I have only paid in CHF so far, but now I would like to pay in EUR or USD for the first time. What happens to this money?

With True Wealth, when you open an account, you receive four bank accounts in your name. One for each of the four currencies CHF, EUR, USD and GBP.
This ensures that you do not have to convert existing foreign currency holdings in advance and that there are no unnecessary exchange losses when transferring funds to your True Wealth custody account.

Once payment has been received, all cash holdings are invested in accordance with your investment mix. Advantageous conditions are applied for the necessary currency exchanges: Markups of only 10 basis points or 10 pips (percentage in point) on the interbank rate, i.e. only approximately 0.10% in relation to the foreign currency transaction volume.