With ibani, currency exchange is simple, transparent and at the right price. Our mission is to make you benefit of the best exchange rates possible and help you avoid the excessive fees charged by banks and money exchange offices.
Our only revenue comes from the lowest amount that we can possibly charge on each currency exchange operation in order to live. That amount, called an exchange margin, decreases with the amount of a transaction.
Our rates are identical for personal and business accounts.
Our margin is taken on the funds we receive from you. We have no control over possible fees charged upstream by your bank, therefore always check first their rates.
Opening a Swiss bank account| Transfer amount: | Our exchange margin: | Our transfer fees: |
|---|---|---|
| Below CHF 1,000 | 0.40% | CHF 6.00 Free |
| From CHF 1,000 to CHF 10,000 | 0.40% | Free |
| From CHF 10,000 to CHF 50,000 | 0.35% | Free |
| From CHF 50,000 to CHF 100,000 | 0.30% | Free |
| From CHF 100,000 to CHF 250,000 | 0.15% | Free |
| From CHF 250,000 to CHF 500,000 | 0.09% | Free |
| From CHF 500,000 to CHF 1 million | 0.05% | Free |
| Above CHF 1 million | Contact us | Free |
At ibani there is strictly no other fee for using our service. There is no commitment from you either, you are free to use it (or not!) as you wish.
Terms and conditions| Using ibani | |
|---|---|
| Mobile app | Free |
| Opening an account | Free |
| Keeping an account | Free |
| Closing an account | Free |
| Updating account info | Free |
| Creating an IBAN | Free |
| Number of IBANs | Unlimited |
When you compare different currency exchange services, don't stop at comparing the exchange margins. Check the actual exchange rate that you will get, that's often where hidden costs are hidden through inflated bid-ask spreads.
To make it easier for you, we have made the most comprehensive comparison possible of the most common options.
CompareNo, we haven't set any minimum amount. You can freely make transfers with the amounts of your choice.
No, there is no maximum either. However, for important volumes don't hesitate to contact us for a tailored execution.
Our FAQ gathers the most frequent questions that our clients ask us. Your question is probably answered there!
To the FAQIf you don't find the answer you're looking for, our team will help you by email, on the phone (Monday to Friday), on Facebook or on Twitter.
