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UniCredit Bank Austria UniCredit Bank Austria
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EU cross-border payments

Main features

  • Payments in EUR within the EU member states and the EEA member states.
  • IBAN is mandatory. The indication of BIC has no effect on the transaction.
  • no special instructions
  • shared bank charges

Cross-border payments within the EU are executed at the same price as domestic transfers if they meet the following criteria:

The following requirements apply: 
Transfer currency: euro 
Maximum amount: No limit
IBAN of recipient:  Indication of IBAN ("International Bank Account Number") of the payee is obligatory.
Cross-border payment
within the EU member states and EEA member states*:

Austria, Belgium, Bulgaria, Cyprus, Croatia, Czech Republic, Denmark, Estonia, Finland, France (incl. French-Guayana, Guadeloupe, Martinique, Mayotte, Réunion, St. Barthélemy, St. Martin - French part), Germany, Greece, Hungary, Iceland*, Ireland, Italy, Latvia, Liechtenstein*, Lithuania, Luxembourg, Malta*,  Netherlands, Norway*, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom.

No special instructions  (e.g. "advice", "urgent",...) 
Shared charges:  Bank charges in Austria debit to the payer, outside Austria debit to the payee. Other fee options are not possible.



The SWIFT norms require that every foreign payment order include instructions for the transfer charges. The instructions agreed for EU cross-border payments are “shared charges”, a standard definition which also applies to domestic payments.

In Austria, charges for domestic payments are included in the terms and conditions for maintaining an account. But in some other EU countries customers are required to pay a transaction fee for each domestic payment.
In the case of EU cross-border payments, the payee who is in another EU country is only required to pay the charges which arise through payments received from that particular country. However, such charges vary from country to country.

In non-euro countries, the charges for transfers in euro are the same as those for domestic foreign-currency transfers (in accordance with EU Regulation 2560/2001), even if the customer holds a euro account (= foreign-currency account) there.

Important: IBAN and BIC

For the low-cost and quick execution of your EU cross-border payment order, you have to indicate the IBAN. The IBAN is an internationally standardised description of the banking connection. It includes the country code, bank and account data, as well as a check digit (for example: AT 51 1200 0123 4567 8900).

The BIC is a bank’s identification code which is used worldwide. It is also often referred to as SWIFT code. Bank Austria’s BIC is: BKAUATWW.

Your payments can only be transmitted automatically and treated as low-cost EU cross-border payments if the IBAN is indicated. Conversely, individuals living abroad who wish to transfer money to you have to indicate the IBAN of your accounts held at Bank Austria.

Bank Austria customers find their personal IBAN and the BIC in the bottom line of their account statements, in OnlineBanking (Financial Status - Account details) and on their BankCard .

Of course you can also give cross-border payment order via TelefonBanking on tel. 05 05 05-15. Further details are provided under a seperate item in OnlineBanking.

IBAN calculator

Bank Austria has decided not to make an IBAN calculator available. Tests of IBAN calculators made available by banks and other providers have shown that input mistakes – e.g. input of a 9-digit account number – can lead to wrong results. In such cases, payment orders cannot be executed at the same price as domestic transfers, or not at all. Therefore the beneficiary should be contacted directly to find out the IBAN of his/her account.

You can use the 24h ServiceLine ( within Austria: 050505 25) around the clock to enquire for an IBAN at Bank Austria. For any such enquiry, a correct 11-digit Bank Austria account number must be indicated.