European Fund Administration S.A. SWIFT/BIC code

European Fund Administration S.A. SWIFT code: EFALLULL

Whether you are given EFALLULL or EFALLULLXXX, you are looking at the identical identifier for European Fund Administration S.A. in Luxembourg. A BIC does one job: it makes sure that money from abroad reaches the right bank. You will need it mainly for transfers between countries or a currency.

This page is meant to help people who receives money at an account at European Fund Administration S.A.. Remember that the BIC only identifies the bank, not the account: the account number or IBAN does that part.

Paying European Fund Administration S.A. in euros within SEPA

Luxembourg is part of the Single Euro Payments Area (SEPA), where euro transfers follow common rules. When you send euros from another SEPA country, the IBAN is usually enough and the BIC is often filled in automatically.

Outside the euro and for senders outside SEPA, EFALLULLXXX or EFALLULL remains required. If a payment form has a field for the BIC anyway, entering EFALLULL does no harm.

SEPA transfers usually arrive by the next business day, and instant transfers in seconds where both banks support them. Fees for SEPA payments are generally low as long as everything stays in euros.

Incoming international payments to European Fund Administration S.A.

A sender in another country needs several details about your account. The basics are: the account holder’s name, IBAN or account number, EFALLULLXXX and in many cases your home address.

Certain banks also ask for the name and address of European Fund Administration S.A. in Luxembourg. Double-check every detail before you share them, because the sender’s bank usually copies them as is.

Money from abroad will not always arrive for the full amount. Fees for incoming transfers differ per bank. On invoices, it is common to state who bears the costs.

The Euro and what conversion costs you

The local currency of Luxembourg is the Euro (EUR). If you send another currency it gets converted somewhere along the way. Every conversion eats into something, even when no fee is shown.

Which bank converts the money matters: every bank has its own margin. Often it is cheaper to send EUR straight away via a transfer service that converts near the mid-market rate, so that the receiving bank does not need to convert again.

Rates for EUR move all the time, and some providers let you lock in a rate. On larger amounts, even small gap in the rate can be worth more than the fee.

Head office or branch code at European Fund Administration S.A.?

European Fund Administration S.A. has 5 different SWIFT/BIC codes across 1 locations. One of them is the head office code; the rest belong to branches.

If nobody asks you for a branch code, go with EFALLULLXXX or its short form EFALLULL. Just use a branch code when your contact gives you that exact code, for example on a letter or invoice.

The best way is to take the code straight from the account holder’s bank details. Codes can change when banks reorganise.

Why European Fund Administration S.A. has an 8- and an 11-character code

A BIC is made up of a few fixed parts: the first four letters stand for the bank, the next two show the country and characters seven and eight mark the location. Together, those parts form EFALLULL.

XXX at the end of EFALLULLXXX is not a placeholder or an error: it indicates the main office of European Fund Administration S.A.. Some forms ask for 11 characters, and then you can enter XXX behind EFALLULL.

Enter the code as one block, in capitals and without separators. Look out for the letter O and the digit 0 and the letter I and the digit 1.

How long does an international transfer to European Fund Administration S.A. take?

An international transfer usually needs anywhere from one to several business days – it depends on currency, route and the banks in between. Bank holidays in the sending or receiving country add extra days to the journey. Compliance checks by one of the banks may also cause a delay.

If a transfer is late, contact your bank about the tracking status or the UETR. Money transfer services often show a status online so you can see how far the payment has got.

If a payment has not arrived after a few business days, the sender should start with their own bank, not the receiving bank. Ask the sender for the payment receipt with the date and reference – it helps your own bank look for the money.

A note on our data

The codes here are taken from publicly available data which we refresh regularly. Still, banks merge or change codes, so information can be out of date. Counts and locations are from our directory.

Before any payment of any size, check the code with the recipient’s bank or with the recipient. GoldexPay is independent of European Fund Administration S.A.; we are a comparison site for money transfers. Spotted an error? Tell us via our contact form so we can correct it.

Is EFALLULL still correct? How to check

Have the recipient send you their bank details directly from their online banking. Check that code with EFALLULL on this page; if they differ, ask before you pay.

Errors in the BIC tend to be annoying more than fatal. Do not forget the account number: a mistake there can be harder to undo than a wrong code.

Many banking apps check the format of IBANs. Where available, a payee name check on the recipient adds an extra layer of safety. For a first payment, some people start with a small amount first and wait for confirmation.

Changed bank details? Be careful

Fraudsters regularly send fake invoices containing new bank details. The fact that EFALLULL exists is no guarantee that a request mentioning it is legitimate – fraudsters use real bank codes as well.

Verify changed payment details via a separate channel like a call to a number from an earlier contract, never via the email that asked for the change. Watch out for time pressure, odd spelling or a sender address that is slightly off. If a payment has already gone to the wrong account, call your bank right away: the sooner they act, the better the chance of a recall.

People receiving money can be targeted as well: one known trick is an overpayment followed by a request to send back the difference. Wait until the money is actually in your account – ask European Fund Administration S.A. if something looks wrong.

Paying someone abroad from your European Fund Administration S.A. account

A bank transfer abroad costs more than the listed fee. There is the transfer fee, sometimes fees charged by intermediary banks in between and, most importantly, the exchange rate markup.

Banks do not list the margin on the rate as a cost. A simple test: put the bank’s rate against the mid-market rate for the same moment and work out the difference on your amount.

For a lot of routes, a transfer service turns out to be cheaper than a traditional bank transfer, mainly because of the exchange rate. GoldexPay compares transfer providers side by side so you can see the amount the recipient gets before you commit. You can always keep your account at European Fund Administration S.A. as the source of the money, while a cheaper service handles the conversion.