Currency Exchange in Austria
Currency exchange in Austria are best done in local banks, but it is also advised to look around first as commission charges and exchange rates can be different for each. The usual commission charge for currency exchange is between €2 to €3.50, hence it is better to exchange money in huge amounts to avoid spending too much on multiple charges. Money exchange offices (Wechselstuben), which are normally stationed in big cities or train stations, have higher commission charges.
Contact a Money Transfer Broker Today
Free currency quotes: get the best rate now !
Individuals and businesses in Austria and other parts of the world who want to get competitive rates in their currency exchange and transfers would do well to course their transactions through Currency Index. This world-class company does not publish live rates, which are often unrealistic and uncompetitive, instead, they provide the best rates over the phone, always coming slightly below the interbank rate.
Margin
0.60%
Margin description
0.25% - 0.60% (Depending on volume)
FSA
Yes
HM REV & Customs
Yes
Free
£7 or £12 - No fee for transfers above £30,000
Min
No minimum
Currencies
Wide range of major and exotic currencies
Options
Bank to Bank Transfers, Spot, Forward contract, Limit or Stop Loss Order
Moneycorp specializes in foreign exchange and international payments and provides outstanding deliveries for their expat clients in Austria and elsewhere in the world. The company makes every transaction simple, clear, and easy to understand for the client. And, of course, profitable, as much as possible.
Margin
0.6%
Margin description
0.25% - 1% (Depending on volume)
FSA
Yes
HM REV & Customs
Yes
Free
£0
Min
£1,000 or £250 Regular Payments
Currencies
76 Currencies
Options
Bank to bank - one off or regular payments