Mufg Bank (Europe) N.V. Brussels Branch (Formerly The Bank of Tokyo-Mitsubishi Ufj, LTD.) SWIFT/BIC code

Mufg Bank (Europe) N.V. Brussels Branch (Formerly The Bank of Tokyo-Mitsubishi Ufj, LTD.) SWIFT code: BOTKBEBX

The short code BOTKBEBX and the full code BOTKBEBXXXX identify the same bank: Mufg Bank (Europe) N.V. Brussels Branch (Formerly The Bank of Tokyo-Mitsubishi Ufj, LTD.), with its head office in Brussels. A BIC has a single purpose: it ensures that an international payment ends up at the right bank. It comes up mainly when dealing with payments that cross a border or a currency.

Further down you will find the practical side: receiving money at Mufg Bank (Europe) N.V. Brussels Branch (Formerly The Bank of Tokyo-Mitsubishi Ufj, LTD.), paying someone in another country and how to verify the code before you confirm a payment. Remember that the SWIFT code just identifies the bank, not the person: the IBAN or account number takes care of that.

How to check BOTKBEBX before you pay

The safest source for a SWIFT code is the recipient’s own bank details. When the code you were given does not match BOTKBEBX or BOTKBEBXXXX, do not guess.

If the code is wrong, the transfer might be delayed, bounce back or cost extra, and tracing it can take weeks. Do not forget the IBAN: an error there can be more difficult to correct than a wrong BIC.

Many banking apps check the format of IBANs and some suggest the matching BIC – that confirms the format, not the owner. More and more banks compare the payee name against the account – do not ignore a mismatch warning. A small test payment is a sensible step for large sums despite the extra fee.

Head office or branch code at Mufg Bank (Europe) N.V. Brussels Branch (Formerly The Bank of Tokyo-Mitsubishi Ufj, LTD.)?

With 2 codes in 1 locations, Mufg Bank (Europe) N.V. Brussels Branch (Formerly The Bank of Tokyo-Mitsubishi Ufj, LTD.) is one of the banks that register separate codes for branches and departments. The main code is BOTKBEBXXXX.

If nobody asks you for a branch code, use BOTKBEBXXXX or its short form BOTKBEBX. When you receive a specific code, stick to it rather than replacing it for the head office code.

The best way is to take the code directly from the recipient’s statement. Branch codes are sometimes changed or retired when banks reorganise, so do not rely on old paperwork.

Do you need BOTKBEBX for a SEPA transfer?

Within the SEPA zone, euro payments to an account in Belgium follow common rules, so the IBAN does the job in most cases. The BIC field is often optional for those payments.

The BIC does matter for payments in other currencies and when the money comes from outside SEPA. If a payment form asks for the BIC regardless, entering BOTKBEBX does no harm.

Euro payments within SEPA normally land within one business day; instant payments are faster if both banks offer them. Charges on SEPA payments are generally low as long as everything stays in euros.

How long does an international transfer to Mufg Bank (Europe) N.V. Brussels Branch (Formerly The Bank of Tokyo-Mitsubishi Ufj, LTD.) take?

How quickly a transfer arrives at Mufg Bank (Europe) N.V. Brussels Branch (Formerly The Bank of Tokyo-Mitsubishi Ufj, LTD.) depends on a few things: the currency, how many intermediary banks are involved, daily processing deadlines and time zones. Bank holidays in either country add extra days, since banks do not process on those days. Occasionally a bank wants to know about the purpose of a payment, which can hold things up.

A growing number of banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Each payment gets a unique transaction reference, the UETR, which your bank can use to see where the money is. Keep the payment confirmation – you will need it for any trace request.

If a payment has not arrived within the expected time, the person who paid should contact their own bank, not the receiving bank. Request from the sender the payment receipt with the date and reference; that often settles the question quickly.

Receiving money from abroad at Mufg Bank (Europe) N.V. Brussels Branch (Formerly The Bank of Tokyo-Mitsubishi Ufj, LTD.)

If you expect a payment from another country, give the sender all details at once. What they need is: the account holder’s name, account number or IBAN, BOTKBEBXXXX or BOTKBEBX and in many cases your postal address.

