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Sending money to family and friends overseas can be an urgent matter. The last thing you need is to deal with a complicated and expensive process. When you need to get money from Germany to Vienna, Innsbruck or anywhere in between, compare transfer fees of a host of transfer services to get the best deal. When you do your research and shop around for the best available deal, sending an international money transfer to Austria is easy and affordable.
XE bietet schnelle Überweisungen mit niedrigen Gebühren und eine Reihe von Fremdwährungstools.
Our interactive table lets you compare current fees, exchange rates, transfer speeds and other details about sending your money overseas. Enter the amount you’re transferring, and see how much will arrive at your destination.
An international money transfer allows you to send money to a recipient overseas. Generally, a transfer involves you providing funds to a bank or an independent transfer provider, which then sends the money to your recipient in another country — in this case, Austria. This can be done in person, over the phone, through a mobile app or online. You can use cash, a credit or debit card, or transfer funds from your bank account, which will then either be deposited into your recipient’s bank account or mobile wallet, or made available as cash for them to pick up at a location in their country.Back to top
We use our banks to take care of all our other financial needs, so surely we should use them when we need to send an international money transfer, right? Not necessarily. While major German banks offer money transfer services, they usually present less competitive exchange rates coupled with high transfer fees.
You can often save money by using the services of a dedicated money transfer company. These providers specialise in handling overseas money transfers, offering attractive exchange rates and affordable transfer fees. This translates to big savings for you.
Sophia left Munich to accept a position with the Vienna Philharmonic. Besides playing with the orchestra and waiting tables twice a week, she also teaches the violin in the evenings. However, making ends meet is difficult, so she’s grateful when her parents offer to send €1,000 to help with rent and other living expenses.
Her parents compare two money transfer companies to find the best deal.
|Money transfer service 1||Money transfer service 2|
|Transfer time||1 day||Within an hour|
|Transfer options||Online||Online, bank account|
If Sophia’s parents choose to go with money transfer service 1, they will save a nominal amount in transfer fees; however, if they need to get the money to her more quickly, service 2 is the way to go.Back to top
You’ll want to consider costs, of course. But other factors can also affect your choice.
International money services typically use encryption systems and will generally need to be authorised. When processed through a reputable bank or company, your funds are safely tracked until in the hands of your recipient.
Whether you’re picking up cash in Austria or any other country, take a safety-first approach. Use common sense, such as keeping your cash hidden and depositing it with your bank as soon as possible. Taking a friend along with you to collect the funds is also a good idea.Back to top
There are certain situations when you might need to send a transfer as quickly as possible. When you do need to send an emergency transfer, remember that you will usually have to pay extra in order to get your funds to your beneficiary ASAP. Make sure to check the exchange rate and fees that apply so you know exactly how much it will cost.Back to top
Learn how Ria Money Transfer, the third-largest provider of international money transfers in the world, may help you get more money to your destination with competitive exchange rates and low fees.
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