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Can I have my own bank convert my home currency into the investment currency(ies)?

April 26, 2017Bank convert currency Home ies Investment

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Can I have my own bank convert my home currency into the investment currency(ies)?

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Yes, your home bank can convert your home currency and make a Swiss franc or other currency transfer to Switzerland. However, experience has shown that this method is more costly (because of fees and less attractive exchange rates) than if you send your home currency funds directly to the insurance company and have them execute the currency exchange for you.