Mangopay SA SWIFT/BIC code

LETCLUL1 – the SWIFT/BIC code of Mangopay SA

LETCLUL1 and LETCLUL1XXX are the short and the long form of the same SWIFT/BIC code, and both lead to Mangopay SA in Luxembourg. Every bank on the SWIFT network uses BIC codes to direct payments between countries to the right bank. You will need it mostly for transfers between countries.

We wrote this page to help anyone who sends money to an account at Mangopay SA. Remember that the SWIFT code only identifies the bank, not the person: the account number or IBAN takes care of that.

What the XXX in LETCLUL1XXX means

A BIC is made up of a few fixed parts: the first four letters identify the bank, the next two give the country and characters seven and eight indicate the location. The result is LETCLUL1.

Most banks and apps accept either length. If a form asks for eleven characters, enter LETCLUL1XXX; if it wants eight, use LETCLUL1.

Leave out spaces or dashes when you type LETCLUL1; the code is always written in one block. A wrong letter may route the money to a different institution, so copy it carefully.

Where our SWIFT data comes from

The details here come from public sources which we refresh regularly. Banks merge, close branches and retire codes, and a directory never catches every change immediately. The number of codes we show reflect our own data, not official figures from Mangopay SA.

For any payment that matters, always check the BIC with Mangopay SA or with the recipient. GoldexPay has no connection to Mangopay SA; we are a comparison site for money transfers. Found outdated information? Let us know through the contact page and we will look into it.

Sending EUR to Mangopay SA

The local currency of Luxembourg is the Euro (EUR). Money sent in a different currency will be converted into EUR on its way to Mangopay SA, and whoever converts it chooses the rate. You rarely see a separate line for that conversion – the cost sits in the rate.

Where the conversion happens affects how much arrives. Compare how much EUR arrives via several providers before choosing one.

The rate for EUR fluctuates throughout the day and quotes are often valid only for a short time. If you pay regularly, a slightly better rate make a real difference over time.

Scams that use SWIFT codes

Criminals often use fake invoices with new bank details, sometimes in an email that looks completely genuine. A valid SWIFT code tells you nothing about who owns the account: scammers use real codes of real banks.

Always confirm changed bank details by phone. Urgency or secrecy are red flags; a genuine business can wait for you to check. Acted too fast? Call your bank without delay and ask them to start a recall.

People receiving money are targeted too: a classic trick is an overpayment and then sends a request to refund the difference abroad. Do not act before the money is actually in your account and check with Mangopay SA if anything seems off.

SEPA payments and the Mangopay SA BIC

Because Luxembourg is part of the SEPA zone, a euro transfer into Mangopay SA from within the SEPA area normally only needs the IBAN. Many banks do not require the BIC for these payments or fill it in for you.

A SWIFT code like LETCLUL1 does come into play when the currency is not euros. Some banks and apps also ask for the BIC; in that case, enter LETCLUL1 or LETCLUL1XXX.

SEPA transfers normally land within one business day, and instant transfers in seconds where both banks support them. Fees for SEPA transfers are generally low.

Choosing between the 2 SWIFT codes of Mangopay SA

Our directory lists 2 SWIFT/BIC codes for Mangopay SA. Next to the head office code LETCLUL1XXX, you will find codes for branches, departments or specific services.

If nobody asks you for a branch code, go with LETCLUL1XXX. A branch code only makes sense when the recipient’s bank explicitly asks for it.

The safest approach is to copy the code straight from the account holder’s invoice. Branch codes are more prone to be retired than LETCLUL1XXX.

Before you send: check the Mangopay SA code

The most reliable source for a SWIFT code is the recipient’s own bank details: an invoice, a bank statement or their online banking. Check that code against LETCLUL1 on this page.

Mistakes in the BIC are annoying rather than fatal: often the payment comes back, minus fees. A mistake in the IBAN or account number can be a bigger problem because it can reach the wrong person.

An automatic check in your banking app only tells you that the code is valid. Some banks now check the name with the account – do not ignore a mismatch warning. Sending a small amount first is a sensible step for large sums.

Receiving money from abroad at Mangopay SA

When you expect a payment from another country, send the payer all details at once. What they need is: your name, account number or IBAN, LETCLUL1XXX or LETCLUL1 and in many cases your home address.

The sender’s bank might also ask for the bank address of Mangopay SA, in which case the Luxembourg head office is the usual answer. Check every detail before you send them, because the sender’s bank usually copies them as is.

Do not be surprised if the amount credited is below the amount on the sender’s receipt. Charges on incoming payments differ per bank; check the price list of Mangopay SA. Make clear with the sender who covers the fees.

Sending money abroad from Mangopay SA

If you transfer money abroad through Mangopay SA, the fee you see is rarely all of what you pay. You pay the transfer fee, possibly fees charged by intermediary banks along the way and, most importantly, the exchange rate markup if the currency changes.

Banks do not show the margin on the rate as a cost, but you pay it all the same. An easy check: put the bank’s rate against the mid-market rate for the same moment and work out the difference on your amount.

Money transfer services frequently offer a rate near the mid-market rate with clearer fees. GoldexPay compares transfer providers next to each other, showing the amount the recipient gets. Using a transfer service does not require leaving Mangopay SA: you simply pay the service from your account.

When will the money arrive at Mangopay SA?

A SWIFT payment typically needs anywhere from one to several business days. Payments made after the cut-off time or on a weekend or public holiday usually go out a business day later. Sometimes a bank wants to know about the purpose of a payment, which can hold things up.

If a transfer seems delayed, contact your bank for the tracking status and the transaction reference; with that reference banks can see where the payment is. Save your transfer receipt.

If a payment has not arrived within the expected time, the person who paid needs to start with their own bank rather than Mangopay SA. On the receiving end, you can check your statements for a slightly lower amount because fees can reduce the amount.