Lutetia Capital SWIFT/BIC code

Lutetia Capital SWIFT code: LUTCFRP1

The short code LUTCFRP1 and the full code LUTCFRP1XXX refer to one and the same institution: Lutetia Capital in Paris, France. Banks worldwide use BIC codes to route payments between countries to the right institution. It comes up mainly for payments that cross a border or a currency.

This page is meant to help anyone who sends money to an account at Lutetia Capital and wants to get the details right. The SWIFT code alone does not identify a personal account; for that you need the IBAN or account number .

The Euro and what conversion costs you

The currency in France is the Euro (EUR). A payment in a foreign currency is converted into EUR on its way to Lutetia Capital – and the bank that does it picks the rate. Each conversion eats into something – usually through the rate rather than a fee.

Who does the conversion affects the final amount, since every bank sets its own rate. In many cases it is cheaper to send EUR directly through a transfer service that converts near the mid-market rate rather than letting the receiving bank convert.

The rate for EUR fluctuates throughout the day and quotes are often valid only for a short time. If you pay regularly, a slightly better rate add up over a year.

Why Lutetia Capital has an 8- and an 11-character code

A BIC is built from a few fixed parts: the first four letters stand for the bank, the next two show the country and characters seven and eight indicate the location. That gives you LUTCFRP1 for Lutetia Capital.

XXX at the end of LUTCFRP1XXX is not a placeholder or a mistake: it stands for the main office of Lutetia Capital. Some banking apps insist on 11 characters, and then you can add XXX after LUTCFRP1.

Leave out spaces, dots when you enter LUTCFRP1; the code is always written in one block. Look out for the letter O and the digit 0 or the letter I and the digit 1.

Before you send: check the Lutetia Capital code

The most reliable source for a SWIFT code is the recipient’s own bank details. Compare that code with LUTCFRP1 here and ask if anything does not match.

With a wrong code, the transfer may get stuck, bounce back or end up costing more – sometimes after weeks of searching. Remember the IBAN: an error there can be harder to undo than a wrong BIC.

A validity check by your bank merely tells you that the code exists. Some banks now check the name against the account before you confirm. For a first payment, some people send a small test amount.

Head office or branch code at Lutetia Capital?

Our database contains 2 SWIFT/BIC codes for Lutetia Capital. Next to the head office code LUTCFRP1XXX, you will find codes for individual branches and departments.

Usually there is no need to pick a branch: transfers addressed to LUTCFRP1XXX reach Lutetia Capital correctly. Branch codes are only needed if the account holder explicitly mentions it.

If you are not sure, check with the recipient which code their bank gave them. Branch codes are sometimes changed or retired over time, so a code from an old document is not always valid.

Getting paid from abroad into a Lutetia Capital account

If you expect a payment from another country, give the sender everything they need in one go. That means: your full name exactly as it appears on the account, your account number or IBAN, the BIC LUTCFRP1XXX and usually your address.

Their bank may request the bank address of Lutetia Capital. Check each detail before you send them.

Do not be surprised if the amount credited is smaller than the amount on the sender’s receipt. Fees for incoming transfers vary from bank to bank – the price list of Lutetia Capital tells you what applies. On invoices, it is common to state who bears the costs, so that nobody is left short.

What a transfer from Lutetia Capital abroad really costs

When you send money abroad through Lutetia Capital, the fee you see is only part of what you pay. Besides a fixed fee, banks in between can take a cut, and if the money changes currency the bank often applies a rate that is less favourable than the real market rate.

That exchange rate margin tends to be the largest item. An easy check: put the rate you get against the mid-market rate for the same moment and work out the difference on your amount.

Money transfer services often use rates closer to the mid-market rate with clearer fees. GoldexPay compares what recipients receive with different providers, so you can pick the cheapest route. Choosing a specialist does not require closing your account at Lutetia Capital.

Euro transfers to Lutetia Capital: is a BIC needed?

France is a member of the Single Euro Payments Area (SEPA), the zone for uniform euro payments. When you send euros from another SEPA country, the IBAN is usually enough.

You will still need LUTCFRP1XXX when sending non-euro payments or transfers from countries outside SEPA. A few forms also ask for the BIC out of habit; if so, fill in LUTCFRP1.

SEPA transfers usually arrive by the next business day. Provided no currency is converted, the transfer tends to be cheap; costs rise once a conversion is involved.

Watch out for payment fraud

One of the most common tricks works like this: you receive a request saying that a company has new bank details and asking you to pay there from now on. A real SWIFT code tells you nothing about who owns the account.

Check new bank details through a separate channel, never via the email that asked for the change. Watch out for time pressure, odd spelling or a sender address that is slightly off. When money has already gone to a fraudster, call your bank right away – speed improves the chance of getting it back.

People receiving money can be targeted as well: one known trick is a buyer who pays too much followed by a request to send back the difference. Wait until the money has really arrived.

Where our SWIFT data comes from

We collect bank codes using public sources and check our list regularly. Even so, banks merge, rename themselves or change codes and our data may lag behind. Figures such as the number of codes are from our directory.

Before a payment of any size, always confirm the code with the recipient’s bank or the recipient. We are an independent comparison site for money transfers and not affiliated with Lutetia Capital. Found an error? Tell us via our contact form.

Tracking a transfer to or from Lutetia Capital

How fast a transfer arrives at Lutetia Capital is determined by several factors: the currency, the number of banks in between, daily processing deadlines and time zones. Payments made after the cut-off time or on a weekend or public holiday often go out the next business day. Compliance checks by one of the banks may also cause a delay.

Many banks are connected to SWIFT gpi. Every payment gets a unique transaction reference, the UETR. Keep the payment confirmation; it contains the details a bank needs to start a trace.

The bank that sent the money can start an official trace or a recall. Ask the sender for a copy of the payment confirmation including the reference – it helps your own bank look for the money.