Canonical: https://unicorncurrencies.com/industries/jewelry-precious-metals/switzerland/

# Intelligence: Jewelry & Precious Metals in Switzerland

## Industry Context

- **Payment pressure:** High-value shipments requiring insurance; Gold price volatility compounds FX risk

- **Operational control:** Enhanced security payments; 0.5% spread on high-value transfers

## Country Context

- **Use case:** Pay Swiss suppliers for precision instruments, pharmaceuticals, machinery, watches

- **Settlement:** T+0 (2.3s avg within Unicorn network)

- **Banking:** **IBAN** (International Bank Account Number (Swiss format))

- **Regulatory:** Swiss National Bank oversight; Swiss Customs documentation

## Key Industries in Country

- Precision Manufacturing

- Pharmaceuticals

- Machinery

- Watches

- Finance