Hms Lux S.A. SWIFT/BIC code

SWIFT/BIC code of Hms Lux S.A.

The 8-character code HMLULUL1 and the full code HMLULUL1XXX identify one and the same institution: Hms Lux S.A. in Luxembourg, Luxembourg. Banks worldwide use BIC codes to direct payments between countries to the correct bank. In daily life you usually come across it on invoices from abroad, in payment forms and in the bank details that Hms Lux S.A. provides.

This page is meant to help people who sends money to an account at Hms Lux S.A. and wants to get the details right. A SWIFT code identifies an institution, never a single account, which is why you always need the account number too.

Watch out for payment fraud

A common scam goes like this: you receive a message claiming that a company now has a new bank account. A real SWIFT code tells you nothing about whether the request is genuine: scammers use real codes of real banks.

Before paying, confirm changed bank details by phone. Watch out for time pressure, odd spelling or an email address that differs by one letter. Acted too fast? Contact the bank you paid from without delay and ask them to try to recall the payment; also report it to the police.

Scams also target the receiver: someone sends more than agreed and wants you to return the difference. A payment confirmation from the sender proves nothing – check your own account.

Receiving money from abroad at Hms Lux S.A.

A sender in another country will ask for a few details about your account. In practice that means: your name as registered with Hms Lux S.A., your account number or IBAN, the SWIFT/BIC code HMLULUL1XXX and sometimes your postal address.

It helps to add Hms Lux S.A. and Luxembourg too, because some payment forms have separate fields for them. Check each detail before you share them, because the sender’s bank usually copies them as is.

An incoming payment does not always arrive in full. Fees for incoming transfers vary per bank. For business payments, you can agree how the fees are split, so that nobody is left short.

Is HMLULUL1 still correct? How to check

Ask the recipient to send you their account details straight from a recent statement. If the code you have does not match HMLULUL1 or HMLULUL1XXX, do not guess – contact the recipient or Hms Lux S.A..

Mistakes in the SWIFT code tend to be annoying rather than fatal: often the payment comes back, minus fees. Remember the IBAN: an error there can be more difficult to correct than a wrong BIC.

A format check in your banking app only tells you that the code is valid – not that it belongs to the person you mean to pay. If your bank offers it, a payee name check on the recipient gives extra certainty. A small test payment can be a sensible step for large sums, even if it costs an extra fee.

What the XXX in HMLULUL1XXX means

Every SWIFT/BIC code starts with the same eight core characters: four letters for the bank, two letters for the country and a two-character location code. For Hms Lux S.A., the 8-character core is HMLULUL1.

XXX at the end of HMLULUL1XXX is not a placeholder or a mistake: it stands for the head office of Hms Lux S.A.. Certain payment forms ask for 11 characters, and then you can enter XXX after HMLULUL1.

As a rule the code is typed in capitals. A single character may route the money to another bank, so check it twice.

Sending EUR to Hms Lux S.A.

Most accounts at Hms Lux S.A. are usually held in EUR, the local currency. If you send another currency, the amount has to be converted at some point. There is rarely a separate line for the conversion.

Who does the conversion has an effect on how much arrives. Often it is cheaper if you send EUR straight away through a provider that converts near the mid-market rate.

Exchange rates change all the time – some services let you fix a rate in advance. If you pay regularly, small differences in the rate make a real difference over a year.

When will the money arrive at Hms Lux S.A.?

There is no single answer: some land within a day. Payments made after the cut-off time or on weekends and holidays often go out a business day later. Occasionally a bank asks what the payment is for, which can hold things up.

Many banks use SWIFT gpi. Each payment carries a unique reference, the UETR, which your bank can use to see where the money is. Keep the payment confirmation until the recipient confirms; it contains the details a bank needs to start a trace.

If a payment has not arrived after a few business days, the sender needs to start with the bank that sent it, not the receiving bank. Request from the sender the payment receipt.

Where our SWIFT data comes from

The codes here are taken from public sources that we update regularly. Banks reorganise, close branches and retire codes – a directory can be a step behind. Figures such as the number of codes are from our own dataset.

For any payment of any size, check the BIC with Hms Lux S.A. or the recipient. GoldexPay has no connection to Hms Lux S.A., we only compare transfer services. Found outdated information? Tell us through the contact page.

Sending money abroad from Hms Lux S.A.

When you transfer money abroad from Hms Lux S.A., the fee you see is rarely all of the cost. There is the fee for the transfer itself, sometimes charges from correspondent banks in between and, most importantly, the margin on the exchange rate when the money is converted.

Many banks do not list their exchange rate markup as a cost – you only notice it if you compare. A simple test: set the rate you get next to the mid-market rate for the same moment and look at the difference.

For a lot of currency pairs, a specialist provider is less expensive than a bank. Next time you send money, take a minute to compare what arrives via GoldexPay instead of going straight to your bank. You can always use your account at Hms Lux S.A..

SEPA payments and the Hms Lux S.A. BIC

Inside SEPA, euro transfers to an account in Luxembourg use the same rules, so the IBAN does the job in most cases. The BIC field is often optional for those payments.

You will still need HMLULUL1XXX for payments in other currencies or transfers from countries outside SEPA. If a payment form asks for the BIC anyway, entering HMLULUL1 is fine.

Instant payments in euros are widely available within SEPA; check with Hms Lux S.A. whether it applies to your account. As long as the payment stays in euros, the transfer is inexpensive; it is the conversion that costs money.

Which of the 2 codes of Hms Lux S.A. do you need?

Hms Lux S.A. uses 2 separate SWIFT/BIC codes across 1 cities. Only one is the head office code, HMLULUL1XXX; the others belong to branches, and sometimes internal departments.

For most payments to a private or business account, the head office code HMLULUL1XXX works fine. Branch codes are only needed if the recipient’s bank specifically mentions it.

Unsure which code applies? Ask the recipient or the bank itself. Branch codes are sometimes changed or retired when banks reorganise, so do not rely on old paperwork.