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Currency, Foreign Exchange


Currency:

Austria is a member of the Economic and Currency Union - the common currency is
the Euro.
1 EUR = 100 Cent.

The following Euro-banknotes and coins are in circulation:
Banknotes with facevalues of 5, 10, 20, 50, 100, 200 and 500 €;
Coins of 1 and 2 € denominations as well as 1, 2, 5, 10, 20 and 50 Cent.
These Euro banknotes and coins are the legal tender in all countries of the Euro zone. Apart from those, there are several gold and commemorative Euro coins issued by the Austrian Mint, which, however, are legal tender only in Austria.


Foreign Exchange:

Banknotes/coins in Austrian Schillings
can be exchanged into Euro banknotes/coins at the Austrian National Bank; it is also possible to exchange Austrian Schilling coins for Euro banknotes and coins at the Münze Österreich AG for an unlimited time commission-free.

Former currencies of the other Euro countries can no longer be exchanged in Austria.


Foreign Currencies
The respective exchange rate (purchase or sales rate) is valid for all other foreign currencies.

National and foreign currencies can be imported and exported in unlimited amounts.
Important Note! Travelling with € 10 000 or more in cash


Banking Hours (General)

Monday, Tuesday, Wednesday, Friday
8 a.m to 12:30 p.m and
1:30 p.m to 3 p.m
Thursday
8 a.m to 12:30 p.m and
1:30 p.m to 5:30 p.m

Automated Teller Machines (cash dispensers)
Outside of banks, cash can be withdrawn around the clock at some 3,000 cash dispensers in all of Austria. National and foreign Maestro cards (cash cards) are accepted. Other automated teller cards are national and foreign MasterCards, American Express cards, Visa credit cards and Diners cards as well as the Cirrus and Visa-Plus cash cards that belong to this payment system.


Credit Cards:

Credit cards are accepted in cities and tourist centres by numerous hotels, restaurants, shops and gas stations. If and which credit cards are accepted is indicated by the logos displayed on the exterior facade of the respective business (usually on the entrance door).


Accommodations


 
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