Bank of Melbourne AUD to CHF Transfers Compared

   

AUD has gained strength, currently trading at 0.5333 against CHF, up 1.8% from the 3-month avg. Strong household spending and GDP growth signal a hawkish shift from the RBA, while CHF remains under pressure amid trade concerns and SNB's steady rates. Analysts expect AUD to outperform CHF in the near term

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What is the Bank of Melbourne Send Money conversion rate for AUD to CHF?

The Bank of Melbourne AUD to CHF exchange rate is 0.5188. This is -2.2% compared to the latest AUD-CHF mid-market rate 0.5305.

As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Australian dollar (AUD) to Swiss franc (CHF) rates from different sources before making a conversion.

The above Bank of Melbourne - Aussie to Franc comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Bank of Melbourne and other foreign exchange providers against the latest AUD-CHF mid-rate and the possible savings of using various providers. 

How do Bank of Melbourne AUD-CHF rates compare between providers?

Looking at the full AUD to CHF - Send Money comparison table the provider with the best AUD to CHF exchange rate is OFX at 0.5278, -0.51% from the latest mid-market rate 0.5305.

The next best is Wise at 0.5277, -0.53% from the mid-rate.

Then XE at 0.5273, which is -0.6% from the mid-rate.

The Western Union rate is 0.5252 which is -1% from the mid-rate.

Among the banks the Commonwealth Bank rate is 0.5058 at -4.7% the ANZ Bank rate is 0.5152 at -2.9% and the ING Bank rate is 0.4918 at -7.3% compared to the mid-rate 0.5305.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Bank of Melbourne often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.