What is a current account and what is it used for?
A current account is the foundation of everyday banking. It is used to receive money, make transfers, pay bills, and conveniently manage regular expenses. Salaries and pensions are usually paid into a current account.
It is essential for many daily financial transactions and, through Online Banking and the Mobile Banking app, provides you with an up-to-date overview of your personal finances at any time.
Choosing the right current account depends on your individual needs and the services you require. Comparing current accounts can help you find the account that best suits your lifestyle.
Choose the right account Info for you
Bank Austria automatically withholds taxes as required by law. This includes capital gains tax (KESt) for individuals who have a residence or habitual place of abode in Austria, as well as for individuals without a residence or habitual place of abode in Austria who derive certain Austrian-source income.
Any additional taxes that may arise, whether in Austria or abroad, are not remitted by the Bank. These taxes must be taken into account and, where applicable, paid by you.
- *** The “GoGreen-account” was awarded the Austrian Environmental Certificate by the Austrian Federal Ministry of Agriculture and Forestry, Climate and Environmental Protection, Regions and Water Management (BMLUK) because the projects financed through the deposits in this account take account of ecological and social criteria besides economic considerations. The Environmental Certificate is a guarantee that these criteria and their implementation are suitable for selecting specific projects. This was verified by an independent body. The award of the Austrian Environmental Certificate does not constitute any economic evaluation and is not an indicator for the financial product’s future performance.
1 year of free credit card use3
Apply now for your Mastercard Credit Card and enjoy 12 months with no card fee.
Do you already have a Bank Austria product?
In addition to accounts, Bank Austria products also include savings accounts, building finance contracts, loans and debit cards.
You can open the account in Online Banking
To open an account as a Bank Austria customer, you need Online banking.
Log in and click on › Our offers on the left.
Are you already using the MobileBanking app?
If so, you can open an account in just a few minutes. Open an account in the app
Your personal choice
Opening an account online with video verification takes only 15 minutes. All you need is a valid photo ID, a smartphone and an email address.
With ID Austria, the identification process takes only a few minutes. Required: ID Austria (full version), smartphone, and email address.
Links & Downloads
How can you verify your identity online?
Identification with ID Austria
Video identification and digital signature
The simplest and quickest way to verify your identity during the registration process is by using ID Austria.
This is the next step of the Handy-Signatur and Citizen Card, and serves as your digital identity.
You will need the full version of ID-Austria. No additional documents are required.
The identity verification process takes only a few minutes.
You can conveniently complete the online account opening process using video identification and digital signature. Your identity will be verified via webcam while you are, for example, at the office or at home.
The identity verification is carried out by our cooperation partner IDnow GmbH.
Process Overview:
- Video Identification
You verify your identity using your passport or national ID card.
You also confirm your mobile phone number by entering an SMS code. - Redirection to Digital Signature
After successful completion of the identification process, you are automatically redirected to the digital signature of your documents.In some cases, this redirection may take up to three minutes.
Please do not close your browser window during this time. - Document Review and Signature
You may review and download your documents.
The digital signature is completed by entering an additional SMS code sent to the previously confirmed mobile phone number.
Requirements
- Valid passport or national ID card
- Stable internet connection
- Functional microphone and camera
- Mobile phone capable of receiving SMS codes
- Quiet and undisturbed environment
Debit card design
During the account opening process, you have the option to select a special design for your debit card.
The standarddesign is free. A fee applies for the special design. Display of terms and conditions for service- and debit cards
Use our account switching service
Just select the account suitable for you, we will do the rest for you quickly and for free.
All current accounts can also be used as pension accounts.
Would you like to apply for cashless pension payments? The relevant form is available at our branches. If you use 24You Online banking, you can also easily apply for the form online via your account manager contact.
Questions & answers
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I am not an Austrian citizen. Can I still open an account?
You can still open an account online if you hold one of the following nationalities and your main residence is in Austria:
Afghanistan • Egypt • Algeria • Andorra • Angola • Argentina • Armenia • Azerbaijan • Ethiopia • Australia • Bahrain • Bangladesh • Belgium • Belize • Benin • Bermuda • Bosnia and Herzegovina • Botswana • Brazil • British Virgin Islands • Brunei • Bulgaria • Burkina Faso • Burundi • China • Costa Rica • Côte d’Ivoire • Denmark • Germany • Dominica • Dominican Republic • Djibouti • El Salvador • Eritrea • Estonia • Finland • France • Gabon • Gambia • Georgia • Ghana • Gibraltar • Greece • Greenland • Great Britain • Guernsey • Guinea • Haiti • Honduras • Hong Kong • Iraq • Iran • Ireland • Iceland • Israel • Italy • Japan • Yemen • Jersey • Jordan • Cameroon • Canada • Cape Verde • Kazakhstan • Qatar • Kenya • Kyrgyzstan • Colombia • Comoros • Congo • Democratic Republic of the Congo • Republic of Korea • Kosovo • Croatia • Kuwait • Laos • Latvia • Lebanon • Liberia • Libya • Liechtenstein • Lithuania • Luxembourg • Macao • Malawi • Malaysia • Maldives • Mali • Malta • Morocco • Mauritania • Mexico • Moldova • Monaco • Mongolia • Montenegro • Montserrat • Mozambique • Nepal • New Zealand • Nicaragua • Netherlands • Nigeria • North Macedonia • Norway • Oman • Pakistan • Panama • Peru • Philippines • Poland • Portugal • Rwanda • Romania • Zambia • Saudi Arabia • Sweden • Switzerland • Senegal • Serbia • Seychelles • Sierra Leone • Zimbabwe • Singapore • Slovakia • Slovenia • Somalia • Spain • St Helena • St Kitts and Nevis • South Africa • South Sudan • Syria • Taiwan • Tanzania • Thailand • Togo • Czech Republic • Tunisia • Turkey • Turkmenistan • Turks and Caicos Islands • Uganda • Ukraine • Hungary • Uzbekistan • Vatican City • Venezuela • United Arab Emirates • Vietnam • Cyprus
If you hold a different nationality, please visit one of our branches: Please make an appointment and bring a valid passport with you. -
I have dual citizenship. Can I open an account?
