Question 1

What's the best way to do Switzerland to Burundi money transfers?

Accepted Answer

With the global remittance market booming, there are so many choices for Swiss Franc to BIF money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Burundi from Switzerland. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final BIF amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.

Question 2

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

Accepted Answer

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Burundi from Switzerland. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your CHF to Burundian Franc money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Switzerland to Burundi corridor to give you more good choices for your next BIF money transfer. This way you do not miss out on additional options to potentially save more.

Question 3

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

Accepted Answer

One of the most important things to watch out for is hidden fees when sending money to Burundi from Switzerland. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Burundi using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Burundian Franc foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best CHF to Burundi exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Burundi from Switzerland.

Question 4

How to send money from Switzerland to Burundi through a bank?

Accepted Answer

Bank transfers have been a traditionally popular way to send money overseas from Switzerland to Burundi. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the CHF to BIF exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Switzerland bank for your Burundi money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.

Question 5

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

Accepted Answer

It could be a stressful experience if you need to rush money quickly from Switzerland to Burundi. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert CHF to BIF. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Burundian Franc. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Switzerland to Burundi money transfers.

Question 6

Which are the best money transfer companies to send money from Switzerland to Burundi?

Accepted Answer

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 Switzerland to Burundi, 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 Swiss Franc to Burundian 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 BIF money transfers to Burundi. 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 Burundi getting more money for every Swiss Franc you send.

Question 7

Step by step guide to transfer money to Burundi from Switzerland

Accepted Answer

With so many possible ways to transfer Swiss Franc to Burundian Franc, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Switzerland to Burundi remittance transaction, you can follow the below step by step procedure.

Create an account at your chosen operator.
You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
Add bank accounts for both the sender in Switzerland and the receiver in Burundi. Using bank deposits can be the cheapest option to send money.
Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
At this point, you are pretty much done, and the operator will take it on from here.
Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your CHF to Burundian Franc money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.

1 CHF	3,827.21 BIF
5 CHF	19,136.03 BIF
10 CHF	38,272.05 BIF
25 CHF	95,680.13 BIF
50 CHF	191,360.25 BIF
100 CHF	382,720.50 BIF
150 CHF	574,080.75 BIF
200 CHF	765,441.00 BIF
250 CHF	956,801.25 BIF
300 CHF	1,148,161.50 BIF
400 CHF	1,530,882.00 BIF
500 CHF	1,913,602.50 BIF
600 CHF	2,296,323.00 BIF
700 CHF	2,679,043.50 BIF
800 CHF	3,061,764.00 BIF
1000 CHF	3,827,205.00 BIF
1500 CHF	5,740,807.50 BIF
2000 CHF	7,654,410.00 BIF
2500 CHF	9,568,012.50 BIF
3000 CHF	11,481,615.00 BIF
4000 CHF	15,308,820.00 BIF
5000 CHF	19,136,025.00 BIF
10000 CHF	38,272,050.00 BIF
15000 CHF	57,408,075.00 BIF
20000 CHF	76,544,100.00 BIF
30000 CHF	114,816,150.00 BIF
40000 CHF	153,088,200.00 BIF
50000 CHF	191,360,250.00 BIF
100000 CHF	382,720,500.00 BIF

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