swiss franc Latest News

Renowned for its emphasis on quality, Zurich is a prominent financial centre located close to many affluent countries such as Germany. A Technocash Account offers businesses to hold, use and convert the Swiss Franc, easing cross-border payments.

With a GDP of USD635.65 billion in 2011 and a low unemployment rate, Switzerland is an economic powerhouse. Being able to collect Swiss Francs (CHF) easily helps you reach the Swiss market effectively.

The Swiss Franc and South African Rand are now available for Technocash account holders. The two currencies join an existing list of over a dozen major currencies to deliver even more exciting opportunities and possibilities for Technocash customers.

Forex traders sent the Swiss franc tumbling after a major announcement from the national bank.

The collapse of the Swiss economy could lead to increased occupancy of Swiss holiday properties, as more Swiss people are forced to look closer to home for their holiday needs.