SWIFT/BIC codes in Luxembourg: banks starting with O

SWIFT/BIC codes in Luxembourg

This overview contains 494 banks and financial institutions in Luxembourg, with 1051 SWIFT/BIC codes in total. A BIC shows every bank in the chain which institution should receive the money.

Search for the bank you need below and open its page to see the full list of codes and what else a transfer requires. Below the list we explain how codes from Luxembourg are built, how to send money to Luxembourg at a fair price and how to check a code before you pay.

What a sender needs to pay you in Luxembourg

To receive a transfer from abroad in Luxembourg, the sender needs not just the SWIFT code. Give them the account holder’s name, your account number or IBAN, your bank’s SWIFT code and your address, which some banks require.

Look up the bank in the list on this page. It helps to include the name and city of your bank.

Do not be surprised if the amount credited is below the amount on the sender’s receipt. Correspondent banks can take a fee, your bank may charge for incoming payments, and when currencies differ, an exchange rate margin applies. For business payments, state who bears the costs.

Sending money to Luxembourg for less

A bank transfer to Luxembourg can cost rather more than the fee suggests. There is a transfer fee, possibly charges from intermediary banks along the way and, above all, the exchange rate markup.

That exchange rate margin is often the largest part of the cost. Check the rate you are offered against the mid-market rate that you find on financial sites.

For a lot of routes, a specialist provider is less expensive than a bank, mainly because of the rate. Before you send money to Luxembourg, it is worth comparing what arrives via GoldexPay rather than accepting the first rate you see.

About our data and how to check a code

Have the recipient copy their bank details directly from their banking app. A wrong code can cause delays, a payment being sent back or extra fees.

Our SWIFT/BIC directory is compiled from publicly available sources and is updated regularly. Institutions reorganise, close branches and change codes, and no directory catches every change immediately. Before a payment that matters, confirm the BIC with the recipient. GoldexPay is a comparison site.

Watch out for payment requests containing a new account. Before paying, confirm changed details through a separate channel on a number you know.

Banks in Luxembourg beginning with the letter :letter

This filter narrows the list to banks in Luxembourg starting with :letter, so you can find a bank faster. The totals mentioned here cover every bank we list, not just the ones under :letter.

If the bank you need does not appear here, check another letter. Use the full list for Luxembourg when you do not know the exact name.

Sending EUR to Luxembourg

Luxembourg pays in the Euro, code EUR. Money sent in a different currency is exchanged into EUR on its way to the recipient, and whoever converts it chooses the rate.

Who does the conversion affects the final amount, as rates and margins differ per bank. In many cases you pay less to send EUR straight away through a provider that converts near the mid-market rate. With bigger transfers, a seemingly small difference in the rate can be worth more than the fee.

The largest SWIFT network in Luxembourg: BNP Paribas Securities Services

Among the 494 institutions we list, BNP Paribas Securities Services has the largest number of SWIFT/BIC codes of all banks in Luxembourg. Its head office code is PARBLU21XXX.

A large number of codes usually reflects separate codes for branches, departments or services – it says nothing about the size of the bank as such. If not the recipient asks for a branch, PARBLU21XXX is fine for a payment to BNP Paribas Securities Services.

How SWIFT codes from Luxembourg are built

A BIC is either 8 or 11 characters long. The first four letters identify the bank, the fifth and sixth characters are the country code and the next two give the location.

For banks in Luxembourg, characters five and six are the two-letter ISO code of Luxembourg – that is the quickest way to spot one. A code with a different country code belong to a bank abroad.

The long version ends in a branch code, where XXX means the head office. For most transfers the head office code is what you need.

Luxembourg and the SEPA area

Since Luxembourg is in the SEPA zone, a euro payment to an account in Luxembourg usually only needs an IBAN. Most banking apps no longer ask for the BIC in that case.

A SWIFT code still come into play for payments in other currencies and for transfers from outside SEPA. Instant euro transfers have become widely available across SEPA. Costs stay low as long as no currency is converted.

When does money sent to Luxembourg arrive?

There is no single delivery time for transfers to Luxembourg: some land within a day, others take several business days. Transfers sent after the cut-off time or on weekends and holidays usually go out the next business day.

A growing number of banks use SWIFT gpi. Each payment carries a unique transaction reference, the UETR. Keep your transfer receipt – you will need it if something goes wrong.