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Best way to send: Wise
We tested & reviewed 5 money transfer companies offering services between India and Austria, and Wise scored highly.
In total, Wise appeared in 92.9% of India to Austria searches, and was the top rated company out of 5 that support transfers into Euro.
So for a great mix of cost, speed & features, make your India to Austria transfer using Wise.
Getting the best deal on your India to Austria transfer
- Always compare rates
Don't pay more than you have to. Our live comparison tool will give you the best rates for sending money from India to Austria.
- Choose a provider
Select the provider that offers you the best value & service for transfers between India and Austria.
- Click, sign up & send
Follow the steps & make your transfer. Your funds will soon be on their way to Austria.
Summary of recent searches
What to consider ahead of money transfers from India to Austria
Comparing based on your specific needs is the best way to send money from India to Austria with confidence.
Our analysis, and search results, include 5 providers that operate between India and Austria. These are ranked by speed, overall cost and ease of use.
Through this, you get a comprehensive view of all the options you have in India when you need to send money to Austria.
Cheapest way to transfer money to Austria from India: Wise
Data collected over the past six months shows that Wise is 0% cheaper than the second-best option.
Wise offers this through a combination of an average 0.95* INR fee per transfer and exchange rate between INR-EUR that is 0% different to the mid-market rate
If you want the cheapest way to send Indian Rupee to Austria, Wise is our recommended choice.
*The most common fee applied to INR-EUR by Wise, based on data from the past six months.
Fastest company to send money to Austria from India: Wise.
Through our data, Wise was the quickest way to send money from India to Euro 87.5% of the time.
Sending money through Wise to Austria from India has an average fee of 18.7 INR.
To understand who was the fastest, we tested Wise as part of 5 money transfer providers. Within this, we looked at the overall speed of sending money from India to Austria. This was made up of transfer times to Austria after Indian Rupees were added to a money transfer account.
When fast money transfers between India and Austria are a priority, Wise is our recommended choice.
Need to make a large transfer?
Wise is the best option for large transfers of the 5 providers compared.
While Wise may not always be the cheapest or fastest way to send INR from India to Austria, it's a great provider for larger transfers for things like buying or selling property.
Understanding the cost of transferring money to Austria from {countryFromName}}
Fees and exchange rates make up the total cost of sending money from Austria to Austria. Finding a company that can offer both ensures a good deal on your transfer.
The Mid-Market and Exchange Rates: The current INR-EUR mid-market rate is 0.0111 EUR per Indian Rupee. You will get more Euro for your Indian Rupees if you find a provider close to this number.
For context, over the last three months the INR-EUR mid-market rate has had a high of 0.0112, a low of 0.0106 and averaged 0.0109 EUR per Indian Rupee.
Across the 5 companies compared, the best exchange rate is with Wise.
Unless fees are unusually high, the exchange rate you receive on converting INR to EUR will be the biggest determining factor when working out the cost of transferring Indian Rupees to Austria.
Fees: Transfer fees are charged as part of the transfer. Wise at an average of 0.95 INR per transfer over the last 6 months, offers the lowest fees overall. We’d always recommend comparing providers for your exact send amount as fees may change.
Amount Received: Money transfer companies will show you the amount of Euro eventually received in Austria. You can assume that a lower cost of sending from India will result in more money received in Austria.
How to find the best exchange rate for Indian Rupee to Euro
Timing is essential for sending money between INR and EUR. The exchange rate you secure impacts how much EUR you get for your INR.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from INR to EUR has seen some fluctuation. On average, it stood at 0.0109.
During this period, the highest value recorded was 0.0112, while the lowest was 0.0106.
Wise, which is our recommended service to send money online from India to Austria offers an exchange rate that is only 0% above the mid-market rate.
Want to secure the best INR-Euro exchange rates?
Sign up for our rate alerts and we'll tell you when it's the best time to move your money from India to Austria!
Payment methods available to fund your India to Austria transfer
Bank transfers
Bank transfers are often the better option for money transfers from India to Austria.
Sending money via a bank transfer with a company such as Wise for transfers from India to Austria allows you to benefit from lower fees and more favorable exchange rates than you would get with a traditional bank.
On average, Wise is the best provider for bank transfers of the 5 we tested when sending INR to Austria.
With an average fee of INR0.95 to send money from India to Austria, Wise offers a great combination of competitive exchange rates and lower fees.
Debit and prepaid cards
Sending money from India to Austria with a prepaid or a debit card is very simple with Wise.
Wise is a leader in card payments for transfers from India to Austria, competing among a total of 5 active money transfer companies on this route.
Credit cards
When it comes to transferring money with a credit card from India to Austria, Wise emerges as our top choice of the 5 companies offering this service.
Beware of fees: using a credit card to transfer money often results in a fee being charged by your card issuer. Where possible, we recommend a bank transfer or debit card payment instead.
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Austria and India.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from India to Austria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send INR to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.
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