Why is cash so important to Austrians?
FOR MEMBERS

Why is cash so important to Austrians?

Austria’s love for cash payments can be seen through the saying “Nur Bares ist Wahres” (only cash is true), which captures a prevalent sentiment across the country. But why, in a digital age, is Austria so keen on cash payments?

Austrian court upholds acquittal for cashing in scrap euros

Austrian court upholds acquittal for cashing in scrap euros

Five traps to avoid when transferring money to and from the UK
PARTNER CONTENT

Five traps to avoid when transferring money to and from the UK

Man finds €269,500 in his cellar – and hands it to the police

Man finds €269,500 in his cellar – and hands it to the police

The best ways to send money abroad: a quick guide
PARTNER CONTENT

The best ways to send money abroad: a quick guide

Austrians spend big on meat, leisure time…and sex toys

Austrians spend big on meat, leisure time…and sex toys

Bank takes new €50 note on Austrian-wide tour

Bank takes new €50 note on Austrian-wide tour

Foreigners ‘finance Austria’s pension system’

Foreigners ‘finance Austria’s pension system’

Vienna plummets in income ranking

Vienna plummets in income ranking

Austrians ‘have more money than Germans’

Austrians ‘have more money than Germans’

Austrian exchange slumps over Asia fears

Austrian exchange slumps over Asia fears

ECB announces economy boost

ECB announces economy boost

Third of Austrians struggle to pay bills

Third of Austrians struggle to pay bills

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Austrian children get generous pocket money

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Austrian Schaeffler tops German rich list

Austria freezes Ukrainian PM’s son’s assets

Austria freezes Ukrainian PM’s son’s assets

July 1st brings in financial changes

July 1st brings in financial changes

Mr Red Bull: Dietrich Mateschitz

Mr Red Bull: Dietrich Mateschitz

Austrian millionaires richer than ever before

Austrian millionaires richer than ever before