It helps to include the bank name and Brussels too, since some forms ask for it. Check each detail before you send them, because the sender’s bank usually copies them as is.

Do not be surprised if the incoming amount is below what the sender paid. Fees for incoming transfers differ from bank to bank; check the price list of Mufg Bank (Europe) N.V. Brussels Branch (Formerly The Bank of Tokyo-Mitsubishi Ufj, LTD.). Make clear with the sender who pays which costs, especially for larger amounts.

Scams that use SWIFT codes

Be alert if someone suddenly asks you to pay into a different account or a bank in another country. A real SWIFT code says nothing about whether the request is genuine.

Check changed payment details through a different channel, such as a phone number you already know, never via the email that asked for the change. Watch out for urgent requests, unusual wording or a sender address that is slightly off. If a payment has already gone to the wrong account, call your bank right away – speed improves the chance of getting it back.

Scams can also work the other way. Someone claims to have sent more than agreed and wants you to return the difference. Wait until the money has really arrived and check with Mufg Bank (Europe) N.V. Brussels Branch (Formerly The Bank of Tokyo-Mitsubishi Ufj, LTD.) if anything seems off.

Why Mufg Bank (Europe) N.V. Brussels Branch (Formerly The Bank of Tokyo-Mitsubishi Ufj, LTD.) has an 8- and an 11-character code

Every SWIFT/BIC code starts with an 8-character core: four letters for the bank, two letters for the country and two characters for the location. Together, these eight characters form BOTKBEBX, the code most people search for.

The long version adds a three-character extension for a branch or department. If the last three are XXX, they simply mean the head office.

Leave out spaces or dashes when you enter BOTKBEBX or BOTKBEBXXXX. Pasting the code beats typing it by hand.

What a transfer from Mufg Bank (Europe) N.V. Brussels Branch (Formerly The Bank of Tokyo-Mitsubishi Ufj, LTD.) abroad really costs

The price of a payment abroad has more than one component, and the transfer fee is only the most visible one. On top of the transfer fee, correspondent or intermediary banks may take a cut, and when the money changes currency, the bank often applies a rate that is less favourable than the real market rate.

The real cost is often in the rate: the bank converts using an exchange rate with a margin built in. An easy check: set the rate you get against the mid-market rate and look at the difference.

Specialist money transfer services often offer rates closer to the mid-market rate with clearer fees. GoldexPay lists transfer providers next to each other so you can see what actually arrives before you commit. You can still use your account at Mufg Bank (Europe) N.V. Brussels Branch (Formerly The Bank of Tokyo-Mitsubishi Ufj, LTD.); only the conversion and sending happen elsewhere.

How up to date is this code?

This directory draws on public sources and we update it periodically. It can happen that a code on this page is out of date after a merger or reorganisation. The number of codes we show reflect our own data and not on information from Mufg Bank (Europe) N.V. Brussels Branch (Formerly The Bank of Tokyo-Mitsubishi Ufj, LTD.) itself.

For any payment of any size, always check the BIC with the recipient’s bank or with the recipient. GoldexPay is an independent comparison site for money transfers and not affiliated with Mufg Bank (Europe) N.V. Brussels Branch (Formerly The Bank of Tokyo-Mitsubishi Ufj, LTD.). Spotted outdated information? Tell us via our contact form so we can correct it.

The Euro and what conversion costs you

Accounts at Mufg Bank (Europe) N.V. Brussels Branch (Formerly The Bank of Tokyo-Mitsubishi Ufj, LTD.) are typically held in EUR, the local currency of Belgium. When you pay money in a different currency gets converted at some point – by your bank, by Mufg Bank (Europe) N.V. Brussels Branch (Formerly The Bank of Tokyo-Mitsubishi Ufj, LTD.) or by a bank in between. Each conversion eats into the amount, even when no fee is shown.

Who does the conversion has an effect on the final amount. In many cases you pay less to send EUR directly through a provider that converts near the mid-market rate rather than letting the receiving bank convert.

The EUR rate changes constantly. If you pay regularly, small differences in the rate add up over a year.