How to send money to Switzerland from India with the best INR-CHF rate

Comparing providers offering services between India and Switzerland, based on your specific needs is the best way to send money with confidence.

Right now, for INR/CHF

• Wise is our top choice for INR to CHF transfers. Sending 600,000 INR to CHF will cost you ₹7122.22 in fees, and you will receive 5,063.93 CHF. The delivery time usually is next day, but it depends on the day you make the transfer.

• Currencies Direct offers the lowest cost transfers of the 2 compared. Data collected for transfers between India and Switzerland over the past week shows that Currencies Direct is 6.05% cheaper than the second-best option.

• Of 2 companies compared, Currencies Direct offers the quickest way to send Indian Rupees to Switzerland is with minutes - 24 hours. When speed matters, Currencies Direct is our recommended choice for sending into Switzerland from India.

Our comparison includes 2 companies that provide the ability to send Indian Rupee to Switzerland.

This ensures you get the best options for transfers to Switzerland from India, based on the amount you want to send.

The exchange rate determines the price you’ll pay for Swiss Franc when sending Indian Rupee to Switzerland.

The rate between the Indian Rupee and Swiss Franc is currently 0.0086.

The total cost of money transfers from India to Switzerland is a combination of fees and exchange rates. Get the best of both, and you will be getting a good deal.

• The Mid-Market and Exchange Rates: The mid-market rate for INR-CHF is currently 0.0086 CHF per Indian Rupee. Providers offering services closer to this rate will ensure more Swiss Franc for your Indian Rupees.

• Fees: Transfer fees are charged alongside a transfer. The company offering the lowest fee is Currencies Direct, charging 0 INR per transfer. In all cases, we recommend searching for your exact send amount as fees may change.

• Amount Received: Money transfer companies will show you the amount eventually received in Swiss Franc. Simply, the higher the amount received in India, the lower the cost of sending from Switzerland.

Sometimes, waiting a day or two can help you get more CHF for the same amount of Indian Rupee. Using a forward contract that also allows you to lock in an agreed exchange rate between India and Switzerland.

Sending money via a bank transfer is the recommended option for sending money from India to Switzerland.

Here are all the ways to send money from India to Switzerland:

Bank transfers

Paying via a bank transfer is often the better option for sending money from India to Switzerland.

By using a money transfer company such as Currencies Direct for transfers from India to Switzerland, you can send money and while benefit from lower fees and more favorable exchange rates than you would get with a traditional bank. 


Debit and prepaid cards

Sending money from India to Switzerland with a debit or a prepaid card is easy with .


is a one of the better options in the market for international debit card transfers from India to Switzerland.

Credit cards

Not many money transfer companies offer direct credit card deposits, because it is more expensive for everyone (especially with high cash advance fees).

We recommend using a bank transfer or a debit card transfer if you can; otherwise, make a quick comparison to find the latest deal.

Some services between India and Switzerland have minimum or maximum thresholds on how much you can transfer. This is applies when receiving money in Switzerland as well.

Companies will offer different rates and fees for different transfer amounts. For regular transfers to Switzerland, use Wise. The combination of rates and fees when sending from India to Switzerland is the most competitive, even at larger amounts.

Also, always check with the recipient and understand any declarations needed on large amounts of money leaving India, or entering Switzerland. Mis-understanding these could result in a slower, or even failed, transfer.

There are different ways to receive Swiss Franc in Switzerland. This includes a direct bank deposit, cash pickup, a mobile wallet or receiving money into a multi-currency account.

Not all providers serving transfers from India to Switzerland will offer every method for incoming Swiss Franc, so it’s best to check ahead of time.

One of the more common ways to transfer from India into Swiss Franc is directly into a bank account. Wise is the best company for bank transfers between India and Switzerland.

And if you need cash right away, check if cash pickup is an option for transfers between India and Switzerland.

Mobile wallet services and payment apps like PayPal, Xoom, and CashApp are popular too, but they come with more limitations and higher costs compared to money transfer providers like Currencies Direct.

When signing up to and sending Indian Rupee to Switzerland, through a money transfer company, you will have to verify your ID.

The precise documents you need will vary and in some cases you will need more than one.

For the most part however, in India this will be a government issued ID such as a passport or driver's license. In Switzerland it will be similar, although this should only be needed if you are opening a new account in Switzerland, or collecting in cash. Sending to an existing bank account in Switzerland shouldn’t require any additional ID checks.

Large transactions between India and Switzerland, are subject to additional checks. A provider may ask you for proof of address or may want to carry out a proof of funds check.

One of the reasons Wise has scored so highly for transfers to Switzerland is their easy sign up process in India.

When sending large amounts of money between India and Switzerland there will potentially be a tax declaration to consider.

Some transfers into Swiss Franc may need to be reported to tax authorities in Switzerland, particularly where inheritance or property purchases are involved.

Tax limits and personal allowances will change in Switzerland based on age, income and a few other elements. When in doubt, please contact a tax professional in India or Switzerland to discuss your personal circumstances.