Buying travellers cheques in Switzerland

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  • BenutzernameMoneyland User Questions
  • Status Member
  • Registriert seit1/27/17
  • Beiträge2142

Where can I buy travellers cheques in Switzerland? I have always used travellers cheques for international travel and have been very happy with the service.

 
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  • BenutzernameMoneyguru von moneyland.ch
  • OrtSchweiz
  • Status Expert
  • Registriert seit8/4/15
  • Beiträge4079

Swiss Bankers, which previously issued its own travelers checks as well as American Express travelers checks, stopped issuing travelers checks some time ago due to low demand.

Currently, no international travelers checks are issued in Switzerland, although many Swiss banks will cash travelers checks from American Express without charge (a small fee may be charged when cashing travelers checks from other issuers).

Bank checks issued by major Swiss banks are widely accepted abroad, but the cost of getting these from your bank can be high (find more information here). An alternative is to take foreign currency with you in cash. Read our guide to saving on foreign currency exchange for more information.

Maestro debit cards provide a fairly secure and affordable alternative to travelers checks for accessing money while traveling. However, you must ask your bank to lift geoblocking restrictions ahead of your trip.

Credit cards and prepaid cards are becoming more widely accepted in many countries and can be used to make payments at merchants much like travelers checks. Just pay attention to foreign transaction fees. You can compare Swiss credit and prepaid cards using the unbiased moneyland.ch credit card comparison.

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Cheap bank accounts with card

Free bank account

Yuh

  • No account fees

  • Banking partner: Swissquote & Postfinance

  • CHF 20 trading credit with code «YUHMONEYLAND»

Swiss digital bank

Radicant

  • High interest on your everyday account

  • Best exchange rates

  • Up to 1% of card spending as saveback in the investment portfolio

Swiss Bank

Bank WIR Bankpaket Top

  • Free account & card

  • No exchange fees for foreign payments (interbank exchange rates)

  • 24 ATM withdrawals worldwide per year free of charge

Swiss digital bank

Alpian

  • CHF 100 welcome bonus

  • Favorable foreign exchange rates

  • Multi-currency account with Visa card (CHF, EUR, USD, GBP) 

Online private account

UBS key4

  • 50 KeyClub points as a welcome gift

  • Online private account with debit card

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