Docs

Austria

Bank account

Service specification

TypeDescription
Direct to Bank methodDirect credit to bank account in EURO (EUR).
Supported beneficiary account type – individual only.
Supported Sender type - Individual only.
Transaction Turnaround Time- Real-time: 24x7 (within 15 minutes).
- If the transactions hit under partner screening, it might take maximum 48 hours to completed (Business hours)
- If the transaction reaches a compliance check on a non-business day, it will be processed on the next working day.
- All transactions are processed via Instant SEPA (real-time), otherwise it will be rerouted to SEPA (T+0) for beneficiary banks that do not support Instant SEPA.
Area availabilityRelated countries offered under SEPA EURO
Validation / Verification· No system validation on account available.
· The account number is using IBAN account number
Amount receivedBeneficiary received net amount as specified by Sender.
Transaction LimitMaximum per Transaction EUR 999,999
Minimum per Transaction EUR 1.00
Compliance accumulated limit EUR 45,000.00 per day per Beneficiary

Transaction will be on hold for compliance review based on the supporting document should the sender or receiver has exceeded the compliance limit.
Maximum BeneficiaryNo restriction
Service ChargeTransaction Fee will be refunded on best effort basis once the Transaction is accepted by the gloRemit® Service System and submitted by the gloRemit® Service System to the Payout Channel.
Cancellation ProcessCancellation is on best effort basis.
Remarks· Beneficiary address including Beneficiary City (bRegencyCode), and Beneficiary Postcode (bPostcode) are Mandatory Fields.
· Beneficiary address (bAddress) must be the full address registered with the beneficiary bank.
. Sender address including Sender City (sCity), and Sender Postcode (sPostcode) are Mandatory Fields.
· Sender and Beneficiary DOB are Mandatory Fields

· Registers of Participants in SEPA payment and payment related schemes | European Payments Council: https://www.europeanpaymentscouncil.eu/what-we-do/be-involved/register-participants/registers-participants-sepa-payment-schemes > (please refer SCT Inst and SCT)

There are list of industries that might lead the transaction screening:
· Pharmacies selling copy products without proper authority approval, incl. e-pharmacies
· Pornography industry (dating pages is as such acceptable)
· Tobacco industry
· Cannabis or other drugs in any form
· Weapons in any forms, including dual-use goods.
· Atomic power
· Extractive industries
· Precious metals and stones
· Companies selling counterfeit or infringed products
· Companies selling, storing or trading in Crypto currencies
· Binary Option Traders
· Pyramid schemes in any form
· Unregulated charities
· File sharing companies
· Shell banks
Do_Transfer bAccType Value1

Supported bank

NoNameIssuer Code
1SEPA AUSTRIA PAYOUT430001

Telegraphic transfer

Service Specification

TypeDescription
Direct to bank method Direct credit to bank accounts in US Dollar (USD) and Euro (EUR).
Supported beneficiary account type – Individual & company
Supported sender account type - Individual & company
Transaction turnaround time *T+1 business days for USD transaction processed and credited before 6pm (Mon-Fri) GMT +8.

*T+1 business days for EUR transaction processed and credited before 6pm (Mon-Fri) GMT +8.

Transaction sent on Saturdays, Sundays or public holidays will be processed on next Austrian business day.

*Processing time may vary based on the beneficiary bank’s cut-off time.
Area availability Austria nationwide
Validation / Verification No system validation on account available.
Amount received Beneficiary received net amount as specified by sender.
Transaction limit
Types of limitAmount
Maximum per transactionN/A
Compliance accumulated limit per day per beneficiary (USD)USD 50,000.00
Compliance accumulated limit per day per beneficiary (EUR)EUR 45,000.00
Maximum beneficiary No restriction
Service charge The transaction fee will be refunded on a best-effort basis after the transaction is accepted by the gloRemit® and forwarded to the payout channel.
Cancellation process Cancellation is on best-effort basis.
Remarks Beneficiary account currency must be the same with the currency of the transaction (USD or EUR).

Branch code is optional. If included, please enter exactly 3 characters to avoid the transaction being rejected.
Do_Transfer bAccType Value 11

List of Swift Codes

NoNameSwiftCode
13 BANKEN-GENERALI INVESTMENT-GESELLGEINATW1
23-BANKEN WOHNBAUBANK AGWOHAAT21
3A.B.S. FACTORING AGFACGAT21
4A1 TOWERS HOLDING GMBHTHLGATWW
5AAB INVESTMENT GMBHJMIGATW1
6ABBAG - ABBAUMANAGEMENTGESELLSCHAFTABADATW1
7ADDIKO BANK AGHSEEAT2K
8AGRANA BETEILIGUNGS AKTIENGESELLSCHAGRXATWW
9AIRPLUS AIR TRAVEL CARD VERTRIEBSGEAATAATW1
10ALDI SUED CASH MANAGEMENT GMBHALDIAT22
11ALLGEMEINE SPARKASSEASPKAT2L
12ALLIANZ INVEST KAPITALANLAGEGESELLSALIKATW2
13ALPEN PRIVATBANK AGALPEAT22
14ALPENLANDISCHE GARANTIE-GESELLSCHAFALGAAT21
15AMUNDI AUSTRIA GMBHCIVTATWW
16ANDRITZ AGANIIAT2G
17AUSTRIAN ANADI BANK A.G.HAABAT2K
18AUTOBANK AGAUTOATW1
19AVISO ZETA AG I.A.CPAGATW1
20BANCO DO BRASIL AGBRASATWW
21BANK AUSTRIA REAL INVEST IMMOBILIENAUTUATW1
22BANK AUSTRIA WOHNBAUBANK AGWOHNATW1
23BANK FUER TIROL UND VORARLBERG A.G.BTVAAT22
24BANK GUTMANN AKTIENGESELLSCHAFTGUTBATWW
25BANK MEDICI AGMDDIATW1
26BANK OF CHINA (CENTRAL AND EASTERNBKCHATWW
27BANK WINTER AND CO AGWISMATWW
28BANK99 AGSPBAATWW
29BANKHAUS CARL SPAENGLER UND CO. AKTSPAEAT2S
30BANKHAUS DENZEL AKTIENGESELLSCHAFTDENEATW1
31BANKHAUS JUNGHOLZ INTERNATIONAL PRIBHJUAT21
32BANKHAUS SCHELHAMMER SCHATTERA AGBSSWATWW
33BANKIA SA, VIENNA BRANCHCAHMATW1
34BAUSPARKASSE DER OESTERREICHISCHENBAOSATWW
35BAUSPARKASSE WUESTENROT AGWUBUAT2S
36BAUSPARKASSE WUSTENROT AKTIENGESELLLBLAATW1
37BAWAG P S K FORMERLY BAWAGBAWAATWW
38BAWAG P.S.K. (FORMERLY OESTERREICHIOVERATWW
39BAWAG P.S.K. SALZBURGDIRAAT2S
40BAWAG P.S.K. WOHNBAUBANK AKTIENGESEBAWOATW1
41BITPANDA GMBHBIPGATWW
42BKS BANK AGBFKKAT2K
43BLUE ROCK CAPITAL GMBHEUINATW1
44BMW AUSTRIA BANKBMASAT21
45BNP PARIBAS S.A. NIEDERLASSUNG OESTGEBAATWW
46CARD COMPLETE SERVICE BANK AGVIAUATW1
47CCP AUSTRIA ABWICKLUNGSSTELLE FUERCAAHATWW
48CITIBANK EUROPE PLC AUSTRIA BRANCHCITIATWX
49CITIBANK EUROPE PLC AUSTRIA BRANCHCITIAT21