In this article, we’re exploring what currency Switzerland accepts. We’ll share details on the type of banknotes and currency accepted in Switzerland 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 what currency Switzerland accepts.
Table of Contents
- What Currency Does Switzerland Accept?
- Frequently Asked Swiss Banking Questions
- Do You Want to Open a Switzerland Bank Account?
What Currency Does Switzerland Accept?
The currency that Switzerland accepts is the Swiss Franc (CHF). The Swiss Franc was established in 1850 as the official currency of Switzerland. The Swiss Franc has also been the official currency of Liechtenstein since 1920.
Some businesses and tourist destinations in Switzerland, including airports and hotels, do accept major currencies, such as Switzerland accepting US dollars and the euro. It’s important to note that most destinations if not all, return your change in Swiss Francs.
Where Can I Exchange Money Before I Travel to Switzerland?
Before you travel to Switzerland there are various locations where you can exchange your money. 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.
Most people exchange money at currency exchanges, branches of major banks, hotels, and airports.
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 what currency Switzerland accepts. If you have further questions you would like answered, don’t hesitate to get in touch with us directly.
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 and the only legal tender accepted in the country.
Can You Use the Euro in Switzerland?
Switzerland’s official currency is the Swiss Franc. The Swiss Franc is the only legal tender accepted in the country, however, some establishments and large tourism operators do accept euros. It’s important to note that your change will be returned to you in Swiss Francs.
What Is the Best Way to Pay for Things in Switzerland?
The best way to pay for things in Switzerland is by using Swiss Francs (CHF). The Swiss Franc is the official currency of Switzerland. Credit cards and debit cards are also widely accepted throughout the country, however, you might be charged foreign exchange fees for using them. It’s important to review the terms and conditions of your credit card before using it in Switzerland.
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!