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Compare today's CHF to SOS (Swiss Franc to Somali Shilling) exchange rates

Switzerland
Somalia
CHF
Interbank Exchange Rate: 1 CHF = 706.9043 SOS
Updated about an hour ago

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All you need to know about Swiss Franc to Somali Shilling money transfers

Easily compare money transfer providers in one place to send money from Switzerland to Somalia. Send money overseas to your loved ones by comparing Swiss Franc (CHF) to Somali Shilling (SOS) 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.

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Latest CHF to SOS Conversion Rates

Here are some latest CHF to SOS (Swiss Franc to Somali Shilling) exchange rates for popular conversion amounts*.

1 CHF706.90 SOS
5 CHF3,534.52 SOS
10 CHF7,069.04 SOS
25 CHF17,672.61 SOS
50 CHF35,345.22 SOS
100 CHF70,690.43 SOS
150 CHF106,035.65 SOS
200 CHF141,380.86 SOS
250 CHF176,726.08 SOS
300 CHF212,071.29 SOS
400 CHF282,761.72 SOS
500 CHF353,452.15 SOS
600 CHF424,142.58 SOS
700 CHF494,833.01 SOS
800 CHF565,523.44 SOS
1,000 CHF706,904.30 SOS
1,500 CHF1,060,356.45 SOS
2,000 CHF1,413,808.60 SOS
2,500 CHF1,767,260.75 SOS
3,000 CHF2,120,712.90 SOS
4,000 CHF2,827,617.20 SOS
5,000 CHF3,534,521.50 SOS
10,000 CHF7,069,043.00 SOS
15,000 CHF10,603,564.50 SOS
20,000 CHF14,138,086.00 SOS
30,000 CHF21,207,129.00 SOS
40,000 CHF28,276,172.00 SOS
50,000 CHF35,345,215.00 SOS
100,000 CHF70,690,430.00 SOS

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


What's the best way to send money to Somalia from Switzerland?

With the global remittance market booming, there are so many choices for Swiss Franc to SOS 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 Somalia 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 SOS 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.


How to get the best remit rate for transferring money from Switzerland to Somalia?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Somalia from Switzerland.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your CHF to Somali Shilling remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for CHF to SOS remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to transfer money from Switzerland to Somalia?

The final amount your recipient gets when you send CHF to SOS is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Switzerland to Somalia used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Somali Shilling is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Swiss Franc to Somalia exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


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

We do not recommend using your local bank in Switzerland for your next CHF to SOS overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Switzerland to Somalia (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending SOS to Somalia. These companies will let you use your local bank account in Switzerland to pay for your Somalia money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money to Somalia from Switzerland fast?

If you need to convert CHF to SOS as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Switzerland to Somalia could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Swiss Franc to Somali Shilling funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Somalia.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Switzerland to Somalia. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


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

Switzerland to Somalia money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Somalia as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Swiss Franc to Somali Shilling money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money from Switzerland to Somalia

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Switzerland to Somalia, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Switzerland to Somalia that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Somalia where they can receive monies in Somali Shilling.
  • Then, provide details of your Switzerland bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your CHF travel to another part of the globe.