FAQ About Sending Money to Austria

• What's the cheapest way to send money to Austria?

  The cheapest way to send money to Austria is through an online provider. Among the 59 available, Revolut was most often the cheapest provider (in 16.1% of the searches on Monito.com in the past 3 months).

• What are the best providers to send money to Austria?

  Here are the providers that were the most often the cheapest in the comparisons of the past 3 months on Monito.com:

  • Revolut (cheapest in 16.1% of the searches)
  • Wise (cheapest in 10.1% of the searches)
  • OFX (cheapest in 9.5% of the searches)
• How much does it cost to send money to Austria?

  If you send money with the cheapest available provider, the total cost of a transfer to EUR was 1.0% of the transfer amount (including all fees and exchange rates) over the past month. Of course, this figure will vary based on the sending country, the pay-in and pay-out options

  In contrast, the cost of the most expensive option was 11.9% on average.

• What is the cost of making an international transfer to Austria using my bank?

  The average total cost (including hidden exchange rate markups) of making a transfer to Austria with banks compared by Monito.com during the past months was 8.3% of the transfer amount. This is 8.0x more expensive than sending money with the cheapest online provider alternative.

• Is PayPal a good option for sending money to Austria?

  It’s possible to send money to Austria with PayPal, but it’s expensive. The average cost of transfers to Austria with PayPal is 5.2%, whereas the cheapest online services have an average cost of 1.0% of the amount you send.

• Is Western Union good for sending money to Austria?

  Western Union is a popular provider with the biggest agent location network. The average cost of online money transfers to Austria with Western Union* is 1.6% of the amount you send, whereas the cheapest online services have an average cost of 1.0%. Western Union is the provider that is most often the cheapest for money transfers to a cash pick-up location in Austria.
  
  *Sending money from physical agent locations with Western Union is usually much more expensive than using their online service.

• What's the cheapest cash pick-up provider in Austria?

  Over the past three months, the provider that was most often the cheapest for cash pick-up transfers in Austria was Western Union, with an average cost of 3.7% of the amount you send (which includes fees and exchange rate margins).
  
  The average total cost to send to a bank account rather than a pick-up location during the same period was 1.1%. Revolut was the provider most often the cheapest for transfers to bank accounts in Austria.

• What is the fastest option to send money to Austria?

  The provider that was most often the fastest on Monito's comparisons over the last three3 months was Wise (average fastest transfer time: Same day)