Vp Lux SWIFT/BIC code

Vp Lux SWIFT code: VPLULULL

VPLULULL and VPLULULLXXX are two spellings of the same SWIFT/BIC code, and both point to Vp Lux in Luxembourg. The code has a single purpose: it ensures that an international payment ends up at the right bank. You will need it mainly for payments that cross a border or a currency.

We wrote this page to help people who sends money to an account at Vp Lux and wants to get the details right. The BIC names an institution, never a specific account.

How to check VPLULULL before you pay

Have the recipient send you the account details straight from their online banking. If the code you have does not match VPLULULL or VPLULULLXXX, do not guess.

If the code is wrong, the payment might be delayed, be returned or cost extra – sometimes after weeks of searching. Do not forget the IBAN: an error there is harder to undo than a wrong BIC.

Many banking apps check the structure of an IBAN and some suggest the matching BIC – that confirms the format, not the owner. Where available, a payee name check before sending gives an extra layer of safety. For a first payment, some people send a small amount first.

Protect yourself against fake payment requests

Scammers often send payment requests containing new bank details sent from what looks like a familiar address. That VPLULULL is a real code is no guarantee that the account is legitimate; criminals use the codes of real banks too.

Never trust contact details from the same email that announces the change. Urgency or secrecy tend to be red flags – a real supplier can wait a day. Already paid? Call the bank you paid from straight away and ask them to try to recall the payment.

Fraud also work the other way: someone sends too much and wants you to refund the extra to a new account. A screenshot of a transfer proves nothing.

8 or 11 characters: VPLULULL versus VPLULULLXXX

A SWIFT code is made up of a few fixed parts: the first four letters identify the bank, characters five and six show the country and characters seven and eight indicate the location. The result is VPLULULL for Vp Lux.

XXX at the end of VPLULULLXXX is not a missing value or a mistake: it indicates the main office of Vp Lux. Certain payment forms ask for 11 characters, and then you can add XXX after VPLULULL.

Type the code as one block, in upper case and without separators, exactly as shown here. Watch for O versus 0 or I versus 1, a common source of typos.

Sending money abroad from Vp Lux

A bank transfer abroad costs more than the fee suggests. You pay the fee for the transfer itself, sometimes charges from correspondent banks in between and, above all, the margin on the exchange rate.

The markup on the rate is often the biggest cost. Compare the rate you are offered against the mid-market rate.

Specialised transfer providers often offer a rate near the mid-market rate and lower fees. Next time you send money, it is worth to compare what arrives on GoldexPay instead of going straight to your bank. Using a transfer service does not require closing your account at Vp Lux – you pay the provider from your own account.

SEPA payments and the Vp Lux BIC

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

You will still need VPLULULLXXX when sending non-euro payments or transfers from countries outside SEPA. A few banks and apps still show a field for the BIC out of habit; if so, fill in VPLULULL.

SEPA transfers normally land within one business day; instant payments are faster if both banks offer them. Charges on SEPA transfers are generally low, as long as no currency conversion is involved.

The Euro and what conversion costs you

The currency in Luxembourg is the Euro (EUR). Money sent in a different currency will be exchanged into EUR on its way to Vp Lux. Each conversion costs the amount.

Who converts the money makes a difference. Check what EUR the recipient gets via several providers before choosing one.

The EUR rate changes constantly, so the amount you see is usually only valid for a short time. For recurring payments, small differences in the rate make a real difference over a year.

Transfer times and tracking a payment to Vp Lux

There is no fixed delivery time for international payments: some land the same day or the next. Weekends and public holidays in either country can add extra days to the journey. Sometimes a bank asks about the purpose of a payment, which can hold things up.

When a payment takes longer than expected, ask the sending bank for the tracking status and the transaction reference. Money transfer services often provide a status in their app showing where the money is.

A missing payment has to be traced from the sending side on the basis of the transfer details. Request from the sender a copy of the payment confirmation with the date and reference; that often settles the question quickly.

Vp Lux: head office code versus branch codes

With 61 codes, Vp Lux belongs to the banks that use separate codes for parts of the organisation. The head office code is VPLULULLXXX.

If nobody asks you for a branch code, go with VPLULULLXXX. Branch codes are only needed when the account holder explicitly mentions it.

Unsure which code to use? Ask the recipient or the bank itself. Branch codes are more prone to change than VPLULULLXXX when a bank merges or closes offices.

Getting paid from abroad into a Vp Lux account

For a transfer from abroad into your account at Vp Lux, the sender has to have not just the SWIFT code. What they need is: the account holder’s name, IBAN or account number, VPLULULLXXX or VPLULULL and in many cases your postal address.

Certain banks want the name and address of Vp Lux, so keep it at hand. A mistake in the IBAN is more trouble than you might think.

Do not be surprised if the amount credited is below what the sender paid. Charges on incoming payments vary per bank. Agree with the sender who covers the fees before the money is sent.

A note on our data

We gather SWIFT/BIC codes from public sources and check our list regularly. Institutions merge, change names and retire codes, and a directory never catches every change immediately. The figures we show are based on what is in our directory and not on information from Vp Lux itself.

Use our data as a starting point, not as the final word: the recipient’s bank details come first. GoldexPay is not affiliated with Vp Lux. Should you notice something that is out of date, we appreciate a message via the contact page.