If you transfer from your UBS account to UK one you will get charged 8 or 10chf each time, depending on what you select for the tansfer, + comission.

If you do this regularly, and also regularly will be visiting UK it might be an interesting option to withdraw some cash in CHF here and then get it exchanged in some low commission exchange office either here or there and then deposit the GBP cash in your UK bank. That way you will only pay comission and the comission might be small then the UBS comission.

you can have a foreign currency account at most major banks (UBS and CS included)...

The funds (CHF) you transfer into that account will be GBP denominated, but sit in Switzerland...

Since youre taxed on the initial currency (CHF) already at source or in your tax return, the tax you pay only will be on interest accrued in the secondary account.

You can then use that secondary account to transfer GBP to wherever, whenever you need to.

There is no foreign tax on that account if its situated in Switzerland.

(alternatively open a UK bank account as a non resident, and transfer CHF as and when to there, for use as and when).

Simples ;-)

The only headache is working out which is the cheapest option in terms of GBP denominated bank account....

I use HIFX to transfer from CHF to GBP.  You can do a one-off transaction, or fix the rate for a minimum of 6 months to send a fixed amount each month.

http://www.hifx.co.uk/

I bank with BCGE and pay a small fee (less than CHF 5) to send the money to HIFX.

Hi, I use xe.com, which seems ok so far!

there is a cap on monthly transfer sum, which can be increased after a while and there is no explicit commissions on transfers with overall rates seems better than what I'd get from a swiss bank. You could do on-off transactions or fixed amount monthly too.

You may want to check threads on englishforum.ch on the subject too, they generally tend to me more comprehensive than ones here..

PS: the wire transfer from your swiss bank to xe is free, as xe.com has a swiss account, so its just within country transfer

Did you worked out which is the cheapest option for the GBP account here, I wonder..?

nope.....

but if its the same bank there is (or should be) no transfer fee between the chf and gbp accounts ...only the xchange rate conversion which may be closer to spot than the forex facilities offered by a third party. plus the added benefit of being able to access the internet banking facility at the same time when you log on to your account...

obviously worth checking yourself depending on banking relationship and assets held, frequency of transfer etc  etc.

Is the SEPA transfer fee to an EU country not 0.50CHF?

If you are with UBS it is 0.3franks. I dont know what other banks charge.