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Country Guide > Europe > Switzerland


Money

Currency
Swiss Franc (SFr) = 100 rappen or centimes. Notes are in denominations of SFr1000, 500, 200, 100, 50, 20 and 10. Coins are in denominations of SFr5, 2 and 1, and 50, 20, 10 and 5 centimes.

Eurocheques
Eurocheques are no longer guaranteed and and can not be accepted for encashments but may be useable for payments without the guarantee.

Currency exchange
Personal cheques within the Eurocheque system are accepted. ATMs provide a convenient means of obtaining Swiss Francs. There are Bureaux de Change at train stations and banks.

Credit & debit cards
American Express, Diners Club, MasterCard and Visa are widely accepted. Check with your credit or debit card company for details of merchant acceptability and other facilities which may be available.

Travellers cheques
Pound Sterling, US Dollar, Euro or Swiss Franc cheques are accepted at airports, railway stations and banks. To avoid additional exchange rate charges, travellers are advised to take travellers cheques in Pounds Sterling, Euros or US Dollars.

Currency restrictions
There are no restrictions on the import or export of local or foreign currencies.

Exchange rate indicators
The following figures are included as a guide to the movements of the Swiss Franc against Sterling and the US Dollar:
DateMay '04Aug '04Nov '04Feb '05
1.00=2.322.282.162.26
$1.00=1.291.241.141.19


Banking hours
Mon-Fri 0830-1630.
   
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