Eiger Securities SWIFT/BIC code

Eiger Securities SWIFT code: EISPLUL1

EISPLUL1 and EISPLUL1XXX are the short and the long form of the same SWIFT/BIC code, and both lead to Eiger Securities in Luxembourg. A BIC has a single purpose: it makes sure that an international payment reaches the right bank. It comes up mostly when dealing with transfers between countries and payments in foreign currencies.

Further down you will find the practical side: receiving money at Eiger Securities, sending money abroad and how to verify the code before you confirm a payment. The SWIFT code on its own does not identify a personal account; that is what the account number or IBAN is for.

A note on our data

We gather bank codes from publicly available data and update them regularly. It is possible that information here is no longer current after a merger or reorganisation. The number of codes we show reflect our own data.

See our directory on this page as a handy check, and let the details from the recipient or Eiger Securities have the final say. GoldexPay is a comparison service and not affiliated with Eiger Securities. Spotted outdated information? Tell us via our contact form so we can correct it.

Verifying the SWIFT code of Eiger Securities

The most reliable place for the correct BIC remains a document from the bank itself. Check it with EISPLUL1 here and ask if anything does not match.

Mistakes in the SWIFT code are annoying rather than fatal – usually the money comes back, minus fees and time lost. An error in the account number can be a bigger problem, because the money may be credited to someone else; check it just as carefully.

An automatic check in your banking app merely confirms that the IBAN is valid – not that it belongs to the person you mean to pay. Where available, a payee name check before sending adds an extra layer of safety. For a first payment, many people send a small amount first and wait for confirmation.

Paying someone abroad from your Eiger Securities account

What you pay for a payment abroad is made up of several parts. Besides the transfer fee, correspondent or intermediary banks may deduct a fee, and when the money changes currency, the bank usually uses a rate below the real market rate.

The markup on the rate is often the largest item even though it is not listed as a fee. A simple test: set the bank’s rate against the mid-market rate and work out the difference on your amount.

Specialised transfer providers frequently offer a rate near the mid-market rate and lower fees. Before your next transfer, it is worth comparing what arrives via GoldexPay instead of going straight to your bank. You can still use your account at Eiger Securities.

SEPA payments and the Eiger Securities BIC

Within the SEPA zone, euro payments to an account in Luxembourg use the same rules. The BIC field is usually optional or missing for those payments.

Outside the euro and for senders outside SEPA, EISPLUL1XXX remains part of the payment details. Some banks and apps also show a field for the BIC; in that case, fill in EISPLUL1 or EISPLUL1XXX.

Euro payments within SEPA usually arrive by the next business day; instant payments are faster if both banks offer them. Fees for SEPA transfers tend to be low.

Choosing between the 2 SWIFT codes of Eiger Securities

Our database contains 2 SWIFT/BIC codes for Eiger Securities, spread over 1 cities. Next to the head office code EISPLUL1XXX, there are codes for individual branches and departments.

Usually there is no need to pick a branch: payments addressed to EISPLUL1XXX reach Eiger Securities correctly. Just use a branch code when your contact explicitly asks for it, for example on a letter or invoice.

The safest route is to copy the code directly from the account holder’s bank details. Codes are sometimes changed or retired over time.

8 or 11 characters: EISPLUL1 versus EISPLUL1XXX

Every SWIFT/BIC code starts with the same eight core characters: a four-letter bank code, a two-letter country code and two characters for the location. In this case, that core is EISPLUL1.

Many banks and apps accept both lengths. If a form requires eleven characters, enter EISPLUL1XXX, otherwise EISPLUL1 is fine.

As a rule the code is written in capitals. A single character may route the money to a different institution, so check it twice.

Protect yourself against fake payment requests

Scammers often use payment requests containing new bank details, sometimes in an email that looks completely genuine. The fact that EISPLUL1 exists is no guarantee that a request mentioning it is genuine.

Check changed bank details through a different channel like a call to a number from an earlier contract. Watch out for time pressure, unusual wording or a sender address that is slightly off. Already paid? Contact your bank straight away and have them try to recall the payment; also report it to the police.

Recipients can be targeted as well: a classic trick is an overpayment followed by a request to send back the difference to another account. A screenshot of a transfer proves nothing – check your own account.

Receiving money from abroad at Eiger Securities

When you expect money from abroad, give the sender a complete set of details. Share your name as the bank knows it, your account number or IBAN, the BIC EISPLUL1XXX and your address, which some banks require.

Their bank might request the bank address of Eiger Securities. Double-check each detail before you share them.

What lands in your account is often lower than the amount sent. Charges on incoming payments vary from bank to bank – the price list of Eiger Securities tells you what applies. Make clear with the sender who covers the fees, especially for larger amounts.

Euro (EUR) and conversion costs

Accounts at Eiger Securities are typically held in EUR, the national currency. Money sent in a different currency will be exchanged into EUR before it reaches the account. You rarely see a separate charge for that conversion.

Which bank converts the payment makes a difference: every bank has its own margin. Check how much EUR the recipient gets with different services before choosing one.

The EUR rate changes constantly and quotes are often valid only for a short time. For recurring payments, small differences in the rate make a real difference over time.

When will the money arrive at Eiger Securities?

How fast a payment reaches Eiger Securities is determined by several factors: which currency you send, the number of banks in between, daily processing deadlines and differences in time zone. Transfers sent late in the day or on a weekend or public holiday often start the next business day. Occasionally a bank asks about the purpose of a payment, which can hold things up.

When a payment takes longer than expected, ask your bank for the tracking status or the UETR. Money transfer services usually provide a status online showing how far the money has got.

The bank that sent the money can request a trace or a recall; the receiving side usually has nothing to trace yet. As a recipient, you can look at your account to see a partial amount, since fees may have been deducted.