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Money and Shopping in Switzerland


Money and Shopping in Switzerland

Switzerland is not part of the European Union and the currency is the Swiss franc (or Franken or franco, depending in which language area you are), divided into 100 centimes, Rappen or centesimi. However, many places - such as supermarkets, restaurants, sightseeings' box offices, hotels and the railways or ticket machines - accept Euro and will give you change in Swiss Francs or in Euro if they have it in cash. A check or a price-label contain prices both in francs and in Euro. Usually in such cases the exchange-rate comply with official exchange-rate, but if it differs you will be notified in advance. Changing some money to Swiss Francs (CHF) is essential. Money can be exchanged at all train stations and most banks throughout the country. Switzerland is more cash-oriented than most other European countries. It is not unusual to see bills being paid by cash, even Fr�200 and Fr�1000 notes. Some establishments (but fewer than before) do not accept credit cards so check first. When doing credit card payments, carefully review the information printed on the receipt (details on this can be found in the "Stay Safe" section below). All ATMs accept foreign cards, getting cash should not be a problem. Coins are issued in 5 centime (brass, rare), 10 centime, 20 centime, ½ Franc, 1 Franc, 2 Franc, and 5 Franc (all silver colored) denominations. One centime coins are no longer legal tender, but may be exchanged until 2027 for face value. Two centime coins have not been legal tender since the 1970's and are, consequently, worthless. Banknotes are found in denominations of 10 (yellow), 20 (red), 50 (green), 100 (blue), 200 (brown), and 1000 (purple) Francs. They are all the same width and contain a variety of security features.

The Most Frequently Asked Travel Questions about Switzerland


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Switzerland Travel Guide from Wikitravel. Many thanks to all Wikitravel contributors. Text is available under Creative Commons Attribution-ShareAlike 3.0, images are available under various licenses, see each image for details.

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