When and Why USD Is Exchanged for CHF
The main scenarios are paying rent for housing or an office in Switzerland, covering tuition at Swiss universities, purchasing real estate, and transfers from employers paying in USD to employees receiving salaries in CHF. Switzerland is not a member of the European Union and does not use the euro, so even the familiar route of "converting to EUR, then withdrawing in Switzerland" does not work here without additional losses. A direct USD to CHF exchange through ATM24 is a more straightforward path without intermediate conversions.
Features of the USD/CHF Pair for Settlements
The USD/CHF pair has historically stayed near parity - meaning one franc costs roughly the same as one dollar - but this is only a reference point, not a constant. In practice, the rate fluctuates, and with large amounts, a difference of a few centimes per franc produces a noticeable result in absolute numbers. If you plan regular CHF payments, it makes sense to discuss a convenient arrangement with an ATM24 manager: one-off exchanges or a series of transactions on an agreed schedule.
How ATM24 Works with the USD/CHF Pair
You contact the manager via WhatsApp or Telegram, specify the amount, and he locks in the rate and the final CHF amount before payment. No after-the-fact adjustments: what is agreed is what you get. For clients in different time zones - North America, Europe, Asia - the ATM24 team works at a time convenient for you.
