Banks, currency and cost of living
Legal tender is the Swiss Franc (CHF or SFr.). The Euro (EUR or €) is accepted by the major supermarket chains (Migros, Coop, Manor, etc) and by service providers (CFF, Post Office, certain restaurants, etc). However, your change will be given in CHF. Cost of living Here are a few current prices in the Lake Geneva Region.
| 1 set meal in a restaurant||CHF 18.-|
|1 Big Mac||CHF 6.90|
|300 ml of Coca-Cola in a restaurant||CHF 4.-|
|1 coffee in a restaurant||CHF 3.50|
| 1.5 l of mineral water bought in a shop ||CHF 1.80|
|1 litre of milk||CHF 1.80|
| 0.5 kg of bread ||CHF 2.50|
|6 eggs||CHF 3.-|
| 1 cinema ticket in Morges||CHF 16.-|
|1 town bus ticket||CHF 3.-|
(approximative price of 1st January 2012)
You can change your money into all the major currencies (€, $, £, ¥, CAD, AUD, etc.) at banks (Monday to Friday), as well as in CFF stations (7 days a week). The major stations and bank branches provide automatic currency dispensers or changeomats that operate 7 days a week, 24 hours a day. In addition, it is possible to withdraw € from most cash dispensers in banks (bancomat) or Post Offices (postomat). Click here to see the current exchange rates from UBS.
Banks in Morges
In the Morges Region there are a lot of banks. Here you can find a list of the banks in the town of Morges:
Banque Cantonale Vaudoise (BCV)
Place de l'Hôtel-de-Ville 2
Open: Mon-Fri 09.00-12.00 + 14.00-17.00
Open: Mon-Fri 09.00-12.00 + 13.30-16.30
Raiffeisen Morges Venoge
Rue de la Gare 27
Open: Mon-Fri 08.30-12.00 and 13.30-16.30
SBB Railway Station
Open: Mon-Fri 06.40-17.45, Sat 08.00-16.45 and Sun 08.00-11.50 and 13.10-16.45
Money exchange: Minimum 90 units of the respective currency (incl. Traveller Cheques)
Charge: CHF 3.-
Rue des Charpentiers
Open: Mon-Fri 07.30-18.00 and Sat 08.00-11.30
Exchange only Euros - CHF
Each bank has automated teller machines that are operational 24 hours 7 days a week.
The major credit cards (Visa, Eurocard/Mastercard) are accepted as payment in most shops, restaurants, hotels, public telephones, ticket machines for intercity travel, etc. However, supermarket chains (Migros, Coop, Waro, Denner, etc.) and smaller shops accept mostly only debit cards. Credit cards also enable you to get money from cash dispensers. Debit cards (EC, Postcard, Maestro, Cirrus, Electron, Plus and Eufiserv) allow you to withdraw cash from all cash dispensers. EC and Postcard are also widely accepted as payment. In addition, the Cash electronic wallet is accepted in most kiosks, taxis, parking ticket machines and town transport ticket machines.
The main sales tax is value added tax (VAT). It is 7.6% of the sale price and must be included in it by law.