Giro international

Transfer money to an account abroad

Transfer money to an account abroad easily with Giro international. You can choose yourself how quickly the recipient will receive the money. Within the Single Euro Payments Area (SEPA), credit transfers with e-finance are free.

Giro international: for credit transfers across borders

  • Worldwide credit transfers in e-finance, as a paper single or standing order, or at your post office

  • Free euro credit transfers as per SEPA standard in e-finance

  • Generally credited to the recipient institution within two to four working days

  • “Urgent” option for urgent credit transfers in EUR, USD and CHF

  • You transfer the amount from your private account

    • In e-finance as an international payment
    • In writing with a payment or standing order and Giro international form
    • As an inpayment at your post office (valid identification document required for cash payments)

    Payment currency

    You decide in which currency the amount should be credited abroad. Standard procedure is for the amount to be converted into the currency of the destination country. Crediting the amount in CHF (payment currency CHF) is worthwhile only if the end beneficiary’s account abroad is a CHF account.

    Credit transfer duration

    • Giro international SEPA: credit within a maximum of 1 bank working day as of the debit date
    • Giro international worldwide: within 2–4 working days
    • Giro international URGENT: generally on the same day, best possible execution. Some recipient banks may not execute the credit immediately. This is beyond PostFinance’s control.

    IBAN (International Bank Account Number) and BIC (Bank Identifier Code)

    SEPA payments can be executed exclusively with an IBAN – the BIC does not have to be provided anymore. For other transfers, the account number and the BIC or a country-specific code are mandatory. A Giro international (without urgent) to the USA, Canada, Australia, India and China requires a country-specific code if the payment currency matches the currency of the country of the recipient bank. Countries for which the IBAN is mandatory are marked in the IBAN country list.

    PostFinance’s BIC is POFICHBEXXX

  • Basic rates for credit transfers in e-finance or with a written payment or standing order

    Credit transfer type
    Price
    Credit transfer typeCredit transfer in e-finance within the SEPA area
    PriceFree of charge
    Credit transfer typeCredit transfer in e-finance for all other countries
    Price

    CHF 2

    CHF 12 (URGENT)

    Credit transfer typeCredit transfer by payment or standing order
    Price

    CHF 5

    CHF 15 (URGENT)

    Note: credit transfers with Giro international are automatically checked to ensure that they meet SEPA requirements.

    Basic rates for inpayments at the post office counter

    Inpayment type
    • Price
    Inpayment typeInpayment with PostFinance Card Direct
    Price
    • CHF 12
    • CHF 22 (URGENT)
    Inpayment typeCash inpayment
    Price

    CHF 20

    CHF 30 (URGENT)

    Note: cash inpayment includes a fee of CHF 8 from requirements associated with combating money laundering.

    Third-party fee regulation

    Giro international worldwide

    Fees charged to the recipient/shared cost
    Fees are incurred for credit transfers abroad, which may be charged by the banks involved. These fees are normally deducted directly from the amount. The beneficiary therefore does not receive the full credit transfer amount.

    Charges paid by the client (our cost)
    All third-party fees for transferring money to the recipient bank are payable by the client as part of a flat fee of CHF 20 (+ basic price). The recipient bank is credited with the full amount (see credit fees).

    Giro international SEPA

    Third-party fee payment is not possible as deductions from the credit transfer amount are not authorized.

    Credit fees

    Please note that recipient banks can charge their customers a fee for credits received via SEPA and for worldwide payments (irrespective of the charging option). This is beyond PostFinance’s control.

  • How long does a credit transfer take?

    • Giro international SEPA: within a maximum of one banking day from the debit date
    • Giro international: within two to four working days
    • Giro international urgent: generally on the same day; best-possible execution. Some recipient banks may not execute the credit immediately. This is beyond PostFinance’s control.

    How does third-party fee payment work with Giro international (SEPA)?

    With Giro international (SEPA) third-party fee payment is not possible as deductions from the credit transfer amount are not authorized.

    How does third-party fee payment work with Giro international worldwide?

    Fees charged to the recipient/shared cost: fees may be charged by involved banks for credit transfers abroad. These fees are usually charged to the beneficiary, i.e. fees are deducted from the amount. The beneficiary therefore does not receive the full transfer amount.

    Fees charged to the client/our cost: All third-party fees for transferring money to the recipient bank are payable by the client as part of a flat fee of CHF 20 (+ basic price). The recipient bank is credited with the full amount.

    What are the credit fees?

    Please note that certain recipient banks can charge their customers a fee for credits received via SEPA and for worldwide payments (irrespective of the charging option). This is beyond PostFinance’s control.

    What is the payment currency?

    You decide in which currency the amount should be credited abroad. Standard procedure is for the amount to be converted into the currency of the destination country. Crediting the amount in CHF (payment currency CHF) is worthwhile only if the end beneficiary’s account abroad is a CHF account. 

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