Austria uses the Euro (EUR) as its official currency. Payment infrastructure is modern, with widespread acceptance of electronic and contactless methods. Travelers should be aware of cash limits and typical transaction fees.
- Official currency: Euro (EUR)
- Accepted payment methods: Cash, major credit/debit cards (Visa, Mastercard, American Express), and mobile payments (Apple Pay, Google Pay, Alipay in some locations)
- Contactless payments: Widely accepted in shops, restaurants, and public transport
- ATM availability: Extensive; international cards generally accepted. ATMs are operated by major banks such as Erste Bank, Raiffeisen Bank, and Bank Austria.
- Currency exchange: Available at banks, airports, and licensed exchange offices. Banks typically offer better rates than airports or hotels.
- Foreign currency restrictions: No restrictions on bringing in or taking out foreign currency, but amounts over EUR 10,000 (or equivalent) must be declared to customs.
- Cash import/export limits: Up to EUR 10,000 (approx. USD 10,800) can be brought in or taken out without declaration. Exceeding this requires a customs declaration.
- Transaction fees: Foreign card transactions may incur fees (typically 1–3%). Some ATMs may charge additional withdrawal fees.
- Common issues: Some small businesses may accept only cash. Notify your bank before travel to avoid card blocks.
- Regulations: Austrian law requires identification for large cash exchanges and transactions above EUR 10,000.
