BANK AUSTRIA EURO vs GBP/USD EXCHANGE RATES
Compare Bank Austria euro currency transfer options to/from Austria. You can beat Bank Austria euro exchange rates when making an international money transfer or overseas payment, save time, money and get the best deal.
| Bank Austria | EUR to GBP | EUR to USD | Minimum Transfer + Fee | TrustScore (Trustpilot) | More Details |
|---|---|---|---|---|---|
| Currencies Direct | £0.851 to £0.854 | $1.127 to $1.131 |  |  | |
| TorFX | £0.853 | $1.13 |  | | |
| Wise | £0.854 to £0.855 | $1.132 to $1.133 |  | | |
| Bank Austria | £0.828 | $1.097 | |  |  |
Bank Austria International Money Transfers
International currency transfers to or from your Bank Austria account in the euro, UK pounds, US dollars and many other popular currencies will involve a margin or exchange rate of around 3.6% and additional bank transaction or commission fees may apply.
Bank Austria international currency transfer rates are much higher than most money transfer providers (money transfer providers rates range between 0.45 to 1.0%).
Currency Transfer Alternatives – Bank Austria
Sending foreign currency to or from your Bank Austria account needn’t be a complex matter, moreover, you can save time and money when you use a specialist currency broker instead.
Specialist foreign exchange companies including our recommended providers here can save you money and time on the transaction. Our recommendations are based on international coverage and office locations together with the lowest foreign exchange margin rates offered.
Example: A typical overseas currency transfer of 100,000 euros (EUR) using Bank Austria services would have a transaction exchange rate margin of around 3.6% – or 3,600 EUR. Using a specialist broker, in this example TorFX – the exchange rate margin would work out at 0.7% – or only 700 EUR in total, which is a large saving over the bank service.
Bank Austria – Other Useful Information
International money transfers from Bank Austria could take longer to arrive than using a private currency exchange provider and you will also need to be an existing Bank Austria account holder to use their services. Bank Austria may additionally charge a flat rate commission fee when sending money abroad into another currency and bank transfer commission fees vary depending on the amount you need to transfer. Private brokers offer commission free currency transfers, typically over a value of 5000 euro.
Unless you pay a premium, Bank Austria’s service will take from 5 to 7 days for your funds to arrive at the destination bank. Private foreign exchange companies typically complete the transaction either same day, or next day.
Bank Austria – About
Bank Austria (owned by Italian banking organisation UniCredit, one of the largest European banking groups) was created in 1855 and today is one of the largest banks in Austria with over 300 local banking branches. Bank Austria also operates services in central and eastern Europe which includes over 3,500 offices in 19 European countries.
Bank Austria branch finder
Find Bank Austria branch addresses near you with our geolocation map search. Simply enter the bank name (and optionally a city or country) and the map will display the closest Bank Austria branches in your search area results.
Contact Bank Austria from abroad
You can find answers to everyday banking questions at Bank Austria online. If you can’t find the answer you’re looking for, you can call them from outside Austria on +43 50505 25
Bank Austria – Head office address
Bank Austria – Schottengasse 6 – 8, 1010 Vienna, Austria
Still have questions?
Doing some research and evaluating options will ultimately save you time and money: Compare money transfer providers
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