There are no restrictions in this regard. During the account opening process, you simply select one citizenship from the list. You can provide details of your second citizenship after the video verification.
Go to the current account comparison
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I have moved abroad. Can I still use my Bank Austria account?
Please note that changing your address to a foreign one may affect your foreign currency status and may require you to switch to an account suitable for non-residents.
Please contact your account manager for advice before changing your Austrian address to a foreign one.
24YouIn the red header bar, click on › My 24You › Personal details. In the › Customer profile section, click on the pencil icon on the right-hand side. You can now update your address details. Then click on › Proceed to signature and confirm the change to your details by entering the TAN you have been sent.
MobileBanking appIn your › Profile under › Settings › Personal Information, select › Change next to your current address to enter new details.
BranchAlternatively, you can visit us at one of our branches. We will update your details upon presentation of photo ID. On request, our staff on site will also be happy to issue you with your personal login details for your 24You online banking.
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Can I still open an account with Bank Austria if I live abroad?
Even if you are not a resident of Austria, Bank Austria will be happy to assist you as a commercial bank under certain conditions. If you are interested, please send an email to ipc.team@unicreditgroup.at, stating your telephone number. We will be happy to contact you by phone. Further information can be found on our website under Foreign banking.
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What is the procedure for switching a current account?
Your previous bank sends us a list of existing standing orders and all available information on direct debit mandates, together with SEPA direct debits initiated by the payee in the last 13 months.
SEPA direct debits and credit transfers will no longer be accepted with effect from the date specified in the authorisation.
Similarly, standing orders will no longer be executed with effect from the date specified by you.
We also receive information on recurring credit transfers made to your payment account over the last 13 months. -
Who can use the account switching service?
Any private individual who opens a new account with Bank Austria and wishes to close their account with their previous bank.
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How can I change my account model?
If you would like to switch from an existing Bank Austria account to a different account model, you can do so easily in your 24You online banking. After logging in, click on › Add product › Current accounts › Change account on the left-hand side. When you change accounts, your account number and standing orders remain unchanged. Change account model in 24You
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How can an authorized signatory be added to an account?
In this case, please visit one of our branches. Our staff there will be happy to help you with your request. Please note that all account holders and future authorized signatories must visit a branch in person to sign the change by hand. Please remember to bring identification documents. Make an appointment at your preferred branch now.
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Why do I receive paper account statements?
We are required to provide customers with their account balance via account statement at least once every quarter. In your 24You online banking, you can view your electronic account statements, change your settings for e-statements, or switch from paper statements to electronic statements.
24YouAfter logging into your 24You online banking, select › My 24You in the red header bar, then › Services › E-account statements › Change e-account statement settings › define for which of your accounts you would like to receive monthly e-statements › Go to signature. The electronic account statements completely replace the paper account statements. Once you have ordered electronic account statements, you will only receive all account statements as PDF files in your 24You online banking and your MobileBanking app, starting on the first working day of the following month.
MobileBanking appTap on › Products › Current Accounts › select desired account › Services › E-account statements. The electronic account statements completely replace the paper account statements. Once you have ordered electronic account statements, you will only receive all account statements as PDF files in your 24You online banking and your MobileBanking app, starting on the first working day of the following month. Electronic account statements are available for seven years.
BranchYou can also print out your account statement at the account manager in a branch with a self-service foyer. You can find the current opening hours of the respective locations in our branch finder.
- 1The offer applies to new account customers who open a Bank Austria current account in combination with online banking by December 31, 2026. The account maintenance fee is waived for one year from the date the account is opened (the quarter in which the account is opened plus the following four quarters); thereafter, the agreed standard account maintenance fee will be charged. Information on any additional costs is available at bankaustria.at/en/legal-information-display.jsp.
- 2 CashBack Online: a co-operation with BenefitWorld GmbH. More information and partners at cashbackonline.at
- 3The offer applies to for new Bank Austria Mastercard credit card customers. If you apply for a Bank Austria Mastercard Classic, Gold, Platinum or World credit card by 31 December 2026, no annual card fee will be charged for the primary card in the first year of the contract. From the second year onwards, the annual fee agreed in the card contract applies. Any additional fees can be found at bankaustria.at/en/legal-information-display.jsp. This promotion cannot be combined with other special credit card offers. Credit card approval is subject to a credit check.
September 2026
