Payment transactions in multiple foreign currencies
Do you receive payments in AUD, CAD, DKK, GBP, JPY, NOK, SEK or USD? Do you make payments to international suppliers? With a foreign currency account, you can avoid unnecessary exchange rate costs and simplify your ac-counting.
A business account in foreign currency is suitable for companies that regularly process payments in multiple foreign currencies. Under “Show more”, you will find scenarios to help you decide whether this account is right for your business model.
Example: suppliers or customers in the USA, the UK or Asia.
Example: international retail, digital services, exports.
Example: growth, rising international revenues.
Account management for business customers with fewer than 60,000 transactions within Switzerland |
CHF 2 per month |
|---|---|
Additional fee for customers domiciled abroad |
CHF 25 per business account and month |
You can choose the interval at which you receive your account statement. The costs depend on the notification cycle and whether you would prefer to receive statements in e-finance or on paper.
Electronic account statement (in e-finance) |
Free of charge |
|---|---|
Account statement on paper |
CHF 3 per document |
Australian dollar (AUD) |
0.00% |
|---|---|
Canadian dollar (CAD) |
0.00% |
Danish krone (DKK) |
0.00% |
British pound (GBP) |
0.00% |
Japanese yen (JPY) |
0.00% |
Norwegian krone (NOK) |
0.00% |
Swedish krona (SEK) |
0.00% |
US dollar (USD) |
0.00% |
If you regularly receive or make payments in AUD, CAD, DKK, GBP, JPY, NOK, SEK or USD and want to avoid ex-change rate costs.
The amount is automatically converted into CHF – at the current exchange rate and without you having any influence on the time of conversion.
Yes, even just a few large payments per month can be enough to make a foreign currency account worthwhile. The key factor is not so much the number of transactions, but the amounts and their regular conversion into CHF. If you receive or pay recurring amounts in foreign currencies, you can avoid unnecessary exchange rate costs by holding the currency.
By keeping payments in the original currency and making payments directly in that currency.
Yes. You can hold multiple currency accounts at the same time as your CHF account. A separate account is required for each currency.
A foreign currency account is not just for large companies. In particular, it benefits small SMEs, agencies, consulting firms or online retailers with international customers, as it allows them to avoid exchange rate losses and simplify their accounting. In fact, the benefits are often felt more quickly by smaller companies.
If your invoicing and payments are exclusively in CHF or you only very rarely receive individual payments in foreign currency, a foreign currency account is usually not needed. In such cases, automatic conversion via your CHF account is sufficient.
The available currencies are AUD, CAD, DKK, GBP, JPY, NOK, SEK and USD.
Without a foreign currency account, payments in foreign currencies are automatically converted into CHF or EUR at the daily rate. This can have an impact on the actual amount. With a foreign currency account, payments remain in the original currency – conversion only takes place if you initiate it yourself.
Are you not yet a business customer? Arrange an appointment online now and open your business account in your chosen foreign currency.
Do you already use the e-finance login for a business account? Log in to open another business account in your chosen foreign currency in just a few minutes.
Are you already a business customer? Give us a call. Our employees will open your business account for you in the desired foreign currency.
+41 58 448 14 24
Monday
to Friday: 8 a.m. to 8 p.m.
Saturday: 8 a.m. to 5 p.m
