CHF exchange rate to GBP

CHF exchange rate to GBP

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ChrisSass
ChrisSass
23 posts
new member
Aug 11, 2017 - 9:11 AM

What is the GBP Pound Getting in Switzerland at the moment

Currently it's between £1=CHF1.20 TO CHF1.23 Depending where you shop

Lucas
Lucas
8928 posts
expert &
moderator
Aug 11, 2017 - 9:37 AM in reply to ChrisSass

Hi Chris,

We have a link here about the Swiss Franc currency. Currently the website we use shows the Swiss Franc at 1 GBP = 1.26 Swiss Franc

Lucas

Last modified on Aug 11, 2017 - 9:41 AM by Lucas
ChrisSass
ChrisSass
23 posts
new member
Aug 11, 2017 - 3:54 PM in reply to Lucas

Cheers Lucas just want to see what the difference is between what we can get in U.K compared to in Switzerland.

Thanks from Chris

Lucas
Lucas
8928 posts
expert &
moderator
Aug 11, 2017 - 4:18 PM in reply to ChrisSass

ah yes, I'm not sure what the banks and exchange companies are offering at the moment...it won't be 1.26!

I usually find simply withdrawing money from an ATM is the best option.

Lucas

ChrisSass
ChrisSass
23 posts
new member
Aug 11, 2017 - 5:41 PM

Best rate in U.K Toady £1 = CHF 1.237

Slowpoke
Slowpoke
5010 posts
expert
Aug 11, 2017 - 9:36 PM in reply to ChrisSass

H Chris-

I tend to use ATM's, because I have two credit cards - one is an AMEX, one from Chase bank -- that give good rates, consistently only about 2.7% above bank rates of the amount. In their favor, of course.

Those same cards don't charge a fee for overseas purchases. The days of 3USD fee for every transaction on US cards are essentially finished. That was bizarre, at times. For reasons that were not clear to me, if I put a tip (not needed, but sometimes I did it when the service was special) on a meal bill at the Zeughaus keller in Zürich...perhaps for 2 or 3 CHF, I'd find that Zeughauskeller separated the tip transaction from the meal transaction. My AMEX card would show two transactions, both at a reasonable exchange rate, but both with a 3USD fee. So, I sometimes paid a 3USD fee on a 2.50 USD transaction. I learned to tip in cash.

Rates at Swiss train station SBB exchanges are usually OK, and you can go to a Swiss Bank, as well. One or two on every corner in the big cities. (Just joking, but they are common.)At one time, all those rates were regulated and the same at every bank. Don't know the rules today, but the banks use reasonable rates.

One thing I have learned, by being forced to change a small amount for pocket money before I left the USA for some country or another. That is- avoid Travelex . They charge consitently exorbitant rates, and i confirm that every time I chat with one of their staff at any of their booths in airports.

Although most places in Switzerland accept credit cards these days, that is a quite recent phenomenon, and some will only take cash. More common outside the major tourist ares, but sometimes I'm surprised. So, I carry some cash.

Slowpoke

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