Apart from the standard credit and debit of standard payments, and the crediting or payment of and with foreign cheques, at Bank Austria there are more options to make payments.
UniCredit's network in Austria, Germany, Italy and Central and Eastern Europe enables particularly favourable transactions. For the standard prices for foreign payment transactions, please see the latest price list in Bank Austria branches.
Information on exchange rate pricing (foreign exchange dealing) by UniCredit Bank Austria AG
UniCredit Bank Austria AG executes payment orders for which a foreign currency needs to be converted into euros or from euros into a different foreign currency at the earliest possible exchange rate, depending on availability of the foreign currencies listed on the exchange rate list. This exchange rate is determined in line with market practice in international foreign exchange markets, no later than around noon on the business day following the date on which the order has been issued, and is published in display of exchange rates at UniCredit Bank Austria AG. This means that the exchange rate which will be applied to the payment cannot be indicated at the time when the order is issued.
For currencies which are not listed in the display of exchange rates by UniCredit Bank Austria AG, the fixing of the exchange rate will depend on the foreign correspondence bank whose services are used and this process is used accordingly by UniCredit Bank Austria AG.
Important information: The regulations of the Payment Services Act (ZaDiG) at the time of receipt and implementation deadline do not relate to the exchange rate pricing, rather to the implementation of a payment order after completion of the formation of the exchange rate.