How to send money to Austria

Compare fees and exchange rates to get the best deal on your next money transfer to Austria.

Last updated:

Mountain village in Austria

Austria is one of the most stable countries in the European Union. The capital Vienna serves as headquarters for several international organisations concerned with maintaining security, atomic energy and peaceful relations.

Following bilateral relations stretching back as far as European settlement, Austrian migration to Australia started during the gold rush in the 1850s. Momentum picked up after the country was occupied by Nazi Germany. Today Austrian-born people in Australia number around 18,000, while around 43,000 claim Austrian ancestry. While the Austrian population is generally older, a number of business and cultural organisations for Austrians serve as a network through which the Austrian community maintains its cultural identity.

Send money to Austria with TorFX

TorFX International Money Transfers

  • No extra fees
  • Fix your exchange rate for up to 2 years
  • Price-match guarantee
  • Personal account manager

Send money to Austria with TorFX

TorFX guarantees to match any competitor's exchange rate. Conditions apply.
Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.

  • Minimum transfer amount: $2,000
  • Online transfer fee: $0
Go to site
Promoted

Online options to send money to Austria

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
AUD 2,000 1 day AUD 0.00 0.614 EUR
3,068
TorFX guarantees to match any competitor's exchange rate. Conditions apply.
Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.
Go to site Show details
AUD 2,000 1 day AUD 0.00 0.614 EUR
3,068
Better exchange rates for Finder customers.
Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.
Go to site Show details
AUD 2,000 1 day AUD 0.00 0.614 EUR
3,068
SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.
Go to site Show details
AUD 250 1 - 2 days AUD 15.00 0.614 EUR
3,059
$0 transfer fees for Finder customers.
No-maximum limit transfers with competitive exchange rates for 100+ currencies. No transfer fee over AUD$10,000.
Go to site Show details
AUD 5 1 - 2 days EUR 3.00 0.61 EUR
3,049
Special offer: Zero fees on your first 10 transfers.
Get bank-beating exchange rates and fast transfer times on 15+ popular currencies.
Go to site Show details
AUD 1 Within an hour AUD 3.99 0.609 EUR
3,041
Use promo code 3FREE to send your first 3 transfers with no fee.
An online money transfer service with cash pickup, bank account to bank account and airtime transfers available.
Go to site Show details
AUD 1 1 - 2 days AUD 22.50 0.616 EUR
3,067
Make online transfers at the mid-market rate with transparent fees in 45+ currencies. Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

Enter your details to speak to a foreign exchange expert

By submitting this form, you agree to finder.com.au Privacy and Cookies Policy and Terms of Use, Disclaimer & Privacy Policy
TorFX Logo

Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options. Our foreign exchange experts offer a best rate guarantee, are ASIC authorised and never charge transfer fees.

They can help you with all your needs including:

  • Buying property abroad
  • Emigrating
  • Regular overseas payments
  • Risk management
  • Forecasting

Banks versus money transfer companies

Sophia left Melbourne 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 help with rent and other living expenses.
Her parents are hesitant to try online transfer services, so they almost send money via their bank, usually for high fees and slower delivery. Sophia helps by comparing bank and online transfers.

Money transfer service 1Money transfer service 2
Exchange rate
$1 = 0.60€$1 = 0.63
Tranfer Fee
$22$3.48
Amount received for $500298.25€313€
Transfer timeThree business days24 hours
Transfer optionsInternational transfer, bank accountOnline transfer
Difference14.75€
Back to top

How do I compare transfer companies when transferring and receiving money via Austria?

Taking the time to compare transfer-service options helps Sophia’s parents save on fees and ensures that they benefit from the best exchange rate. It’s important to consider the following factors:

  • Exchange rates. Choosing the best possible exchange rate means that your recipient gets more money in their own currency. Make sure that a high exchange rate is not cancelled out by high transfer fees.
  • Transfer fee. Ideally the service you choose charges little or no transfer fees. Sometimes transfer services will waive the fee if you send a big enough amount.
  • Transferring within the same bank. Some Australian banks have international branches. For example, Citibank has a branch in Vienna, which means that customers incur little or no fees for transfer within the same bank.
  • Transfer methods. Check whether the service offers online transfers, cash transfers, international cheques - choose the service with the best transfer methods to suit your needs.
  • Turnaround time. A transfer can be instantaneous or take up to five days to reach its destination. Consider your needs and how urgently your recipient needs the money before making a decision.
  • Pick-up methods. Consult with your recipient about how they’d like to receive the money: direct deposit into their account or via cash collect at an agency or designated pick-up point.
  • Minimum transfer amounts. Most transfer services are clear about the maximum amount you can send, but they don’t always stipulate whether there’s a required minimum.
  • Customer service. It’s important that the transfer service’s customer relations staff can assist with any problem you might have with the transfer. They should be easily contactable, whether by email, pop-up chat or direct telephone line.
Back to top

How do I send money to Austria from Australia?

