Banking · Lesson 3 of 5

Payment Systems & Multi-Currency

SEPA, SWIFT, and managing international payments

Swiss Payment Infrastructure

Switzerland has its own advanced payment infrastructure, partially integrated with the EU SEPA system:

  • SEPA Credit Transfer: Available for EUR payments within the SEPA zone (Switzerland participates)
  • SIC (Swiss Interbank Clearing): Real-time CHF payments within Switzerland
  • SWIFT: For international payments outside SEPA

Multi-Currency Accounts

Most Swiss corporate banks offer multi-currency accounts allowing you to hold CHF, EUR, USD, GBP, and other currencies simultaneously. This is essential for international businesses to manage FX risk.

CHF Stability

The Swiss Franc is one of the world's safest currencies. Swiss companies holding cash in CHF benefit from minimal inflation risk. However, CHF tends to appreciate over time — relevant if your revenues are in EUR or USD.

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