Bunq B.V. SWIFT/BIC code

What BUNQNL2A means for a payment to Bunq B.V.

Whether you are given BUNQNL2A or BUNQNL2AXXX, it is the identical address for Bunq B.V. in Netherlands. Every bank on the SWIFT network uses these codes to route international transfers to the right bank. In daily life you usually come across it on invoices from abroad, in payment forms and on the account details that Bunq B.V. provides.

We wrote this page to help people who receives money at an account at Bunq B.V.. A SWIFT code identifies a bank or branch, not a single account; the IBAN or account number does that.

Getting paid from abroad into a Bunq B.V. account

Someone abroad who wants to pay you will ask for a few details about your account, and missing ones are a common cause of delays. That means: your full name exactly as it appears on the account, your IBAN or account number, the BIC BUNQNL2AXXX and usually your address.

It helps to add the bank name and its city too, since some forms ask for it. Double-check each detail before you share them – a sender rarely spots a mistake in someone else’s details.

Money from abroad does not always arrive for the full amount. Intermediary banks may deduct a fee, and when currencies differ, a markup on the rate applies. Make clear with the sender who pays which costs, especially for larger amounts.

Where our SWIFT data comes from

The codes here come from public sources that we update regularly. It is possible that a code here is out of date, for example after a merger. Counts and locations come from our own dataset and are not confirmed by Bunq B.V..

Treat this page as a starting point, rather than as the last word: the recipient’s bank details come first. We are an independent comparison service for money transfers and not part of Bunq B.V.. Found outdated information? Let us know through the contact page and we will look into it.

Verifying the SWIFT code of Bunq B.V.

Have the recipient send you their bank details straight from their online banking. Check that code with BUNQNL2A here.

A wrong SWIFT code can cause delays, a returned payment or additional charges. Do not forget the account number: a mistake there is more difficult to undo than a wrong BIC.

Most online banking apps validate the structure of IBANs – that confirms the format, not the owner. Where available, a payee name check before sending adds extra certainty. For a first payment, many people send a small test amount before sending the rest.

What the XXX in BUNQNL2AXXX means

The structure of a BIC never changes: four characters for the institution, a two-letter country code and two for the location, sometimes followed by a branch code. Combined, those parts form BUNQNL2A.

The long version has three more characters for a branch or department. When those three characters are XXX, they simply mean the head office, so BUNQNL2AXXX and BUNQNL2A are interchangeable.

As a rule the code is typed in capitals. Look out for O versus 0 and the letter I and the digit 1, a common source of typos.

SEPA payments and the Bunq B.V. BIC

Because Netherlands is in SEPA, a euro transfer to Bunq B.V. from another SEPA country normally requires just the IBAN. Most banking apps do not require the BIC in that case or fill it in for you.

You still need BUNQNL2AXXX when sending payments in other currencies or money from outside the SEPA area. If your banking app has a field for the BIC anyway, entering BUNQNL2A is fine.

Euro payments within SEPA normally land within one business day; instant payments are faster if both banks offer them. Provided the payment stays in euros, the transfer tends to be inexpensive; costs rise once a conversion is involved.

How long does an international transfer to Bunq B.V. take?

There is no single delivery time for every transfer: some land the same day or the next. Transfers sent after the cut-off time or just before weekends and holidays usually go out the next business day. Occasionally a bank wants to know what the payment is for.

Many banks use SWIFT gpi for faster and traceable payments. Each payment carries a unique reference, the UETR. Specialist transfer services often provide tracking online showing how far the money is.

A missing payment is investigated from the sending side. As a recipient, you can check your statements to see a slightly lower amount, since fees may have been deducted.

Head office or branch code at Bunq B.V.?

Having 2 codes in 1 locations, Bunq B.V. belongs to the banks that use separate codes for parts of the organisation and departments. The main code is BUNQNL2AXXX.

In most cases you do not need to pick a branch: payments sent to BUNQNL2AXXX are routed within Bunq B.V. correctly. Just use a branch code when your contact gives you that exact code.

Not sure which code to use? Ask the recipient. Branch codes can change over time.

Sending money abroad from Bunq B.V.

When you send money to another country from Bunq B.V., the fee you see is only part of what you pay. You pay the fee for the transfer itself, possibly charges from correspondent banks in between and, above all, the exchange rate markup if the currency changes.

Banks do not show the margin on the rate separately – you only notice it if you compare. Compare the rate you are offered with the mid-market rate, the midpoint between buy and sell rates you see on financial sites. The difference is your real conversion cost.

Specialised transfer providers often use rates closer to the mid-market rate with clearer fees. GoldexPay lists these services next to each other, showing the amount the recipient gets for the same amount sent. Choosing a specialist does not require closing your account at Bunq B.V.: you simply pay the service from your account.

The Euro and what conversion costs you

Most accounts at Bunq B.V. are usually held in EUR, the local currency. Money sent in a different currency is converted into EUR – and the bank that does it picks the rate. You rarely see a separate line for the conversion.

Who does the conversion has an effect on the final amount. Compare what EUR arrives with several services; the difference between options can be larger than you expect.

The EUR rate changes constantly. For recurring payments, small differences in the rate add up over time.

Watch out for payment fraud

Scammers often send payment requests containing new bank details, sometimes in an email that looks completely genuine. That BUNQNL2A is a real code does not mean that a request mentioning it is legitimate – fraudsters use real bank codes as well.

Always verify a change of bank details through a phone call, using a number you already had. Watch out for time pressure, unusual wording or a sender address that is slightly off. Acted too fast? Call your bank without delay and have them start a recall and report the fraud.

Scams also target the receiver: someone sends more than agreed and wants you to return the difference. A payment confirmation from the sender proves nothing – check your own account.