There are several transfer methods from which to choose, including:

  • Bank to bank transfers. If you’re happy with the exchange rate and transfer fees offered by your bank, you can send money from your account to your recipient’s account.
  • Cash pick-up. Money transfer companies like MoneyGram and Western Union have agencies in the major Austrian cities, so your recipient can easily collect the cash in person.
  • Money transfer companies. Many companies offer international transfers to Austria at various exchange rates and fees.
  • PayPal. Paypal is operational in Austria, so if you and your recipient have Paypal accounts, you can send money online.

How do I receive money from Austria in Australia?

If you need money quickly, the best way to send it to Australia is via online money transfer. It’s best to go with the better-known companies like MoneyGram and Western Union - these have a wider network of agencies and pick-up points around Australia.

  • MoneyGram. You can make an online transfer to your recipient’s bank account or credit their MoneyGram balance with having to open an account. Money sent to a pick-up location is available within minutes.
  • TransferWise. This is a reliable service that sends online money transfers for a small fee. The deposit is available within 24 hours.
  • Bank to bank transfer. Two account holders in the same bank can transfer money for no fees. Be sure to check the exchange rates offered - it might be better to pay a small fee with an alternative company for a better exchange rate.
Back to top

Emergency cash transfers in Austria

Whether you’re holidaying in Austria and need cash in a hurry, or a family member needs an emergency transfer, money transfer companies offering delivery within minutes would be your best bet. Even in an emergency, take the time to compare exchange rates and transfer costs - sometimes faster delivery comes at the price of higher fees.

If your bank has a branch close to where you are, you can visit it in person and explain your situation. In the case of theft or an accident during a holiday, you can claim from your travel insurance, but this may take too much time.

Cash pickup locations in Austria / Western Union / MoneyGram branches in Austria

Below are a few pick-up points for money sent through Western Union and MoneyGram.

Western Union

  • Interchange
    Stephansplatz 9 Wien,
    Vienna 1010
    +43 1 5339622
    Open Monday to Sunday 8am to 8pm
  • Postamt 1037
    Marokkanergasse 17,
    Vienna 1037
    +43 1 5140032986
    Open Monday to Friday 8am to 5pm
  • International Telephone Discount
    Schoenaugasse 12 Graz,
    Styria 8020
    +800 3344 3355
    Open Monday to Saturday 9am to 9pm,
    Sunday 1pm to 9pm
  • Can Internet Café
    Jakoministrasse 29 Graz,
    Steiermark 8020
    +43 650 9938590
    Open Monday to Saturday 9am to 9pm, Sunday 12pm to 9pm

MoneyGram

  • Denizbank AG
    SCHOTTENRING 10
    Vienna, 1010
    800886600
    Open Monday to Friday 8am to 6pm
  • Phone Express Service
    Mariahilfer Strasse 20
    Vienna, 1070
    676843367210
    Open Monday to Saturday 12pm to 7pm
  • MS Finance Office
    LAZARETTGASSE 3
    Graz, 8020
    6646379655
    Open Monday to Sunday 9am to 8pm
  • Merlin Handy Shop
    Ungergasse 13
    Graz, 8020
    6645816050
    Open Monday to Friday 9am to 7pm, Saturday 9am to 6am
Back to top

Tips for picking up cash in Austria

Austria is a relatively safe country, but the influx of migrants may cause delays and disruptions in the public transport system. Be vigilant, especially in the bigger cities and at night - look out for suspicious individuals and louche behaviour. When receiving money, pick a location in a well-frequented area and make sure to get there during office hours. If possible, ask someone to accompany you, especially if you’re collecting a large amount of cash.

What are the steps to send money to Austria?

Most online services require that you sign on as a member before allowing the transfer. You’ll need to provide your contact details, the amount you’d like to send and the recipient’s account information. Select the transfer method and the pick-up option most convenient for your recipient, and hit send. The transfer service will confirm your transaction with an email. A tracking number helps you keep an eye on your money as it makes it way to your recipient’s account.

Was this content helpful to you? No  Yes

International Money Transfer Offers

Important Information*
Logo for ANZ International Money Transfer
ANZ International Money Transfer

Transfer to over 99 countries via online banking, phone banking or through an ANZ bank branch.

Logo for TorFX International Money Transfers
TorFX International Money Transfers

TorFX guarantees to match any competitor's exchange rate. Conditions apply.
Send money overseas in 30+ currencies with competitive rates for transfer amounts over $2,000.

Logo for WorldFirst International Money Transfers
WorldFirst International Money Transfers

Better exchange rates for Finder customers.
Send 60+ currencies at competitive rates and no fees. If you find a better eligible quote, WorldFirst will beat it.

Logo for SendFX International Money Transfers
SendFX International Money Transfers

SendFX guarantees to match any competitor's exchange rate. T&Cs apply.
Fee-free transfers in 30+ currencies to over 200 countries.

Ask an Expert

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

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au 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 only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms of Use, Disclaimer & Privacy Policy and Privacy & Cookies Policy.
Ask a question
Go to site