Best option: Wise
We tested & reviewed 25 money transfer providers, and Wise scored highly in each category.
Over the last six months, Wise appeared in 100% of United Kingdom to Austria searches, and was the top rated company supporting money transfers between GBP and EUR.
For a great mix of cost, speed & features, transfer from United Kingdom to Euro using Wise.
Getting the best deal on your United Kingdom to Austria transfer
Considerations ahead of sending money from United Kingdom to Austria
A comparison of providers offering services between the United Kingdom and Austria, based on your specific transfer amount is the best way to send money with the confidence you’re getting the best price.
We’ve compared 25 providers that provide services for sending Pound Sterling to Austria. This ensures you will get the best options for your transfer to Austria from the United Kingdom.
Whilst we rate Wise as the best overall, comparing gives you a comprehensive view of all the options for transferring money from the United Kingdom to Austria.
Cheapest way to transfer money to Austria from the United Kingdom: TransferGo
Data collected over the past six months shows that TransferGo is 0.3% cheaper than the second-best option.
TransferGo offers this through a combination of an average 0* GBP fee per transfer and exchange rate between GBP-EUR that is 0.32% different to the mid-market rate
If you want the cheapest way to send Pound Sterling to Austria, TransferGo is our recommended choice.
*The most common fee applied to GBP-EUR by TransferGo, based on data from the past six months.
Fastest way to transfer money from United Kingdom to Austria: Wise
Our data shows that Wise came up as the fastest option for sending Pound Sterling into Euro in 85.7% of searches. This makes them well suited to urgent GBP to EUR money transfers.
The average fee for a GBP-Euro transfer through Wise is 7.38 GBP.
To get the 'fastest' option we compared 25 providers for overall speed of sending money from the United Kingdom to Austria - this includes depositing Pound Sterling, transfer times, withdrawal timeframes in Austria.
When speed matters, Wise is your best choice for sending into Austria from the United Kingdom.
Need to make a large transfer?
Wise is the best option for large transfers of the 25 providers compared.
While Wise may not always be the cheapest or fastest way to send GBP from the United Kingdom to Austria, it's a great provider for larger transfers for things like buying or selling property.
Understanding the costs involved when transferring money to Austria from United Kingdom
When calculating the cost of sending money from the United Kingdom to Austria, a combination of fees and exchange rates ensure the best deal:
The Mid-Market and Exchange Rates: The current GBP-EUR mid-market rate is 1.2094 EUR per Pound Sterling. Finding a provider as close to this number as possible will ensure more Euro for your money.
As a comparison, the GBP-EUR mid-market rate for the past three months has averaged 1.1863 EUR per Pound Sterling, hitting a high of 1.2086 and a low of 1.161.
Wise is currently offering the best exchange rate on transfers between the United Kingdom and Austria.
Often the GBP-EUR exchange rate you receive will be the biggest factor impacting the cost of sending Pound Sterling to Austria.
Fees: Transfer fees are charged on top of a transfer. Western Union currently offers lowest fees, at an average of 0 GBP over the last 6 months. Although, we recommend searching for your exact send amount for an exact fee.
Amount Received: The total amount received in Euro is the biggest indicator in the total cost of sending money to the United Kingdom from Austria. The higher the total amount received in Austria, the lower the cost of sending from the United Kingdom.
How to find the best exchange rate for Pound Sterling to Euro
Timing is essential for sending money between GBP and EUR. The exchange rate you secure impacts how much EUR you get for your GBP.
Let's dive into some interesting recent trends.
Over the past six months, the exchange rate from GBP to EUR has seen some fluctuation. On average, it stood at 1.1863.
During this period, the highest value recorded was 1.2086, while the lowest was 1.161.
Wise, which is our recommended service to send money online from United Kingdom to Austria offers an exchange rate that is only 0.01% above the mid-market rate.
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Funding your United Kingdom to Austria transfer
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between Austria and United Kingdom.
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 United Kingdom to Austria.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send GBP to EUR.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.