Austria · Business Banking
Opening business and personal bank accounts, remote options, required documents, and fees.
AI-drafted, editorial review pending. The official links below are checked — confirm specifics with the authority.
Banks are supervised by the Financial Market Authority (FMA) together with the Oesterreichische Nationalbank. Opening a personal account needs an identity document and usually proof of a registered address, and consumers legally resident in the EU have a legal right to a basic payment account. For a new company the account comes before formation is complete, because the share capital is paid in at a bank and the bank's confirmation goes with the register application.
- Deposits are protected up to €100,000 per depositor per bank under the EU-harmonised deposit guarantee; Einlagensicherung AUSTRIA runs the scheme for most banks.
- Consumers legally resident in the EU have a statutory right to a basic payment account.
- Banks verify identity and beneficial owners under the anti-money-laundering rules, so a company account needs its ownership chain documented.
- Financial Market Authority (FMA)
Financial Market Authority: supervision of banks and financial firms.
- Oesterreichische Nationalbank
Central bank, with a role in banking supervision.
- Einlagensicherung AUSTRIA
Statutory deposit guarantee scheme for most Austrian banks.
Government portals
- oesterreich.gv.at — Austrian Government Portal — Guidance and online services for residents, including residence registration and ID Austria.
- USP — Business Service Portal — Online company formation (e-start-up), beneficial-owner filings and business dealings with the authorities.
- Federal Ministry of Finance (BMF) — Tax, customs and online filing through FinanzOnline.
- Migration Platform of the Austrian Federal Government — Red-White-Red Card, EU Blue Card and family reunification, with a points calculator.