Some individuals are regularly exposed to foreign exchange risk, particularly cross-border workers who receive their salary in one currency and pay their basic living expenses (rent, bills, etc.) in another.
There are close to 180 currencies in the world – so how do you know which to choose for your investments? Investors often choose currencies like the Swiss franc, the Euro or the US dollar because of their stability.
Are you an expatriate in Switzerland or a cross-border worker who would like protection from exchange risk? Many individuals turn to the forward exchange service offered by their bank in the belief it will bring them risk-free savings. But it is unlikely to be the right choice. We explain why in this article.
Whether you’re a new arrival or a long-time Swiss resident, a loyal customer of your bank’s exchange service or curious about online exchange services – we share the five most common mistakes people make when exchanging money and ways to get it right.
Since 1 January 1973 and the signing of the free-trade agreement between Switzerland and the European Economic Community, Swiss and French businesses have enjoyed a legal framework that favors the development of mutually beneficial business relationships.
A system used around the world to streamline international import processes – HS codes enable goods to be precisely identified.
A strong currency and a safe haven investment, the Swiss franc (CHF) is key to the exchange market. Find out more about its history and main advantages.
Whether you want to exchange currency through your personal or business account, timing your transactions well is essential. But several questions emerge when it comes to knowing when to exchange currency.
In Switzerland, the VAT applies both within the country as well as internationally for companies engaged in importing.
Currency exchange, bank, or online exchange service? Find out where you should be changing your Swiss francs (CHF) into euros (EUR).
A safe haven investment is one whose value is stable, or increases, during major political, systemic or financial crises such…