Lombard Odier Trust (Japan) Limited SWIFT/BIC code

What LOCYJPJT means for a payment to Lombard Odier Trust (Japan) Limited

LOCYJPJT and LOCYJPJTXXX are two ways of writing the same bank identifier, and both point to Lombard Odier Trust (Japan) Limited in Tokyo. A SWIFT code shows the sending bank which institution is meant to get the money, much like a postcode for banks. In practice you mostly see the code on international invoices, in payment forms and on the account details of Lombard Odier Trust (Japan) Limited customers.

On this page you will find how the code means, when it matters and which other details a transfer to or from Lombard Odier Trust (Japan) Limited requires. Remember that the SWIFT code just identifies the bank, not the person: the IBAN or account number does that part.

Verifying the SWIFT code of Lombard Odier Trust (Japan) Limited

The most reliable place for the right code is paperwork issued by the bank. Compare it with LOCYJPJT here.

Mistakes in the BIC tend to be costly more than disastrous – usually the money comes back, minus fees and time lost. An error in the IBAN or account number can be more serious, because the money may be credited to someone else, so check that just as carefully.

A format check by your bank merely tells you that the IBAN exists. If your bank offers it, a payee name check before sending adds extra certainty. For a first payment, many people send a small test amount.

Protect yourself against fake payment requests

A common scam goes like this: you receive a request claiming that a company now has new bank details and that the next payment should go there. A correct SWIFT code tells you nothing about who owns the account: scammers use real codes of real banks.

Always verify a change of bank details by phone on a number you know, not one from the message. Pressure and requests to keep it quiet are red flags – a real supplier can wait a day. When money was sent to a fraudster, contact your bank immediately – speed improves the chance of getting it back.

Fraud can also work the other way. Someone claims to have sent more than agreed and wants you to return the difference to a new account. A screenshot of a transfer proves nothing; only your own account shows what has arrived.

Which of the 2 codes of Lombard Odier Trust (Japan) Limited do you need?

Having 2 codes in 1 cities, Lombard Odier Trust (Japan) Limited is one of the banks that register separate codes for branches and departments. The main code remains LOCYJPJTXXX.

Usually you do not need to pick a branch: transfers sent to LOCYJPJTXXX reach Lombard Odier Trust (Japan) Limited correctly. A branch code only makes sense when the account holder explicitly asks for it.

The safest approach is to copy the code directly from the account holder’s statement. Codes for branches are more likely to be retired than the head office code.

What the XXX in LOCYJPJTXXX means

Each SWIFT/BIC code has an 8-character core: a four-letter bank code, two letters for the country and two characters for the location. For Lombard Odier Trust (Japan) Limited, the 8-character core is LOCYJPJT.

Many banks and apps accept both lengths. If yours asks for eleven characters, use LOCYJPJTXXX, otherwise LOCYJPJT is fine.

Enter the code as one block, in upper case and without spaces, exactly as shown here. Copying the code is safer than retyping it.

Sending money abroad from Lombard Odier Trust (Japan) Limited

If you transfer money abroad via Lombard Odier Trust (Japan) Limited, the fee you see is rarely all of the cost. On top of the transfer fee, correspondent or intermediary banks may deduct a fee, and if currencies are converted the bank usually applies a rate that is less favourable than the real market rate.

The markup on the rate is often the largest item even though it is not listed as a fee. Check the rate you are offered against the mid-market rate, the midpoint between buy and sell rates you see on financial sites.

For many currency pairs, a specialist provider is cheaper than a traditional bank transfer – mostly thanks to the rate. On GoldexPay we compare what recipients receive across services, so you can pick the cheapest route. Using a transfer service does not mean closing your account at Lombard Odier Trust (Japan) Limited: you simply pay the service from your account.

Incoming international payments to Lombard Odier Trust (Japan) Limited

When you are waiting for a payment from another country, give the sender all details at once. Give them your name as the bank knows it, the IBAN or account number, the BIC LOCYJPJTXXX and your address, which some banks require.

Certain banks want the address of Lombard Odier Trust (Japan) Limited. A typo in your account number is harder to fix than it looks, so copy the details from your online banking.

The amount you receive is often lower than the amount sent. Intermediary banks may deduct a fee and your own bank may charge for processing, and when currencies differ, a markup on the rate comes on top. For business payments, it is common to state who bears the costs.

Where our SWIFT data comes from

The directory on GoldexPay draws on publicly available sources and we update it periodically. Still, banks merge, rename themselves or change codes, so information can be out of date. The number of codes on this page reflect what is in our directory.

See the information on this page as a helpful check and rely on the recipient or Lombard Odier Trust (Japan) Limited for the final confirmation. GoldexPay is independent of Lombard Odier Trust (Japan) Limited, we only compare transfer services. Spotted an error? Let us know through the contact page so we can correct it.

Japanese Yen (JPY) and conversion costs

The currency in Japan is the Japanese Yen (JPY). Money sent in a different currency will be converted into JPY – and the bank that does it picks the rate. Every conversion eats into the amount.

Who does the conversion has an effect on the final amount. Sending the money directly in JPY often avoids an extra conversion.

The rate for JPY changes throughout the day. If you pay regularly, small differences in the rate add up over a year.

How long does an international transfer to Lombard Odier Trust (Japan) Limited take?

There is no single answer: some arrive the same day or the next while others need several business days. Bank holidays in the sending or receiving country can add extra days to the journey. Extra checks by one of the banks may also add a delay.

Many banks use SWIFT gpi for faster and traceable payments. Each gpi transfer gets a unique transaction reference, the UETR. Specialist transfer services often show tracking in their app showing how far the payment has got.

The bank that sent the money is able to request a trace – the recipient’s bank often cannot see a payment that has not arrived. Request from the sender the payment receipt – it helps your own bank look for the money.