Transfer Money to Austria

→
GBP

Comparing 1 provider

Sorted by highest amount received

Real exchange rate 1 GBP = 1.1472 EUR 30-day trend · Data from Xignite.com
Live
Best options for your transfer
Excellent Best Deal
Delivery time 1 day Pay by Bank transfer
Total cost Fee FREE Exchange rate 1.1392
Recipient gets
€ 22,784 EUR
+€298 more vs the typical bank
Go to Moneycorp ›
We get fees, exchange rates, and other details from money transfer providers, usually in real time. We try to keep this information accurate, but we can't guarantee it's always correct.

Questions you may have

Do I pay anything extra?
No. We may earn a commission, but you never pay more.
Is my money safe?
We only list regulated, licensed providers.
Why do rates change?
Exchange rates move constantly. We update results in real time.
What happens after I click?
You'll be redirected to the provider to complete your transfer securely.

Why Millions Use Us Before Sending Money

Regulated partners only

Real-time exchange data

Independent comparison

Best provider Moneycorp
Recipient gets € 22,784 EUR
Go to Moneycorp
Secure · No hidden fees

About Money Transfers to Austria

Sending money to Austria? Here you will find the most comprehensive list of options available, customised to your individual needs and developed to guarantee you the best deals when sending Euro to Austria. We make it our mission to provide you with the best exchange rates ensure that the service we supply to you is second to none and of the highest quality.

Sending money abroad has never been easier so whether you are immigrating to cultural Salzburg or planning to study in central art hub, Vienna, our comparison tables will find you the exchange rates and products to suit your needs when transferring money to Austria.

Last updated: May 08, 2014 Our methodology

Quick Facts: Austria

Key information for sending money to Austria

Transfer Speed
1 working day
Local Currency
EUR
Income Tax Rate
0-50%
Avg. Property Price/m²
3,956.09 EUR
Avg. Monthly Rent (3 bed)
1,194.38 EUR
IBAN Required
Yes

Money Saving Tips for Austria

Expert advice for your international transfer

A Notary undertakes the work that a conveyance solicitor would in the UK and so can give you professional advice on local regulation.

There are no restrictions on foreigners buying properties in Austria and a formal offer must be made in writing.

20% Sales tax will be added on to large purchases. Pick up a U34 tax form at the store and apply for a refund when you leave the country if only visiting.

A Red-White-Red Card is issued for a period of twelve months and entitles Non-EU immigrants to fixed-term settlement and employment.

What You Need to Send Money to Austria

Checklist of recipient bank details required

IBAN e.g. AT611904300235473201
International Bank Account Number
SWIFT/BIC Code e.g. BANKATXX
Bank identifier for international transfers
Account Number
Recipient's bank account number
Account Holder's Name
Full name as it appears on the bank account

Popular Banks in Austria

Erste Group Bank Austria RZB Group Volksbank AG BAWAG P.S.K. Hypo Group Alpe Adria (HGAA)

"When sending money to Austria, always compare multiple providers. The exchange rate is important, but don't forget to factor in transfer fees and delivery times. For larger amounts, even small rate differences can translate to significant savings."

— MyCurrencyTransfer Editorial Team

Frequently Asked Questions

Common questions about sending money to Austria

What is the cheapest way to send money to Austria?

The cheapest way to send money to Austria depends on your transfer amount. For larger transfers (over £1,000), specialist providers like Wise or OFX typically offer better rates than banks. Compare providers above to see which offers the best deal for your specific amount.

How long does it take to transfer money to Austria?

Most transfers to Austria are completed within 1-3 working days. Some providers offer same-day or next-day delivery for an additional fee. The exact time depends on the provider, payment method, and whether the recipient's bank processes weekend transfers.

What information do I need to send money to Austria?

You'll typically need: the recipient's full name (as it appears on their bank account), their bank account number, the bank's SWIFT/BIC code, and for some countries an IBAN. You may also need the recipient's address and the bank's name and address.

Are money transfer services safe to use?

Yes, the providers we compare are regulated by the Financial Conduct Authority (FCA) or equivalent regulators. They must keep your money in segregated accounts and follow strict anti-money laundering procedures. Always check a provider's regulatory status before sending money.

Should I use my bank to send money to Austria?

Banks are generally more expensive for international transfers due to higher exchange rate margins and fees. Specialist money transfer providers typically offer rates 2-4% better than banks. Use our comparison to see how much you could save.

How to Transfer Money to Austria

  1. Compare providers

    Use the comparison table above to find the best exchange rate and lowest fees for your transfer amount.

  2. Create an account

    Click through to your chosen provider and register for a free account. You'll need your email address and basic personal details.

  3. Verify your identity

    Upload ID documents as required (passport, driving licence, or national ID). Most providers verify within 1-2 business days.

  4. Enter recipient details

    Add your recipient's bank account details including their name, account number, and SWIFT/BIC code.

  5. Fund and track your transfer

    Pay by bank transfer or debit card, then track your money until it arrives. Most transfers complete within 1-3 working days.