Clément Caron
Buying a property in Switzerland – the complete guide (2022)
The COVID-19 pandemic brought fears of stagnation or even a drop in property prices in 2020, but the Swiss market is going from strength to strength.
Del credere risk, a danger for the self-employed as well as for companies
A risk related to the potential non-payment of goods and services sold by a company, del credere risk arises as soon as a customer is given payment terms.
OPEX vs CAPEX – balancing your spending
OPEX and CAPEX are expense categories used to classify business costs. They refer to operating expenses and capital expenditure, respectively.
The Difference between Spot Rate and Forward Rate
Spot rate and forward rate designate the current and future exchange rates that may be used in foreign exchange transactions. These concepts are related but still differ in key ways, which we will explain below.
What are IBANs and BICs? How do they work?
What is an IBAN and a BIC? Before we go into the detail of what you find in an IBAN…
Everything you need to know about exchange rates
1 – What is the interbank exchange rate? The interbank rate is essentially the value of one currency compared to…
What is a SEPA transfer? Function and features explained
What is a SEPA transfer? SEPA stands for Single Euro Payments Area. This European initiative was implemented in 2008 with…
Banking transaction timeframes: from 5 minutes to several days
Why is there a gap between a transfer being sent and the funds being received? To understand why a financial…
Where can I find out about my bank charges?
In Switzerland and France, the charges applied by financial institutions are widely available and transparent. However, you do need to…