Austria has been tightening its stance on customs duties and immigration compliance throughout 2025. With stricter reporting requirements for temporary residents and cross-border workers, individuals must now handle their finances, especially international remittances, with greater care. For many living or working in Austria, sending money from Austria in EUR to the US in USD is becoming increasingly frequent and urgent.

The Problem with Traditional Transfers: Costly, Slow, and Opaque

Banks still dominate cross-border money transfers using the outdated SWIFT infrastructure. The process involves high fees—up to €30 per transaction (source: Erste Bank International Transfer Fee Chart)—delayed delivery (3–5 business days), and worst of all, no visibility into the transaction’s status once sent. That’s a nightmare for individuals sending tuition fees or supporting family members abroad.

Panda Remit: Fees Only 1/10 of Traditional Banks, and Lightning-Fast Delivery

Panda Remit, a digital-first remittance platform, offers a seamless alternative with fees as low as one-tenth of traditional services. In many cases, users can send EUR from Austria to USD accounts in the US for under €2 per transaction. Combined with live exchange rate previews, users can monitor the EUR to USD market and lock in favorable rates instantly.

Real-Time Tracking = Peace of Mind

Thanks to Panda Remit's real-time tracking feature, you can see the progress of every transfer—from initiation, to processing, to final arrival—in the app. No more anxious waiting. Just transparency and peace of mind.

3 Simple Steps to Send EUR to USD Today:

1. Sign up through the Panda Remit app or website

2. Enter recipient’s USD account details

3. Pay in EUR and follow your transaction in real-time

Panda Remit supports only personal transfers, including tuition, exam fees, and family support. Business or corporate transactions are not allowed, ensuring regulatory safety and clarity for individual users.

Final Thoughts:

In today’s stricter regulatory environment in Austria, choosing a smart, low-cost, and trackable remittance solution is no longer optional—it’s essential.

Sign up today and enjoy zero fees on your first transfer!