from 0.40% on the real interbank rate, decreasing with amounts. There are no opening or account maintenance fees. Transfers in currencies other than CHF and EUR may be subject to correspondent bank fees.
✓ Real interbank rate · ✓ Margin from 0.40% · ✓ Affiliated with SO-FIT (SRO)
* Transfers in currencies other than EUR and CHF may be subject to correspondent bank fees.
Your money is handled with the utmost regulatory rigour.
ibani SA is a FinTech company established since 2018 in the heart of Geneva, Switzerland. We are a financial intermediary audited for our activity, with thousands of clients and exchange operations to our name.
ibani SA is affiliated with SO-FIT as a financial intermediary within the meaning of Article 2 para. 3 of the Anti-Money Laundering Act (AMLA). SO-FIT is a self-regulatory organisation recognised by the Swiss Financial Market Supervisory Authority (FINMA).