SWIFT/BIC codes in Luxembourg: banks starting with M

SWIFT/BIC codes in Luxembourg

Here you will find the SWIFT/BIC codes of 494 institutions in Luxembourg. Every code points to an institution or one of its branches, so a payment from abroad reaches the right place.

Look for the bank you need below and open its page for all codes we have and the details a transfer needs. Further down you can read how a code from Luxembourg is put together, how to send money to Luxembourg without overpaying and what to check before you pay.

How SWIFT codes from Luxembourg are built

Each SWIFT/BIC code has eight or eleven characters in a fixed order. It starts with four letters for the bank, then a two-letter country code and a two-character location code.

No matter which bank, every code from Luxembourg have the same fifth and sixth letters, namely the ISO code of Luxembourg. When the country letters do not match Luxembourg, the code belongs to a bank somewhere else, so check again.

If the last three are XXX, it means the main office, and the 8-character version leads to the same place. Choose a branch code just when the recipient’s bank asks for it; otherwise the head office code is the safe choice.

Luxembourg and the SEPA area

Luxembourg belongs to the Single Euro Payments Area (SEPA), the zone for uniform euro payments. When you send euros from another SEPA country, the IBAN is usually enough.

You will still need a SWIFT code when sending payments in other currencies or transfers from countries outside SEPA. Euro payments within SEPA normally land by the next business day, and instant transfers in seconds where both banks support them. Provided no conversion is involved, the transfer is usually inexpensive.

When does money sent to Luxembourg arrive?

There is no single delivery time for transfers to Luxembourg: some land the same day or the next. Bank holidays in either country add a day or more to the journey.

If the money seems late, the sender should contact the sending bank for a trace. Specialist transfer services usually provide a status in their app so you can follow the payment.

Luxembourg and the Euro

The local currency in Luxembourg is the Euro (EUR). Money sent in a different currency is converted into EUR before it reaches the account, and whoever converts it chooses the rate.

Where the conversion happens affects how much arrives, since every bank sets its own rate. In many cases you pay less if you send EUR directly via a transfer service with a good rate rather than letting the receiving bank convert. On larger amounts, a seemingly small gap in the rate can be worth more than the fee.

Incoming international payments in Luxembourg

If you expect a payment from another country in Luxembourg, give the sender a complete set of details. In practice that means: your full name as your bank knows it, your account number or IBAN, the BIC of your bank and sometimes your address.

The code of your bank is in our list but always compare it with your own bank details. It helps to include your bank’s name and city.

Expect that the amount credited is below what the sender paid. Correspondent banks can take a fee and your own bank may charge for processing, and when currencies differ, a markup on the rate applies. On invoices, state who bears the costs.

The largest SWIFT network in Luxembourg: BNP Paribas Securities Services

In our data, BNP Paribas Securities Services has the largest number of SWIFT/BIC codes of all banks in Luxembourg. Its main office has PARBLU21XXX.

A large number of codes often reflects separate codes for branches, departments or services. If not a branch code is given, PARBLU21XXX is fine for transfers to this bank.

Verifying a SWIFT code from Luxembourg

The best place to find the right code remains a document from the bank itself. If the code you have does not match our list, stop and ask.

We gather SWIFT/BIC codes using public sources and check them from time to time. Banks reorganise, change names and retire codes. Before any payment that matters, confirm the BIC with the recipient’s bank. GoldexPay is an independent comparison site for money transfers.

Scammers regularly send fake invoices carrying new bank details from what looks like a familiar address. Before paying, confirm a change of bank details by phone.

Filter: banks in Luxembourg with :letter

This page only shows banks in Luxembourg whose name starts with :letter, sorted alphabetically. The totals mentioned here cover all 494 banks and not only this letter.

Cannot find the bank? The registered name may begin with another word – think of the full legal name instead of the brand. Use the full list for Luxembourg if you are not sure how the name is spelled.

The cheapest way to send money to Luxembourg

The price of a transfer to Luxembourg has several parts. Besides a fixed fee, correspondent banks can deduct a charge, and when the money is converted the bank usually uses a less favourable rate than the real market rate.

Most of the cost usually sits in the exchange rate, not in the fee. An easy check: put the offered rate against the mid-market rate and look at the difference.

Specialist money transfer services frequently use a rate near the mid-market rate and lower fees. GoldexPay compares transfer services side by side, showing the amount that reaches the recipient before you commit.