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Sending from

Send money from the Switzerland

Switzerland has the highest share of foreign-born residents in Europe — 25% of the population. Major communities include 320,000 Italians, 300,000 Germans, 270,000 Portuguese, plus growing Indian, Sri Lankan and Eritrean populations who remit regularly.

Annual remittance outflow: $30.0 billion (2023) — among world's top 5 senders per capita

Top corridors from Switzerland

Best providers for Switzerland senders

Regulations & Compliance

FINMA Supervision

All financial intermediaries in Switzerland must be authorised by FINMA (Swiss Financial Market Supervisory Authority) and are subject to the Federal Act on Combating Money Laundering (AMLA).

10,000 CHF Identification Threshold

Cash transfers over CHF 10,000 require full identity verification of the sender and beneficiary. The threshold for non-cash money transfer is CHF 1,000.

SIC vs SWIFT

Domestic CHF payments run on the SIC (Swiss Interbank Clearing) network. Outbound foreign-currency payments run on SWIFT, which adds 1–3 working days plus correspondent bank fees unless the provider absorbs them.

Frequently Asked Questions