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Austria Banks and Changing Money



Banks and Changing Money

Out in the Austrian countryside, in small pensions, restaurants and shops, you'll find that cash is often the sole method of payment. In fact, there are plenty of relatively large towns where cash is still very much preferred. Make sure you always have a supply of cash on you, otherwise it's perfectly possible to carry your money in the form of debit/credit cards and withdraw money from cashpoints. Although not as convenient, travellers' cheques are still a good, safe option. Most banks in the West keep Austrian Schillings on hand for over-the-counter exchange, and it's a good idea to bring a small supply with you in case you can't find an exchange outlet on the first night.

Banking hours vary, but are generally Monday to Friday

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8am to 12.30pm and 1.30 or 2pm to 3 or 4pm. Banks stay open until 5.30pm on Thursdays. Outside these hours, you will have to rely on the Wechselstube , or exchange booths. Those with the longest hours (typically daily 8am-8pm) are usually found at big-city train stations and at airports. There are also 24-hour automatic exchange machines dotted around the bigger towns, accepting notes of most major currencies, although commission rates may be more punitive than those charged in a bank.


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11/23/2008 1:42:05 PM