Where is it best to exchange CHF to EUR as a cross-border worker? (cross-border guide)
Answered with official sources — Daily life, home and school
Updated 11 August 2026
Answer
Main options: (a) Italian ATMs withdrawing CHF (1-3% fees), (b) online exchange apps (Revolut, Wise — spread 0.3-0.5%), (c) private exchanges in Chiasso, Ponte Tresa (spread 0.5-1.5%), (d) Italian banks (spread 2-4%), (e) PostFinance CH and Italian multi-currency accounts (zero spread for business). Best to keep salary in CHF on a Swiss account and convert only what is needed for Italian expenses. Revolut and Wise exchange at «mid-market» rate with no fee under EUR 1,000/month. Cross-border workers can open Italian multi-currency accounts (Fineco, illimity) without being Swiss clients. Physical cash over EUR 10,000 must be declared (EU Reg. 1672/2018) source: Eur-Lex reg. 1672/2018.
Official sources
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The information on this page is for guidance only and does not replace personal advice from an accountant, lawyer or union office. Tax, social-security and permit rules change frequently: always verify with the official sources linked in each answer.