Caceis Bank, Luxembourg Branch SWIFT/BIC code

Caceis Bank, Luxembourg Branch SWIFT code: BSUILULL

The 8-character code BSUILULL and the 11-character code BSUILULLXXX refer to one and the same institution: Caceis Bank, Luxembourg Branch. A SWIFT code tells the banks handling a payment exactly which bank should receive the money, a bit like a postal address for banks. In daily life you mostly see the code on international invoices, in your banking app and in the bank details of Caceis Bank, Luxembourg Branch customers.

Below you will find the practical questions: money coming in from abroad, sending money abroad and how to check a SWIFT code before you hit send. The BIC identifies an institution, not a specific account, which is why you always need the account number too.

Changed bank details? Be careful

One of the most common tricks works like this: an email arrives with a request saying that a contact has a new bank account and asking you to pay there from now on. A correct SWIFT code says nothing about whether the request is genuine: scammers use real codes of real banks.

Always confirm changed bank details through a phone call, using a number you already had. Be suspicious of time pressure, unusual wording or an email address that differs by one letter. If money has already gone to the wrong account, contact your bank immediately – speed improves the chance of getting it back.

People receiving money are targeted too: one known trick is an overpayment followed by a request to send back the difference to another account. Wait until the money has really arrived.

Euro (EUR) and conversion costs

The currency in Luxembourg is the Euro (EUR). When you pay another currency gets converted somewhere along the way – by your bank, by Caceis Bank, Luxembourg Branch or by a bank in between. Every conversion eats into something – usually through the rate rather than a fee.

Who does the conversion affects how much arrives, as rates and margins differ per bank. Sending the money already in EUR usually avoids a second conversion by Caceis Bank, Luxembourg Branch.

The EUR rate fluctuates throughout the day and quotes are often valid only for a short time. With bigger transfers, even small difference in the rate adds up quickly.

Verifying the SWIFT code of Caceis Bank, Luxembourg Branch

The most reliable place for the correct BIC remains paperwork issued by the bank. Check it against BSUILULL here; if they differ, ask before you pay.

Mistakes in the SWIFT code are costly more than disastrous – usually the money comes back, minus fees and time lost. Do not forget the IBAN: a mistake there is harder to undo than a wrong BIC.

Many banking apps validate the format of an IBAN and some suggest the matching BIC. Where available, a name check on the recipient adds an extra layer of safety. For a first payment, many people start with a small test amount.

Which of the 16 codes of Caceis Bank, Luxembourg Branch do you need?

Caceis Bank, Luxembourg Branch uses 16 separate SWIFT/BIC codes across 1 cities. Only one is the head office code; the others identify branches.

For the vast majority of incoming transfers, the head office code BSUILULLXXX is what you need. Just use a branch code when the account holder explicitly asks for it, for example on a letter or invoice.

Unsure which code to use? Check with the recipient, or look at a recent statement from Caceis Bank, Luxembourg Branch. Codes can change over time, so a code from an old document is not always valid.

International transfers from Caceis Bank, Luxembourg Branch: the real cost

A bank transfer abroad can cost more than the listed fee. You pay the fee for the transfer itself, sometimes charges from correspondent banks along the way and, most importantly, the exchange rate markup if the currency changes.

Many banks do not show the margin on the rate separately, but you pay it all the same. An easy check: put the bank’s rate against the mid-market rate and look at the difference.

For many routes, a transfer service turns out to be less expensive than a bank. Before your next transfer, it is worth comparing what arrives via GoldexPay. You can still use your account at Caceis Bank, Luxembourg Branch, while a cheaper service handles the conversion.

What the XXX in BSUILULLXXX means

A SWIFT code is made up of fixed blocks: characters one to four stand for the bank, characters five and six show the country and the two after that indicate the location. For Caceis Bank, Luxembourg Branch, that core is BSUILULL.

Many banks and apps work with either length. If a form asks for eleven characters, enter BSUILULLXXX, otherwise BSUILULL is fine.

In practice the code is written in capitals, without spaces or dashes. A single character can send the money to a different institution, so copy it carefully.

About this information

The details here come from public sources that we update regularly. It is possible that a code on this page is out of date, for example after a merger. The figures on this page reflect our own data, not official figures from Caceis Bank, Luxembourg Branch.

Treat our directory on this page as a handy check. GoldexPay is an independent comparison service for money transfers and not part of Caceis Bank, Luxembourg Branch. Spotted an error? Let us know via our contact form.

Transfer times and tracking a payment to Caceis Bank, Luxembourg Branch

An international transfer typically takes one to a few business days. Payments made after the cut-off time or on weekends and holidays usually start the next business day. Extra checks on larger or unusual payments may also add some delay, even when all details are correct.

When a payment takes longer than expected, ask the sending bank about the status and the transaction reference so they can trace it along the chain. Money transfer services often provide tracking in their app showing how far the money is.

A delayed transfer has to be traced from the sending side, using the payment confirmation. On the receiving end, it helps to check your statements to see a slightly lower amount because fees can reduce the amount.

Incoming international payments to Caceis Bank, Luxembourg Branch

Someone abroad who wants to pay you needs a few details about your account. The basics are: the account holder’s name, account number or IBAN, BSUILULLXXX or BSUILULL and, for some countries, your home address.

Certain sending banks also ask for the bank’s address; it does no harm to include it. Check every detail before you send them – a sender rarely spots a mistake in someone else’s details.

What lands in your account can be lower than the amount sent. Intermediary banks may deduct a fee, and if the currency changes, an exchange rate margin applies. On invoices, you can state how the fees are split, so that nobody is left short.

SEPA payments and the Caceis Bank, Luxembourg Branch BIC

Luxembourg belongs to the SEPA area, where euro transfers follow common rules. For a standard euro transfer from another SEPA country, the IBAN is usually enough; many banks no longer ask for the BIC.

You will still need BSUILULLXXX for non-euro payments or money from outside the SEPA area. A few forms still ask for the BIC out of habit; in that case, enter BSUILULL.

SEPA transfers usually arrive by the next business day, and instant transfers in seconds where both banks support them. Fees for SEPA transfers are generally low, as long as no currency conversion is involved.