International Transfers

International payments include:

  • Payments across national borders
  • Payments within Austria in a foreign currency
  • Payments within Austria where at least one participant is a non-resident

We offer two cost-effective methods for international transfers within Europe. They require that these prerequisites are fulfilled:

 

EU standard transfer

Europe transfer

FIT payment*)

Non-cash transfers to/from the following country/countries/banks

30 countries: EU 27 + Liechtenstein, Norway, Iceland
(= EAA countries**)

To Denmark, Great Britain, Norway, Sweden, Switzerland

Erste Bank Croatia
Erste Bank Serbia
Erste Bank Hungary
Ceska Sporitelna
Slovenska Sporitelna
Banca Comercială Română

Transfer currency

Order amount

Euro
≤ € 50,000

In each national currency to a maximum of € 12,500
(DKK, NOK, GBP, CHF)
up to € 5,500 (SEK)

Contracting entity and beneficiary account in transfer currency, each amount

Other criteria

IBAN + BIC required
- charge sharing

Charge sharing or charges to the contracting entity (exception: charges to the beneficiary only in Switzerland)  

Charge sharing or charges to the contracting entity (exception: charges to the beneficiary only in Croatia and Serbia)

Fees

As for domestic transfer

Lower cost than traditional international payments

Lower cost than traditional international payments

Transfer duration

1 bank working day

1 bank working day (with the exception of Switzerland)

1 bank working day (with the exception of Croatia and Serbia)

*) FIT-Payment stands for ‘Fast Intragroup Transfer’ and is valid for all customers of the Erste Bank Group domestically and internationally
**) *EEA = EU + EFTA countries

Please provide the IBAN (international bank account number) of the recipient and the BIC (bank identifier code, also known as the SWIFT code) of the recipient bank on all international transfers within the EU*.
If the IBAN or BIC are missing then the recipient bank can process your request or may return it and charge costs.

Note:
The IBAN of your account is given at the bottom of your statement.
The BIC of your banking institute is on the imprint.

*) This includes all EU member states in the EURO area as well as all other EU member states and also Iceland, Liechtenstein and Norway. Switzerland has also adopted this resolution.