Although the New Financial Services Act FinSA and Financial Institutions Act FinIA (in effect since 1 January 2020) sets a compliance threshold of 1,000 CHF, the interpretation of local authorities is that the application of Article 14 of the VQF Regulations implies a requirement to transmit Travel Rule information for most transactions, regardless of transaction amount. According to this provision, the exemption to not send Travel Rule information below 1,000 CHF would only apply under certain circumstances - in particular, it only applies in cases where the VASP is able to verify that the transaction is with its own customer or where the VASP verifies the identity of the third party involved in the transaction by carrying identity checks and verifying their control over the wallet. For this reason, in practice, most transactions are treated as requiring Travel Rule information transmission regardless of its amount. Therefore, for simplicity, the system enforces a threshold of 0 CHF and treats all transactions as being subject to Travel Rule requirements.

Resources on this subject: Section "The Compliance Run: Alpine Hurdles" in https://www.mme.ch/en/magazine/articles/travel-rule-spotlight-switzerlands-ambitious-approach