Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to send money to Austria

Take advantage of low fees and competitive exchange rates when sending money to Austria.

Live Rate

= 1.0000

Refreshing in: 60s | Sat, May 21, 10:29AM GMT

Find best rates

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.

Send money to Austria with XE

XE bietet schnelle Überweisungen mit niedrigen Gebühren und eine Reihe von Fremdwährungstools.

  • Send money to 170+ countries
  • Competitive exchange rates that are often better than banks
  • Transfer up to $500,000 online
  • See exchange rates in real-time
Promoted

Compare international money transfers to Austria

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.

1 - 8 of 8
Name Product Minimum Transfer Transfer Time Transfer Fee
Wise (TransferWise) - Germany
USD$1
1-2 Tage
Varies
Sparen Sie Geld durch den Mittelkurs und durch eine transparente Gebührenstruktur.
CurrencyFair - Germany
EUR€8 or equivalent
1-2 days
0.1% to 0.6% of the amount exchanged plus a EUR€3 (or currency equivalent) transfer fee.
Sonderangebot: Neukunden erhalten in den ersten 3 Monaten unbegrenzt gebührenfreie Überweisungen. Es gelten die AGBs.
CurrencyFair bietet unschlagbare Wechselkurse und schnelle Überweisungszeiten für mehr als 15 gängige Währungen.
Azimo - Germany
GBP 10
Instant
Varies
Azimo ist bekannt für schnelle Überweisungen, wettbewerbsfähige Preise, niedrige Gebühren und eine große Bandbreite an Zahlungs- und Überweisungsoptionen.
WorldRemit - Germany
USD$1
2 working days
USD$3.99
WorldRemit sendet Geld in über 110 Länder für Bank-zu-Bank-Einzahlungen, Bargeldabholungen oder Handy-Aufladungen.
Revolut - Germany
Revolut - Germany
USD $0
Within minutes
USD $0
Führen Sie von Montag bis Freitag gebührenfreie Überweisungen in über 27 Währungen durch.
XE Money Transfers - Germany
EUR€0
Same day
EUR€2
XE bietet schnelle Überweisungen mit niedrigen Gebühren und eine Reihe von Fremdwährungstools.
Panda Remit - Germany
Panda Remit - Germany
$10
Within minutes
0
Sonderangebot: Unbegrenzte gebührenfreie Überweisungen & 5 EUR Überweisungsgutschein. Es gelten die Bedingungen.
Panda Remit sendet Geld in über 30 Länder mit 24/7-Kundensupport und exklusiven Wechselkursen.
Key Currency - Global
Key Currency - Global
£5000.00
Same day on all majors, 1 day on exotics
None
Make same-day transfers in all major currencies across Europe.
loading

Compare up to 4 providers

Back to top

How do international money transfers work?

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

Banks versus money transfer companies

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.

Steps to send money to Austria

  1. Choose one of the numerous transfer providers who send money to Austria.
  2. Register with the provider on their website providing your name, address, contact information and date of birth. A valid photo ID will also be required.
  3. Provide your recipient’s name, address and contact details. Depending on the transfer method you may also need to supply their bank account information.
  4. Enter the amount you want to transfer, complete the transaction and save your tracking or receipt number to follow up on the progress of your transfer.
Back to top

Case Study: Sophia needs a money transfer in Austria

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 1Money transfer service 2
Transfer Fee
34.99
Transfer time1 dayWithin an hour
Transfer optionsOnlineOnline, 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

How to compare transfer companies when transferring money to Austria

You’ll want to consider costs, of course. But other factors can also affect your choice.

