Clearstream Banking S.a., Luxembourg SWIFT/BIC code

CEDELULL – the SWIFT/BIC code of Clearstream Banking S.a., Luxembourg

CEDELULL and CEDELULLXXX are the short and the long form of the same bank identifier, and both point to Clearstream Banking S.a., Luxembourg in Luxembourg. The code does one job: it makes sure that an international payment ends up at the right bank. In practice you usually come across it on international invoices, in your banking app and in the bank details that Clearstream Banking S.a., Luxembourg provides.

Below you will find the practical side: money coming in from abroad, paying someone in another country and how to verify the code before you confirm a payment. The BIC identifies an institution, never a specific account; the IBAN or account number does that.

Paying Clearstream Banking S.a., Luxembourg in euros within SEPA

Since Luxembourg is in the SEPA zone, a euro transfer to Clearstream Banking S.a., Luxembourg from within the SEPA area normally requires just an IBAN. Many banks do not require the BIC in that case or fill it in for you.

You still need CEDELULLXXX for payments in other currencies or money from outside the SEPA area. If a payment form asks for the BIC regardless, entering CEDELULL does no harm.

Instant payments in euros are widely supported within SEPA – whether Clearstream Banking S.a., Luxembourg offers them for your account is worth checking. As long as the payment stays in euros, a SEPA transfer tends to be inexpensive; it is the conversion that costs money.

What to give a sender who pays you at Clearstream Banking S.a., Luxembourg

Someone abroad who wants to pay you will ask for a few details about your account, and missing ones are a common cause of delays. In practice that means: your name as registered with Clearstream Banking S.a., Luxembourg, your IBAN or account number, the BIC CEDELULLXXX (or CEDELULL) and, often, your address.

It helps to include the bank name and Luxembourg too. A mistake in your account number is more trouble than it looks; copy them from your banking app rather than typing.

What lands in your account can be lower than what was sent. Charges on incoming payments differ from bank to bank. On invoices, it is common to agree how the fees are split.

About this information

The codes on this page are taken from publicly available data. Institutions reorganise, close branches and change codes, and a directory never catches every change immediately. The number of codes on this page reflect our own data, not official figures from Clearstream Banking S.a., Luxembourg.

See our directory here as a handy check. GoldexPay is a comparison site and not affiliated with Clearstream Banking S.a., Luxembourg. If you notice a mistake, we welcome a message via the contact page.

How long does an international transfer to Clearstream Banking S.a., Luxembourg take?

A SWIFT payment usually takes anywhere from one to several business days. Bank holidays in either country can add extra days to the journey. Occasionally a bank wants to know about the purpose of a payment before releasing it.

Many banks use SWIFT gpi, which lets them follow a payment from bank to bank. Every payment gets a unique transaction reference, the UETR, which your bank can use to see where the money is. Specialist transfer services usually provide tracking in their app so you can see how far the payment has got.

A missing payment is investigated by the sending bank on the basis of the transfer details. On the receiving end, it helps to check your account to see a partial amount because fees can reduce the amount.

What the XXX in CEDELULLXXX means

Each SWIFT/BIC code starts with the same eight core characters: four letters for the bank, a two-letter country code and two characters for the location. In this case, that core is CEDELULL.

XXX at the end of CEDELULLXXX does not stand for a missing value or an error: it indicates the main office of Clearstream Banking S.a., Luxembourg. Some banking apps insist on 11 characters, and then you simply add XXX behind CEDELULL.

Type the code as one block, in capitals and without separators, exactly as shown here. Look out for the letter O and the digit 0 or the letter I and the digit 1.

Protect yourself against fake payment requests

Scammers regularly send fake invoices with changed bank details sent from what looks like a familiar address. A correct SWIFT code says nothing about whether the request is genuine: scammers use real codes of real banks.

Verify new bank details via a different channel, such as a phone number you already know, never via the email that asked for the change. Urgency and secrecy are red flags. Already paid? Call the bank you paid from straight away and ask them to start a recall.

Scams can also work the other way: someone sends more than agreed and asks you to return the extra via a different route. Do not act before the money has really arrived – ask Clearstream Banking S.a., Luxembourg if something looks wrong.

Before you send: check the Clearstream Banking S.a., Luxembourg code

The most reliable place for the correct BIC is paperwork issued by the bank. Check it against CEDELULL on this page and ask if anything does not match.

If the code is wrong, the payment might get stuck, be returned or cost extra. Remember the account number: an error there is more difficult to undo than a wrong code.

Many banking apps check the structure of IBANs. Some banks now check the payee name with the account; take any warning seriously. Sending a small amount first is a sensible step for a large first payment, even if it costs an extra fee.

International transfers from Clearstream Banking S.a., Luxembourg: the real cost

If you send money abroad from Clearstream Banking S.a., Luxembourg, the visible fee is only part of the cost. You pay the fee for the transfer itself, sometimes fees charged by intermediary banks in between and, above all, the exchange rate markup when the money is converted.

Banks rarely show their exchange rate markup separately – you only notice it if you compare. An easy check: set the bank’s rate next to the mid-market rate for the same moment and look at the difference.

For a lot of currency pairs, a specialist provider turns out to be less expensive than a traditional bank transfer – mostly thanks to the rate. Next time you send money, it is worth to compare what arrives via GoldexPay instead of going straight to your bank. Choosing a specialist does not mean closing your account at Clearstream Banking S.a., Luxembourg: you simply pay the service from your account.

Euro (EUR) and conversion costs

Luxembourg uses the Euro, code EUR. Money sent in a different currency is exchanged into EUR on its way to Clearstream Banking S.a., Luxembourg. You rarely see a separate charge for that conversion – the cost sits in the rate.

Who does the conversion affects how much arrives, since every bank sets its own rate. Compare what EUR the recipient gets via different providers; the difference between options can be larger than you expect.

Exchange rates change during the day, and some providers let you lock in a rate. With bigger transfers, a small gap in the rate adds up quickly.

Clearstream Banking S.a., Luxembourg: head office code versus branch codes

Clearstream Banking S.a., Luxembourg uses 11 different SWIFT/BIC codes across 1 locations. Only one is the head office code, CEDELULLXXX; the others belong to branches or departments.

For most incoming transfers, the head office code CEDELULLXXX works fine. If you have been given a branch code, stick to it rather than swapping it with the head office code.

The best way is to copy the code straight from the recipient’s statement. Branch codes can change when banks reorganise, so do not rely on old paperwork.