The Swiss government on Wednesday announced that adults with a protection S status may exchange one amount of up to 10,000 hryvnia – the equivalent of CHF300 ($310.50) at selected branches of the two main Swiss banks, UBS and Credit Suisse.
The plan to permit the exchange of cash was agreed between the finance ministry, the Swiss National BankExternal link and the two main commercial banks.
A similar programme has been proposed by the European Union and has already been implemented in Germany, the Netherlands, Italy, Sweden and Belgium.
Nearly 56,000 people from Ukraine have fled to Switzerland since February and the Swiss banks often refused to convert the cash they brought with them into Swiss francs.
More
More
Geldcast update: Ukrainian refugees cannot exchange cash for Swiss francs
This content was published on
In the latest Geldcast podcast, economist Fabio Canetg discusses some of the possible solutions.
Train vs plane: would you take a direct train between London and Geneva?
Eurostar is planning to run direct trains from Britain to Germany and Switzerland from the early 2030s. Would you favour the train over the plane? If not, why not?
Jewish communities federation praises Swiss foreign minister Cassis
This content was published on
Swiss Federation of Jewish Communities president praises embattled foreign minister Ignazio Cassis as doing "a very good job".
ETH Zurich remains best university in continental Europe
This content was published on
Swiss universities have once again fallen slightly behind in international comparison. In the annual university rankings, they recorded slightly more losses than gains overall. However, three Swiss universities are among the 100 best in Europe.
You can find an overview of ongoing debates with our journalists here . Please join us!
If you want to start a conversation about a topic raised in this article or want to report factual errors, email us at english@swissinfo.ch.