SWIFT/BIC code FUDALU51XXX
FUDALU51XXX belongs to Pictet Institutional in Luxembourg, Luxembourg.
Code details
| SWIFT/BIC code | FUDALU51XXX |
|---|---|
| 8-character code | FUDALU51 |
| Branch code | XXX |
| Bank | Pictet Institutional |
| Branch | Head office |
| City | Luxembourg |
| Country | Luxembourg |
How the Pictet Institutional SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- FUDA Bank code
- 4 letters that identify the bank.
- LU Country code
- 2 letters for the country (ISO 3166).
- 51 Location code
- 2 characters for the city or region of the head office.
- XXX Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
What bank is behind SWIFT code FUDALU51XXX?
FUDALU51XXX identifies the head office of Pictet Institutional in Luxembourg, Luxembourg. It is the code to use when you send money to an account at Pictet Institutional.
Does Pictet Institutional use only one SWIFT/BIC code?
Yes, FUDALU51XXX is the only SWIFT/BIC code listed for Pictet Institutional in Luxembourg, so you do not need to pick a branch code.
What does each part of FUDALU51XXX mean?
FUDA is the bank code of Pictet Institutional, LU is the ISO code of Luxembourg, 51 is the code for the city or region and XXX means the head office.
Do I need FUDALU51XXX to send euros to Luxembourg?
Luxembourg is part of the SEPA area. When you send euros the IBAN is usually enough and many banks fill in the BIC automatically. If you send another currency you do need FUDALU51XXX.
What is the cheapest way to send money to Pictet Institutional?
Many banks add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send.
How long does a transfer to Pictet Institutional take in Luxembourg?
Euro transfers within SEPA normally arrive the next business day, instant payments within seconds. Transfers in other currencies can take 1–3 business days.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.