IBAN for Erste Bank
Erste Bank is a major bank in Austria. IBANs at Erste Bank are 20 characters long with SWIFT/BIC code GIBAATWW. Austria's largest savings bank. Bank code 20111.
Erste Bank
Austria · EUR
How to Pay Erste Bank in Austria via Bitwage
Austria is in the SEPA zone. Bitwage routes payments to Erste Bank accounts via SEPA instant transfer — typically settling in under 10 seconds, with fees far below a SWIFT wire.
Add Your Contractor
In Bitwage's contractor payments dashboard, add your Austria contractor. Enter their Erste Bank IBAN (20 characters) and SWIFT code GIBAATWW.
Fund Your Bitwage Balance
Deposit USD into your Bitwage Balance. No need to pre-convert to local currency — Bitwage handles FX at a locked rate.
Execute the Payment
Bitwage converts your USD to EUR and routes via SEPA. Your contractor's Erste Bank account is credited — typically same day.
Compliance & OFAC Screening
Bitwage screens every payment against OFAC sanctions lists before execution. International payments to Austria may require standard EU AML checks and contractor W-8BEN documentation. Bitwage handles this automatically for all Austria payments.
Key Terms & Resources
Other Banks in Austria
Also paying contractors at other Austria banks?
Erste Bank IBAN FAQ
Common questions about Erste Bank IBAN format, SWIFT code, and paying Austria contractors.
Erste Bank IBANs are 20 characters long and start with AT. A typical example is AT61 2011 1000 0012 3456. Austria's largest savings bank. Bank code 20111. For international payments you will also need the SWIFT/BIC code GIBAATWW.
The SWIFT/BIC code for Erste Bank is <strong>GIBAATWW</strong>. This identifies Erste Bank on the global SWIFT international wire transfer network. For SEPA transfers within the EU/EEA, the IBAN alone is sufficient — the SWIFT code is only required for non-SEPA international wires.
Add your contractor's Erste Bank IBAN to Bitwage's {{link:products/contractor-payments}} platform. Since Austria is in the SEPA bank transfer zone, Bitwage routes the payment via SEPA instant — typically settling in seconds at near-zero cost. No SWIFT wire fee.
Yes. With {{link:products/masspay}} you can include any number of Austria contractors — including multiple Erste Bank accounts — in a single CSV payment run. Bitwage validates each IBAN, locks the FX rate lock, and routes all payments simultaneously.
Related Resources
Pay Erste Bank in Austria
Without the SWIFT Fee
Skip the $25–50 wire fee. Bitwage routes via SEPA instant — faster and cheaper for every contractor payment.