Whether you are renting a bungalow on the beach or reimbursing a friend abroad, nothing could be easier! With Yuh, you can transfer money in 13 currencies [CHF – USD – EUR – GBP – JPY – AUD – CAD – SEK – HKD – NOK – DKK – AED – SGD] to SEPA* countries. All you have to do is enter the bank details of the recipient (BIC and IBAN) and choose the currency. It is as simple as that! Not only that, but also transfers in euros are free.
* What are the SEPA countries? The Single Euro Payments Area is a pan-European community which aims to make payments in the euro zone as easy and safe as national payments. Here is a list of SEPA countries: Andorra, Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg, Malta, Monaco, the Netherlands, Norway, Poland, Portugal, Romania, San Marino, Slovakia, Slovenia, Spain, Sweden, Switzerland, the United Kingdom and Vatican City.
International transfers in EUR within the SEPA area are free. In other currencies, we charge 4 CHF. Bank transfers within Switzerland and Liechtenstein are free in the 13 currencies available in the app. But, there is a “but”… Yuh is not responsible for any fees charged by the receiving bank. A bit of research on your part could help you avoid any additional fees.
We apply the inter-banking rate (a.k.a. mid-market rate), just as you see it on Google, plus a small fee (0.95%) on top.
We like to keep the Yuhniverse digital only. Yuh doesn’t have any subsidiaries or bank counters. What’s more, we don’t speculate with your money and use it wisely where it matters.
Don’t worry, the Yuh app will remain free in the future. We’ll continue with mini-fees or none at all. We’ve listened to our Yuhsers and taken their wishes to heart. And because we stick to our promises, we aren’t planning to add flat-rate packages to our product range at the moment.