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Re: swiss-list: UBS money transfer

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Re: swiss-list: UBS money transfer

From: Jean-Jacques Monnat <click for textversion of email address >
Date: Tue, 26 Feb 2002 22:06:56 -0800
X-Mailer: Microsoft Outlook Express 5.50.4522.1200

> My short experience is that most US banks will charge you more on exchange
> rates than Swiss banks. What may appear like a good deal, like C2IT with
> Citibank, is in fact a disguised way to collect $$ on the exchange rate with
> an additional low fee upfront. Read the fine print, do the math... and
> evaluate. C2IT has a maximum transfer amount of USD 2000.- every four
> business days.

Western Union has a better rate than c2it, but the fee is too
high and you can transfer max 500$
a month with WU.

> A typical Swiss bank like UBS will charge you a CHF 10.- fee to cash a paper
> check drawn on a US bank, and give you very good exchange rates (buy vs..
> sell).

Can you explain in details how you would do that ?
Especially how to cash a USD check in a Swiss Bank in the US.

Maybe someone from UBS/CS or so could promote and explain this.

Thanks
Jean-Jacques

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Received on Wed Feb 27 2002 - 12:38:42 PST

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