Banque de Luxembourg S.A. SWIFT/BIC code

What BLUXLULL means for a payment to Banque de Luxembourg S.A.

BLUXLULL and BLUXLULLXXX are two spellings of the same SWIFT/BIC code, and both point to Banque de Luxembourg S.A. in Luxembourg. A SWIFT code shows every bank in the chain exactly which bank should receive the money, a bit like a postal address for banks. You will need it mostly when dealing with payments that cross a border or a currency.

We wrote this page to help people who pays into an account at Banque de Luxembourg S.A. without mistakes. The SWIFT code on its own does not identify an individual account holder; for that you need the IBAN or account number is for.

Where our SWIFT data comes from

This directory draws on publicly available sources and is updated regularly. Still, banks merge or retire codes. The figures we show reflect our own data and not on information from Banque de Luxembourg S.A. itself.

Before a payment of any size, always confirm the BIC with Banque de Luxembourg S.A. or the recipient. GoldexPay is an independent comparison service for money transfers and not part of Banque de Luxembourg S.A.. Found an error? Tell us via our contact form and we will look into it.

When will the money arrive at Banque de Luxembourg S.A.?

An international transfer typically takes one to a few business days – it depends on currency, route and the banks in between. Payments made late in the day or just before weekends and holidays often go out a business day later. Occasionally a bank wants to know what the payment is for.

When a payment takes longer than expected, contact your bank for the status or the UETR. Save your transfer receipt until the money has arrived – you will need it for any trace request.

If the money does not arrive within the expected time, the sender needs to start with their own bank. As a recipient, you can look at your statements for a partial amount.

Changed bank details? Be careful

Criminals often send payment requests with changed bank details sent from what looks like a familiar address. The fact that BLUXLULL exists does not mean that the account is genuine – fraudsters use real bank codes as well.

Never rely on contact details in the same message that announces the change. Pressure or secrecy tend to be warning signs – a real supplier can wait a day. Already paid? Call the bank you paid from straight away and have them start a recall and report the fraud.

People receiving money are targeted too: a classic trick is a buyer who pays too much and then sends a request to refund the difference. A screenshot of a transfer is no proof – check your own account.

SEPA payments and the Banque de Luxembourg S.A. BIC

Because Luxembourg is in the SEPA zone, a euro payment to Banque de Luxembourg S.A. from within the SEPA area normally requires just the IBAN. Many banks do not require the BIC in that case or fill it in for you.

Outside the euro and from non-SEPA countries, BLUXLULLXXX or BLUXLULL remains required. If your banking app has a field for the BIC regardless, entering BLUXLULL is fine.

SEPA transfers normally land within one business day. Provided no currency is converted, the transfer tends to be cheap.

Paying someone abroad from your Banque de Luxembourg S.A. account

A bank transfer abroad costs rather more than the fee suggests. Besides a fixed fee, correspondent or intermediary banks may deduct a fee, 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 cost, and it is easy to miss. Check the rate you are offered against the mid-market rate – the rate you find on financial news sites. The difference is your real conversion cost.

For a lot of routes, a transfer service turns out to be less expensive than a traditional bank transfer. GoldexPay compares what recipients receive across providers, so you can pick the cheapest route. Choosing a specialist does not mean closing your account at Banque de Luxembourg S.A..

Choosing between the 2 SWIFT codes of Banque de Luxembourg S.A.

Having 2 codes in 1 locations, Banque de Luxembourg S.A. is one of the banks that use separate codes for parts of the organisation and departments. The main code remains BLUXLULLXXX.

For the vast majority of incoming transfers, the head office code BLUXLULLXXX is the right choice. Just use a branch code when the recipient explicitly asks for it, for example on a letter or invoice.

The safest approach is to take the code directly from the recipient’s statement. Branch codes are more likely to be retired than BLUXLULLXXX.

What the XXX in BLUXLULLXXX means

Every SWIFT/BIC code starts with an 8-character core: a four-letter bank code, a two-letter country code and a two-character location code. In this case, that core is BLUXLULL.

Many banks and apps work with either length. If yours requires eleven characters, enter BLUXLULLXXX; if it wants eight, use BLUXLULL.

Type the code in one piece, in upper case and without separators, exactly as shown here. A wrong letter can send the money to another bank, so copy it carefully.

Paying into Banque de Luxembourg S.A. in EUR

Most accounts at Banque de Luxembourg S.A. are typically held in EUR, the local currency. A payment in a foreign currency is exchanged into EUR before it reaches the account – and the bank that does it picks the rate. Every conversion eats into the amount – usually through the rate rather than a fee.

Who does the conversion has an effect on how much arrives. Transferring the money already in EUR usually avoids a second conversion by Banque de Luxembourg S.A. – as long as your own rate is good.

The EUR rate changes throughout the day and quotes are often valid only for a short time. On larger amounts, even small difference in the rate adds up quickly.

Receiving money from abroad at Banque de Luxembourg S.A.

For an international payment into your account at Banque de Luxembourg S.A., the person paying you needs not just the SWIFT code. Give them the account holder’s name, the IBAN or account number, the BIC BLUXLULLXXX and your address.

Some banks want the address of Banque de Luxembourg S.A.; it does no harm to include it. Check the details before you send them – a sender rarely spots a mistake in someone else’s details.

An incoming payment does not always land in full. Charges on incoming payments differ per bank – the price list of Banque de Luxembourg S.A. tells you what applies. On invoices, you can agree how the fees are split to avoid a shortfall.

Before you send: check the Banque de Luxembourg S.A. code

Ask the recipient to send you the account details directly from their banking app. When the code you were given does not match BLUXLULL or BLUXLULLXXX, stop and ask – contact the recipient or Banque de Luxembourg S.A..

A wrong SWIFT code may lead to a delay, a payment being sent back or additional charges along the way. Remember the account number: an error there can be harder to correct than a wrong BIC.

A validity check by your bank merely tells you that the code exists. If your bank offers it, a payee name check before sending gives an extra layer of safety. For a first payment, some people send a small test amount.