SWIFT/BIC codes in Luxembourg: banks starting with B

Finding a SWIFT code in Luxembourg

Here you will find the SWIFT/BIC codes of 494 institutions in Luxembourg. Every code identifies an institution or a specific branch or department, so a payment from abroad reaches the right place.

Every bank is listed with its own page showing its main code and if there are any, codes for branches and departments. Further down you can read how codes from Luxembourg are built, how to send money there without overpaying and what to check before you pay.

Banks in Luxembourg beginning with the letter :letter

Here you see a filtered list: just banks in Luxembourg with a name starting with :letter. The figures for Luxembourg mentioned here cover every bank we list.

If the bank you need does not appear under :letter, check the full list – the registered name can differ from the name people use. The complete list remains available if the letter filter does not help.

Bank or transfer service for Luxembourg?

A bank transfer to Luxembourg often costs rather more than you think. On top of a fixed fee, correspondent banks may take a cut, and when the money is converted the bank often uses a rate below the real market rate.

The markup on the rate tends to be the biggest part of the cost. Compare the bank’s rate against the mid-market rate; the gap is what conversion costs you.

Money transfer services frequently use rates closer to the mid-market rate and lower fees. Before you send money to Luxembourg, it is worth comparing what arrives on GoldexPay.

Check the code before you pay

Ask the recipient to send you their bank details straight from their online banking. If the code you have does not match the code listed here, stop and ask: check with the recipient or the bank.

We gather SWIFT/BIC codes using publicly available data and update our list from time to time. Still, banks merge or change codes and our data may lag behind. Treat this list as a starting point rather than the last word; the recipient’s bank details are leading. GoldexPay is an independent comparison site, not a bank.

Fraudsters often send fake invoices carrying changed bank details from what looks like a familiar address. A valid BIC says nothing about who owns the account.

Getting paid from abroad into an account in Luxembourg

A sender in another country will ask for a few details from you. In practice that means: your full name as your bank knows it, your IBAN or account number, the SWIFT/BIC code of your bank and sometimes your postal address.

Look up the bank in the list above to check its code. You can add the name and city of your bank because some forms have separate fields for it.

Expect that the incoming amount is smaller than what the sender paid. Intermediary banks may deduct a fee, and when currencies differ, an exchange rate margin applies. For business payments, state how the fees are split, so nobody is left short.

Which bank in Luxembourg has the most codes?

BNP Paribas Securities Services tops our list for Luxembourg in SWIFT/BIC codes. The head office of BNP Paribas Securities Services uses PARBLU21XXX; that is usually the right code for a transfer.

Practice differs in whether they register branch codes. Paying someone at BNP Paribas Securities Services? Use PARBLU21XXX except when a specific branch code is requested.

The structure of a Luxembourg SWIFT/BIC code

Bank identifier codes follow the same format worldwide: eight characters. It starts with a four-letter bank code, then two letters for the country and two characters for the location.

Whatever the bank, all Luxembourg codes share the same fifth and sixth letters. If the country letters point to another country, the code belongs to a bank somewhere else – worth double-checking.

The optional last three characters stand for a branch or department; XXX means the head office. Use a branch code only when the recipient’s bank asks for it; otherwise the head office code is the safe choice.

Paying in euros to Luxembourg

Inside SEPA, euro transfers to Luxembourg use the same rules. The BIC field is usually optional in that case.

The BIC still come into play for payments in other currencies and when the money comes from outside SEPA. Instant euro transfers have become increasingly supported within SEPA, though not every bank offers them for every account. Costs stay low provided no currency is converted.

Sending EUR to Luxembourg

Bank accounts in Luxembourg are typically held in EUR – the Euro. Money sent in a different currency will be exchanged into EUR.

Which bank converts the money makes a difference. In many cases you pay less if you send EUR directly through a provider that converts near the mid-market rate rather than letting the receiving bank convert. With bigger transfers, a seemingly small difference in the rate can be worth more than the fee.

How long does a transfer to Luxembourg take?

How quickly money reaches Luxembourg is determined by a few things: which currency you send, how many intermediary banks are involved, cut-off times and differences in time zone. Bank holidays in Luxembourg or in the sending country add extra days.

Many banks use SWIFT gpi. Every payment gets a unique reference, the UETR. Keep the payment confirmation until the recipient confirms – you will need it if something goes wrong.