Is Open Money available for business in Austria?

By Morten Andersen, cofounder of Business Bank Index
Reviewed by Fredrik Filipsson · Last reviewed 14 February 2026
Availability

Open Money for business in Austria: Not available

Key eligibility
Open works with current accounts at Indian banks and serves businesses registered in India
Non resident position
No service for a company registered in Austria. Open is built around Indian bank accounts and Indian businesses
Local currency support
Indian rupee accounts through partner banks in India, not a local euro account in Austria
Headline monthly fee
Not applicable in Austria
Availability and fees as of 14 February 2026Last reviewed 14 February 2026

General information, not financial, legal, or tax advice. Verify current terms and eligibility with the provider before applying.

Open does not serve business customers in Austria. As of 14 February 2026, Open is an Indian corporate banking platform that connects to current accounts at banks in India and is built for businesses registered in India. A company registered only in Austria cannot use it as a local business account. Verify the current position with the provider.

Does Open Money serve business customers in Austria?

No. Open is an India based platform that sits on top of current, overdraft and escrow accounts at more than 40 Indian banks, giving Indian finance teams one place to view balances, make payments and reconcile transactions. Its accounts and integrations are with banks in India, so it does not provide a local business account for a company registered in Austria as of 14 February 2026. Confirm the current position with the provider.

Eligibility for businesses in Austria

Open expects a business registered in India with a current account at one of its Indian partner banks, and it complies with Indian Know Your Customer rules. A company registered only in Austria does not meet that requirement and cannot use Open as a local account as of 14 February 2026. Verify with the provider

What it costs locally

There is no local Austria pricing, because Open does not offer an account there. Its plans and the underlying bank accounts are priced for the Indian market in Indian rupees and are not a local euro account for a business in Austria. As of 14 February 2026. As of 14 February 2026

What local users report

Because Open does not serve Austria, there is no meaningful local user experience to report for companies registered there as of 14 February 2026. Businesses that need a euro account should look at providers confirmed to serve the market.

Open Money does not appear to serve business customers in Austria as of 14 February 2026, or the position is unclear. Verify directly with the provider. Providers confirmed available in Austria are listed on the Austria country guide.

Questions about Open Money in Austria

Is Open Money available for business in Austria?
No. As of 14 February 2026, Open is an Indian corporate banking platform for businesses registered in India and does not offer a local business account in Austria. Verify the current position with the provider.
Can a company in Austria use Open Money?
Not as a local account. Open connects to current accounts at Indian banks and serves Indian businesses, so a company registered only in Austria cannot use it. Confirm directly with the provider as of 14 February 2026.
Does Open Money offer a euro account?
As of 14 February 2026, Open works with Indian rupee accounts at partner banks in India and does not provide a local euro account for a business in Austria. Verify with the provider.
What can a business in Austria use instead?
Providers confirmed to serve business customers in Austria are listed on the Austria country guide. As of 14 February 2026, check each provider current eligibility before applying.

Availability, fees, and eligibility change. This page was last reviewed on 14 February 2026. Confirm the current position with Open Money before applying.

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