Asked on 12 Aug 2019
I am going to work in Geneva for three years, and I will be paid in SGD. I suppose I will definitely need a local Swiss bank account when I am there?
If you need to transfer SGD - CHF or vice versa, you can check out the remittance services like InstaReM or TransferWise. You can find out more here: https://seedly.sg/reviews/remittance
I used TransferWise personally, so should you decide to use TransferWise, here's a referral code to get a free transfer of up to $500: transferwise.com/u/waih47
Check out f.ex. CurrencyFair and Transferwise. Currency conversion by the banks is too expensive. You can open SGD account in CH, and send converted to yourself within CH by the mentioned services.