Home / Europe / Converting Swiss Franc · Updated 11 March 2026

Converting
Swiss Franc (CHF).

Converting EUR to Swiss Franc (CHF) at an EU neobank is the same mechanic as exchanging or buying — a foreign-exchange transaction priced against a reference (mid-market) rate. The neobanks that quote the mid-market rate explicitly and itemise the fee deliver the lowest all-in cost.

3Top picks

2With full DGS

SNBRegulator

CHF 100,000esisuisse ceiling

Top pick · Converting CHF

Wise

The global benchmark for transparent, low-cost international transfers — always at the real exchange rate with no hidden markups; 4.3/5 Trustpilot from 220K+ reviews confirms industry-leading trust

Licence E-money

Pricing Paid

Open Wise →Ad Wise review →

The picks

Best neobanks for converting CHF.

Wise The global benchmark for transparent, low-cost international transfers — always at the real exchange rate with no hidden markups; 4.3/5 Trustpilot from 220K+ reviews confirms industry-leading trust

E-money Safeguarded

Paid Standard

4.3 /5

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Revolut The most feature-rich neobank globally — combining banking, investing (stocks, crypto, commodities), and travel perks in a single app, with the widest currency support (120+) and 65M+ customers

Full bank €100k DGS

Free Standard

4.7 /5

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bunq Europe's second-largest neobank by deposits (€8B+) with the most granular IBAN-per-sub-account architecture; first new fully licensed bank in the Netherlands in 38 years; strong sustainability angle

Full bank €100k DGS

Free Standard

4.2 /5

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How it works

The mechanics of converting CHF from Europe.

How CHF converting actually works

Wise converts EUR to CHF at the mid-market rate with a disclosed transaction fee — typically 0.4–0.6% all-in for major corridors. Revolut Standard converts free within its monthly FX allowance (€1,000), then applies a 0.5% spread; Premium and Metal tiers extend the free allowance. Bunq Premium offers free unlimited FX at mid-market for its supported currencies. Trade Republic auto-converts at competitive rates for CHF-denominated brokerage trades.

Watchouts and hidden costs

Revolut Standard adds a 1% weekend FX markup — execute conversions in business hours to avoid it. Some EU neobanks (challenger consumer-bank products) quote conversion rates that include a 1.5–2% hidden spread — verify against the mid-market on Wise's rate page or XE before committing.

FAQ

converting CHF: common questions.

What's the best EUR to CHF conversion rate at an EU neobank?

Wise consistently delivers the closest-to-mid-market EUR/CHF rate. Revolut Standard within the free-FX allowance is competitive. Bunq Premium offers free unlimited mid-market FX for supported currencies. Compare the all-in cost (rate + fee) across providers before larger conversions.

Is there a conversion fee at most EU neobanks?

Wise itemises the fee transparently (typically 0.4–0.6% for EUR/CHF). Revolut Standard is free within the monthly FX allowance; Premium/Metal extend the allowance. Bunq Premium is free unlimited within supported corridors. Always check the all-in cost (rate + fee), not just the headline.

How accurate is the EUR/CHF rate displayed in the app?

Wise displays the mid-market rate accurate to live market data. Revolut and Bunq display their own internal rate, which may include a small spread vs mid-market — verify against a reference source for material amounts.

Safety first

Is CHF actually protected at an EU neobank?

esisuisse covers eligible deposits up to CHF 100,000 per depositor per institution. Not every neobank holding CHF qualifies — EMIs (Wise) safeguard funds, which is structurally different from deposit insurance. Read the distinction in Deposit protection guide.