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Compare today's ERN to CHF (Eritrean Nakfa to Swiss Franc) exchange rates

Eritrea
Switzerland
ERN
Interbank Exchange Rate: 1 ERN = 0.0536 CHF
Updated about an hour ago

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All you need to know about Eritrean Nakfa to Swiss Franc money transfers

Easily compare money transfer providers in one place to send money from Eritrea to Switzerland. Send money overseas to your loved ones by comparing Eritrean Nakfa (ERN) to Swiss Franc (CHF) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Were you looking to send money from Switzerland to Eritrea instead?

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.


Latest ERN to CHF Conversion Rates

Here are some latest ERN to CHF (Eritrean Nakfa to Swiss Franc) exchange rates for popular conversion amounts*.

1 ERN0.05 CHF
5 ERN0.27 CHF
10 ERN0.54 CHF
25 ERN1.34 CHF
50 ERN2.68 CHF
100 ERN5.36 CHF
150 ERN8.04 CHF
200 ERN10.72 CHF
250 ERN13.40 CHF
300 ERN16.08 CHF
400 ERN21.44 CHF
500 ERN26.80 CHF
600 ERN32.16 CHF
700 ERN37.52 CHF
800 ERN42.88 CHF
1,000 ERN53.60 CHF
1,500 ERN80.40 CHF
2,000 ERN107.20 CHF
2,500 ERN134.00 CHF
3,000 ERN160.80 CHF
4,000 ERN214.40 CHF
5,000 ERN268.00 CHF
10,000 ERN536.00 CHF
15,000 ERN804.00 CHF
20,000 ERN1,072.00 CHF
30,000 ERN1,608.00 CHF
40,000 ERN2,144.00 CHF
50,000 ERN2,680.00 CHF
100,000 ERN5,360.00 CHF

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Eritrea to Switzerland?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Eritrea to Switzerland. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Eritrean Nakfa to CHF.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send ERN to CHF in Switzerland. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Switzerland from Eritrea. We provide you with maximum choices to send money to Switzerland by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Switzerland from Eritrea?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to Switzerland.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Eritrea to Switzerland transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your ERN to Swiss Franc money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to send money to Switzerland from Eritrea?

Finding the cheapest way to send money from Eritrea to Switzerland might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer ERN to CHF via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Eritrea to Switzerland exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


Should I use my bank to send money from Eritrea to Switzerland?

Big banks in Eritrea are known to make a lot of money by charging high fees on Switzerland money transfers from Eritrea. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a ERN to CHF exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Switzerland. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Eritrea to Switzerland. You work hard for your money, so you should also ensure you get the maximum yield when you send CHF overseas.


What is the fastest way to do a money transfer to Switzerland from Eritrea?

The speed of your Eritrean Nakfa to Swiss Franc funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert ERN to CHF. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Switzerland from Eritrea is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Switzerland if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout CHF into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Eritrea bank to Switzerland bank transfer.


Which are the best money transfer companies to transfer money to Switzerland from Eritrea?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Eritrea to Switzerland, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Eritrean Nakfa to Swiss Franc exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your CHF money transfers to Switzerland. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Switzerland getting more money for every Eritrean Nakfa you send.


Step by step guide to transfer money to Switzerland from Eritrea

The first step to send money to Switzerland from Eritrea is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your ERN to CHF overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Switzerland if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Eritrea bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Switzerland!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Eritrea to Switzerland.