Swiss franc bank account alternatives in Australia

Get your own CHF account details with a Wise account. Hold, manage and spend 40 currencies & make transfers with the mid-market exchange rate.

Swiss franc bank account vs Wise account

If you need to send, receive, and hold CHF you may be able to open a Swiss franc bank account with your normal bank. That means you can transact in Swiss francs from wherever you call home, without needing a local address overseas.

Wise accounts are a great alternative. Use the Swiss franc details which come with a Wise account to safely receive money in Swiss francs, which you can convert to spend conveniently in Australia. Wise converts at the mid-market rate with no hidden fees.

Hold your funds in Swiss francs or 40+ other currencies in your Wise account, send payments to 160 countries, and get an optional Wise card, to spend and withdraw your Swiss francs easily in the currency of your choice.

The number of currencies you can receive money in depends on your location. Check which currencies you can receive.

Wise doesn’t accept cash or cheque payments. Read more about which types of transfers you can receive.

Available for you in Australia

Here are the products Wise offers: 

How to open Swiss franc account alternative with Wise

  • 1

    Create your Wise account.

    Register for an account for free in minutes.

  • 2

    Get verified.

    Get verified with your ID by our team.

  • 3

    Take on the world with Wise.

    Add money in Swiss francs or any of the other supported currencies you want.

Get your own Swiss franc bank details

A single Wise account lets you receive Swiss francs with local account details and IBANs for 9 currencies. Perfect if you live internationally, get paid by an employer overseas, or if you’re just lucky enough to have people abroad who want to send you money.

With a Wise account in Australia, you can get:

Spend in Australian dollars with ease.

Use your Wise debit card for payments and withdrawals when you travel or when you shop online with international retailers.

  • It’s free to spend currencies you hold in your account.
  • Save up to 5x when you spend internationally.
  • Make 2 withdrawals of up to 350 Australian dollar each month for free per account.*
  • Automatically convert your money at the mid-market rate with a small conversion fee — typically between 0.35% and 2%.
  • Spend safely online in 40 different currencies with a digital card.

*Wise will not charge you for these withdrawals, but some additional charges may occur from independent ATM networks.

Open Swiss franc business bank account alternatives

Make it easier for clients to pay from overseas, and cheaper to get paid in foreign currencies by PSPs like Stripe and marketplaces like Amazon. With Wise for business you can get your own unique account details for 9+ currencies — USD, GBP, EUR, CAD, AUD and more.

Add your local account details to invoices, or use them to withdraw funds from PSPs and marketplaces. Your customers can pay in the currency of their choice - and you can keep more of your money in the end. Everyone wins.

The number of currencies you can receive money in depends on your location. Check which currencies you can receive

FAQ