Does Switzerland Accept Euro?

No, Switzerland does not officially accept the euro. The official currency of the country is the Swiss Franc (CHF).

In this article, we’re exploring whether Switzerland accepts the euro. We’ll share details on the monetary units accepted in Switzerland, the official currency of Switzerland, where you can exchange your money for Swiss Francs, and answer common questions we receive from people exploring this topic.

This article is part of our free series on Switzerland’s official currency. You can access this series right now by using the link above.

In addition to detailed account opening guides, this free series on Swiss banking also discusses the largest banks in Switzerland, Switzerland’s opening requirements, the costs of banking in Switzerland, and much more. Use the link above to start exploring all of your free Swiss banking content right now.

Alternatively, use the table of contents to continue exploring more information on whether Switzerland accepts the Euro.

Table of Contents

  1. Does Switzerland Accept Euro?
  2. Frequently Asked Swiss Banking Questions
  3. Do You Want to Open a Switzerland Bank Account?

Does Switzerland Accept Euro?

No, Switzerland does not officially accept the euro as its currency. The Swiss Franc (CHF) is the official currency of Switzerland. Certain tourist destinations in the country, including hotels, airports, and large tourism operators do accept euros and other major currencies. 

It’s important to note that when using foreign currencies in Switzerland, including the euro, it’s expected that vendors return your change in Swiss Francs.

We highly recommend converting your money to Swiss Francs, even though Switzerland does accept US dollars and the euro at large tourist operations.

Where Can I Exchange Euros for Swiss Francs in Switzerland?

You can exchange euros for Swiss Francs at most banks, currency exchange offices, airports, and some hotels in Switzerland.  The best location for you depends on the amount you want to exchange, the fees you’re willing to pay, and where in the city you are located.

Exchange rates and fees vary between each of these options. It’s important to compare the exchange rates and fees that each of these options charges before choosing which method to use.

If you are interested in learning more about banking in Switzerland, don’t forget to visit our comprehensive guide on banking in Switzerland, available in the link above.

Alternatively, if you would like to explore all of your offshore banking options, download our free guide and compare Switzerland to some of the top banking jurisdictions available.

Do You Want to Explore All Your Offshore Banking Options?

Frequently Asked Swiss Banking Questions

Below are a few of the most common questions we receive from people exploring if Switzerland accepts the euro. If you have further questions you would like answered, don’t hesitate to get in touch with us directly.

Can You Pay With Euro in Switzerland?

Certain establishments in Switzerland do accept euros, however, it is recommended you use the Swiss Francs when making a transaction. Individuals who do use euros to make a transaction will receive their change in Swiss Francs.

What Is the Best Currency to Take to Switzerland?

The best currency to take to Switzerland is the Swiss Franc (CHF). The Swiss Franc is the official currency of Switzerland and using Swiss Francs ensures smoother transactions. We highly recommend exchanging your money for CHF before (or upon) arriving in Switzerland.

Can You Use US Dollars in Switzerland?

No, you cannot use US dollars in Switzerland. Switzerland’s official currency and only legal tender of the country is the Swiss Franc (CHF). You can convert USD to CHF at major banks, currency exchange offices, and some hotels in Switzerland.

Why Euro Is Not Used in Switzerland?

The euro is not used in Switzerland mainly because Switzerland is not a member of the EU. Switzerland is an independent country and uses it’s own currency, the Swiss Franc (CHF).

Do You Want to Open a Switzerland Bank Account?

If so, you can access GlobalBanks IQ and start the process of applying in Switzerland in a few clicks.

GlobalBanks IQ is our flagship international bank account opening solution. It gives you instant access to the…

+ Expert insights on which banks to choose & why

+ Step-by-step reports to open bank accounts in the best banking hubs

+ GlobalBanks international bank database & detailed bank profiles

+ Tried & tested banks for high-risk, offshore, & non-resident clients

+ Plus, get YOUR most pressing bank account opening questions answered by our team!

And “yes!” GlobalBanks IQ helps foreigners and non-resident individuals open bank accounts.

In fact, GlobalBanks IQ even helps non-resident, foreign & offshore entities open bank accounts.

To learn more about opening accounts with GlobalBanks IQ, use the link in the top menu. Or, contact us directly with any questions!

Share This Article on Your Favorite Platform
GlobalBanks Team
GlobalBanks Team

The GlobalBanks editorial team comprises a group of subject-matter experts from across the banking world, including former bankers, analysts, investors, and entrepreneurs. All have in-depth knowledge and experience in various aspects of international banking. In particular, they have expertise in banking for foreigners, non-residents, and both foreign and offshore companies.

Sorry, but you cannot copy the content on this page.