Several business accounts in Austria have a no monthly fee option as of 11 May 2026, including the Finom free plan, the Revolut Business Basic plan, and Wise Business which charges no monthly fee. Free usually means no monthly fee, not no fees at all, since per transaction and currency conversion costs can still apply.
- No monthly fee options
- Yes, including Finom free plan, Revolut Business Basic, and Wise Business with no monthly fee
- What still costs
- Per transaction, ATM, and currency conversion fees can apply, and some allowances are capped
- Can a non resident open
- Possible where the business is registered in Austria. Verify with the provider.
- Most providers
- Multiple business accounts
General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.
What free means for a business account in Austria
A no monthly fee account removes the recurring account charge, but other fees can remain. Per transaction fees may apply once a free allowance is used, ATM withdrawals can cost, and currency conversion carries a margin on payments outside the euro. So a free headline can still cost money depending on how you trade. Compare the fee layer that matches your activity rather than the monthly price alone.
Accounts with no monthly fee
As of 11 May 2026, Finom offers a free starting plan with SEPA transfers and a card, then paid plans from a monthly fee for higher limits. Revolut Business has a free Basic plan with paid plans that add allowances. Wise Business charges no monthly fee, with a one time fee to open the account and activate local account details. Verify the current figures and any limits with each provider.
Costs that can still apply
Even on a free account, expect possible per transaction fees beyond the free allowance, ATM fees, and a currency conversion margin on payments outside the euro. As of 11 May 2026, Wise Business converts at the mid market rate plus a fee, and other providers apply a margin that varies by currency and plan. Confirm the current rate card with the provider.
What to check before you call an account free
When an account is described as free in Austria, check these points, as of 11 May 2026. Verify with the provider
- Whether the no monthly fee is unconditional or comes with capped allowances on transfers and cards.
- Per transaction fees once the free allowance is used, and any ATM fees.
- The currency conversion margin and any transfer fees on payments outside the euro.
How to compare free accounts
- List how you actually transact, including monthly volume, card use and payments outside the euro.
- Check whether the free plan allowances cover your activity each month.
- Compare the per transaction and international costs, not just the zero monthly headline, and confirm with the provider before you apply.
Compare business accounts available in Austria
These providers accept business customers in Austria and include no monthly fee options. Fees and eligibility shown as of 11 May 2026. Confirm current terms with the provider before applying.
Compare business accounts →Questions about business banking in Austria
Is there a truly free business account in Austria?
Does Finom have a free plan in Austria?
Does Wise Business charge a monthly fee in Austria?
Do free accounts charge for international payments?
Fees, features, and eligibility change and vary by region. This page was last reviewed on 11 May 2026. Confirm current terms with the provider before applying.