  • Fees. Most companies charge a fee to transfer your money around the world, though some will waive that fee for large transfers. The fee and the exchange rate determine how much your transfer will cost.
  • Minimum amounts. Some companies will transfer as little as a euro, but others won’t deal with anything less than a few hundred. Look for a match with what you’re trying to send.
  • Urgency. If the money needs to get there ASAP, most providers complete transactions in a day or two. Some can do it in minutes, at a higher cost. The fastest availability usually comes with picking up the funds in cash. Surprisingly, using a credit or debit card on your end can be faster than pulling money directly from a bank account.
  • Process and scheduling. Do you prefer to send money online, over the phone or in person? Do you want to schedule a future transfer or use a forward contract in anticipation of better exchange rates?
  • Payment methods. Will you pay with cash, a bank account or a debit or credit card? Transfer agents often see debit cards as quicker and more secure than the bank accounts they’re based on. However, using a credit card can trigger cash advance charges from your credit card company.
  • Customer service. How much help will be available if you hit a snag or have a question? Are the support hours convenient?
Back to top

Foreign exchange rates explained

The exchange rate determines how much one country’s currency is worth in another currency. A strong currency will yield more money when exchanging it for a weak currency. Austria is in the heart of the eurozone and uses the euro as its currency, just like Germany. The euro’s exchange rates is flexible, so it can change from moment to moment. Factors that influence the exchange rate include interest rates, economic and political stability and inflation.
Back to top

Ways to send money to Austria from Germany

  • Bank transfers. Most major banks offer wire transfers to Austria.
  • Money transfer providers. Online providers can help you transfer money quickly and easily.
  • Transfer companies with cash pickup. Providers like Western Union and MoneyGram offer this service — your recipient can sometimes pick up the cast within minutes.
  • PayPal. You can send money abroad using your PayPal account.
Back to top

How safe is a money transfer?

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.

Back to top

Tips for picking up cash in Austria

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

Emergency cash transfers in Austria

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

More guides on Finder

  • Ria Money Transfer Erfahrungen

    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.

  • Best Euro to Swiss franc exchange rates today (EUR/CHF)

    Need to send money to Switzerland? Here’s how you can find the highest EUR/CHF exchange rate and the lowest transfer fees.

  • EUR to RUB Exchange Rate

    Live exchange rates Euro to Russian Ruble. Historic exchange rates for 10 days ✔ 10 months ✔ 10 years ✔ Calculate your money transfer to RUB.

  • EUR to CZK exchange rate

    Live exchange rates Euro to Czech Koruna. Historic exchange rates for 10 days ✔ 10 months ✔ 10 years ✔ Calculate your money transfer to CZK.

  • EUR to PLN Exchange Rate

    Live exchange rates Euro to Polish Zloty. Historic exchange rates for 10 days ✔ 10 months ✔ 10 years ✔ Calculate your money transfer to PLN.

  • EUR to RSD Exchange Rate

    Live exchange rates Euro to Serbian Dinar. Historic exchange rates for 10 days ✔ 10 months ✔ 10 years ✔ Calculate your money transfer to RSD.

  • EUR to THB Exchange Rate

    Live exchange rates Euro to Thai Baht. Historic exchange rates for 10 days ✔ 10 months ✔ 10 years ✔ Calculate your money transfer to THB.

  • EUR to VND Exchange Rate

    Live exchange rates Euro to Vietnamese Dong. Historic exchange rates for 10 days ✔ 10 months ✔ 10 years ✔ Calculate your money transfer to VND.

  • How do we pick the top money transfer services?

    Our top picks are our selection of the best money transfer services, based on our extensive research and market experience. Here’s how we choose them.

  • Plus500 review: Global CFD trading platform

    Plus500 is a CFD trading service, which allows you to trade CFDs for a range of financial instruments including shares, EFTs and commodities. Read our review here.

Ask an Expert

You are about to post a question on finder.com:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder.com provides guides and information on a range of products and services. Because our content is not financial advice, we suggest talking with a professional before you make any decision.

By submitting your comment or question, you agree to our Privacy Policy and Terms.

Questions and responses on finder.com are not provided, paid for or otherwise endorsed by any bank or brand. These banks and brands are not responsible for ensuring that comments are answered or accurate.
Go to site