Money Transfer (CHF to EUR) > minimum taxable amount?

Finance, Taxes, Banking, Insurance and Retirement
1
Hi all,

I would like to buy a house in my country of origin (Spain) and for that I'd like to transfer the money from my swiss to my spanish bank account.

I'd like to transfer a sum slightly above 100.000 chf, but I do note know if the best would be to do It in one transfer or to do several ones of 10.000 or below as I do note know if tranfers above an specific amount are taxable. Do you know this info?

In addition, do you recommend Wise or Revolut for this?

Thanks and Happy Christmas

2
You would have to ask Spain.

Tom

3
No tax from the Swiss side.

4
I do not know if it is taxable in Spain, you need to check with the bank there but whether you use one or many transfers won't make the slightest difference from money laundering point of view as the banks have the abilitiy to consilidate the payments, however, it may cost you more in transaction fees. Best look at Wise.