SWIFT/BIC codes in Luxembourg: banks starting with V

Finding a SWIFT code in Luxembourg

This overview contains 494 banks and financial institutions in Luxembourg, with 1051 SWIFT/BIC codes in total. You need such a code mostly for payments across borders, and especially for payments in foreign currencies.

Each bank has its own page showing its main code and if there are any, codes for branches and departments. Below the list we explain how codes from Luxembourg are built, how to send money there at a fair price and what to check before you pay.

SEPA transfers to Luxembourg

Luxembourg belongs to the SEPA area, where euro transfers follow common rules. For a standard euro transfer within SEPA, you normally only need the IBAN and the BIC is often filled in automatically.

The BIC still come into play when the currency is not euros. Euro payments within SEPA normally land within one business day or faster with instant payments. As long as the payment stays in euros, a SEPA transfer is usually cheap.

The largest SWIFT network in Luxembourg: BNP Paribas Securities Services

In our directory, BNP Paribas Securities Services holds the most SWIFT/BIC codes of all banks in Luxembourg. The head office uses PARBLU21XXX, which is the code to use when no branch is specified.

Banks differ in whether they register branch codes – a high count is not a measure of size. Paying someone at BNP Paribas Securities Services? Use PARBLU21XXX unless a specific branch code is requested.

Filter: banks in Luxembourg with :letter

This filter narrows the list to banks from Luxembourg that begin with :letter, so you can find a bank faster. The totals mentioned above still cover the whole country and not only this selection.

If the bank you need is missing under :letter, try another letter: banks are often registered under their full legal name. Use the full list for Luxembourg when you are not sure how the name is spelled.

About our data and how to check a code

The safest source for the BIC is the bank details provided by the recipient – an invoice, a statement or a screenshot from online banking. If the code you have does not match our list, do not guess – contact the recipient or their bank.

We collect bank codes from publicly available data and check them from time to time. Banks merge, change names and change codes. Treat our data as a reference: the bank details from the recipient come first. GoldexPay is a comparison service for money transfers and not part of any bank listed here.

Watch out for payment requests with a new account, especially when they come by email. Before paying, verify a change of bank details through a separate channel on a number you know.

Bank or transfer service for Luxembourg?

If you send money to Luxembourg via your bank, the stated fee is rarely all of the cost. You pay a transfer fee, possibly fees from correspondent banks and, above all, the margin on the exchange rate.

The real cost is often in the rate, rather than in the fee. Check the rate you are offered with the mid-market rate that you find on financial sites; the gap is what conversion costs you.

For a lot of currency pairs, a transfer service turns out to be cheaper than a bank – mostly thanks to the exchange rate. On GoldexPay we compare the amount that arrives in Luxembourg across services, which makes the cheapest option easy to spot.

The Euro (EUR) and conversion costs

Luxembourg uses the Euro, with the currency code EUR. When you pay money in a different currency, it gets converted somewhere along the way: by your bank, an intermediary or the receiving bank.

Where the conversion happens has an effect on the final amount. Compare how much EUR arrives via different providers; the difference between options can be larger than you expect. Exchange rates move during the day – some providers let you lock in a rate.

How SWIFT codes from Luxembourg are built

SWIFT/BIC codes follow one international format: eight characters, sometimes followed by three more. First comes four letters for the bank, then a two-letter country code and two characters for the location.

For banks in Luxembourg, letters five and six show the two-letter ISO code of Luxembourg – that is the quickest way to spot one. If the country letters do not match Luxembourg, you are looking at a bank somewhere else, so check again.

An 11-character code ends in a branch code, where XXX means the head office. For most transfers the head office code is fine unless the recipient asks for a specific branch.

Incoming international payments in Luxembourg

For an international payment into a Luxembourg account, the person paying you needs not just the BIC. In practice that means: your full name as your bank knows it, your account number or IBAN, the SWIFT/BIC code of your bank and, often, your address.

Find the bank in the list above and compare the code with your own bank details – your bank statement is the final word. Certain sending banks also ask for the name and address of your bank; it does no harm to include it.

Expect that the amount credited is below what the sender paid. Charges on incoming payments differ per bank. Agree with the sender who pays which costs, especially for larger amounts.

Transfer times to Luxembourg

An international transfer to Luxembourg typically takes anywhere from one to several business days. Bank holidays in Luxembourg or in the sending country add a day or more to the journey.

Many banks use SWIFT gpi. Each gpi transfer carries a unique reference, the UETR that banks can use to see where the money is. Specialist transfer services often provide tracking online so you can follow the payment.