Switch module for a converter, the switch module comprising: a first module connection, a second module connection, a first series connection with a controllable first power semi-conductor switch and a first diode, wherein the anode of the first diode is connected with the first module connection and the cathode of the first diode is connected with a first connection node, wherein the first power semi-conductor switch is connected between a second connection node and the first module connection, wherein a first capacitor is connected between the first connection node and the second connection node, a second series connection with a controllable second power semi-conductor switch and a second diode, wherein the cathode of the second diode is connected with the second module connection and the anode of the second diode is connected with a third connection node, wherein the second power semi-conductor switch is connected between a fourth connection node and the second module connection, and precisely one intermediate circuit with a first input connection, a second input connection, a first output connection and a second output connection, the intermediate circuit including a second capacitor, a controllable third power semi-conductor switch and a third diode, wherein the third power semi-conductor switch is connected between the first input connection and the first output connection, wherein a capacitor connection of the second capacitor is connected with the third power semi-conductor switch and the first output connection, wherein the other capacitor connection of the second capacitor is connected with the cathode of the third diode and the second output connection, wherein the anode of the third diode is connected with the second input connection, wherein the first input connection is connected with the first connection node and the second input connection is connected with the second connection node, and wherein the first output connection is connected with the third connection node and the second output connection is connected with the fourth connection node. a first module connection, a second module connection, a first series connection with a controllable first power semi-conductor switch and a first diode, wherein the anode of the first diode is connected with the first module connection and the cathode of the first diode is connected with a first connection node, wherein the first power semi-conductor switch is connected between a second connection node and the first module connection, wherein a first capacitor is connected between the first connection node and the second connection node, a second series connection with a controllable second power semi-conductor switch and a second diode, wherein the cathode of the second diode is connected with the second module connection and the anode of the second diode is connected with a third connection node, wherein the second power semi-conductor switch is connected between a fourth connection node and the second module connection, and precisely one intermediate circuit with a first input connection, a second input connection, a first output connection and a second output connection, the intermediate circuit including a second capacitor, a controllable third power semi-conductor switch and a third diode, wherein the third power semi-conductor switch is connected between the first input connection and the first output connection, wherein a capacitor connection of the second capacitor is connected with the third power semi-conductor switch and the first output connection, wherein the other capacitor connection of the second capacitor is connected with the cathode of the third diode and the second output connection, wherein the anode of the third diode is connected with the second input connection, wherein the first input connection is connected with the first connection node and the second input connection is connected with the second connection node, and wherein the first output connection is connected with the third connection node and the second output connection is connected with the fourth connection node.