Leonteq Securities AG SWIFT/BIC code

What EFGFCHZZ means for a payment to Leonteq Securities AG

EFGFCHZZ and EFGFCHZZXXX are two spellings of the same SWIFT/BIC code, and both point to Leonteq Securities AG in Zurich. A SWIFT code shows every bank in the chain which institution is meant to get the money, much like a postcode for banks. In daily life you mostly come across it on invoices from abroad, in your banking app and in the bank details of Leonteq Securities AG customers.

This page is meant to help people who pays into an account at Leonteq Securities AG and wants to get the details right. The BIC identifies an institution, not a specific account; the IBAN or account number does that.

Incoming international payments to Leonteq Securities AG

For a transfer from abroad at Leonteq Securities AG, the sender has to have more than the SWIFT code. In practice that means: your name exactly as it appears on the account, your account number or IBAN, the SWIFT/BIC code EFGFCHZZXXX and usually your postal address.

It helps to add Leonteq Securities AG and Zurich as well, since some forms ask for it. Double-check the details before you send them.

Expect that the incoming amount is smaller than the amount on the sender’s receipt. Fees for incoming transfers vary from bank to bank – the price list of Leonteq Securities AG tells you what applies. Make clear with the sender who pays which costs before the money is sent.

Choosing between the 2 SWIFT codes of Leonteq Securities AG

Our database contains 2 SWIFT/BIC codes for Leonteq Securities AG. Besides the head office code EFGFCHZZXXX, there are codes for regional offices and specialised units.

In most cases you do not need to look up a branch: transfers sent to EFGFCHZZXXX reach Leonteq Securities AG without problems. Just use a branch code when the account holder explicitly asks for it, for example on an invoice or in their bank details.

When in doubt, ask the person you are paying for the exact BIC in their bank details. Branch codes are more prone to change than the head office code.

Paying into Leonteq Securities AG in CHF

Most accounts at Leonteq Securities AG are typically held in CHF, the local currency of Switzerland. A payment in a foreign currency will be converted into CHF before it reaches the account – and the bank that does it picks the rate. You rarely see a separate line for that conversion – the cost sits in the rate.

Where the conversion happens affects the final amount. Often it is cheaper if you send CHF directly through a transfer service that converts near the mid-market rate, so that the receiving bank does not need to convert again.

Exchange rates change during the day, and some providers let you lock in a rate. For recurring payments, a slightly better rate add up over time.

How long does an international transfer to Leonteq Securities AG take?

A SWIFT payment usually needs anywhere from one to several business days. Transfers sent late in the day or just before weekends and holidays usually start the next business day. Sometimes a bank asks what the payment is for before releasing it.

If the money is delayed, contact the sending bank for the status. Save the payment confirmation until the recipient confirms.

If the money does not arrive after a few business days, the person who paid should start with the bank that sent it, not the receiving bank. As a recipient, you can check your account for a partial amount.

EFGFCHZZ or EFGFCHZZXXX – which one to use?

Every SWIFT/BIC code has the same eight core characters: a four-letter bank code, two letters for the country and a two-character location code. Combined, those parts form EFGFCHZZ.

Many banks and apps work with both lengths. If yours asks for eleven characters, enter EFGFCHZZXXX.

In practice the code is typed in capitals. Pasting the code beats retyping it, because one wrong letter changes the bank.

Verifying the SWIFT code of Leonteq Securities AG

Ask the recipient to copy their bank details directly from their banking app. If the code you have does not match EFGFCHZZ or EFGFCHZZXXX, stop and ask.

Errors in the SWIFT code tend to be annoying rather than disastrous. An error in the account number is a bigger problem, because the money may be credited to someone else, so check that just as carefully.

An automatic check by your bank merely tells you that the code is valid – not that it belongs to the person you mean to pay. Where available, a name check on the recipient adds an extra layer of safety. For a first payment, some people start with a small amount first and wait for confirmation.

Sending money abroad from Leonteq Securities AG

If you send money abroad from Leonteq Securities AG, the visible fee is only part of what you pay. You pay the fee for the transfer itself, sometimes fees charged by intermediary banks along the way and, most importantly, the exchange rate markup when the money is converted.

Most of the cost usually sits in the exchange rate, not in the fee: many banks convert using an exchange rate that includes a margin. An easy check: set the bank’s rate against the mid-market rate for the same moment and work out the difference on your amount.

For a lot of currency pairs, a transfer service turns out to be less expensive than a traditional bank transfer – mostly thanks to the rate. Before your next transfer, take a minute to compare what arrives on GoldexPay instead of going straight to your bank. You can still keep your account at Leonteq Securities AG as the source of the money, while a cheaper service handles the conversion.

Paying Leonteq Securities AG in euros within SEPA

Within the SEPA zone, euro payments to an account in Switzerland follow common rules, so the IBAN does the job in most cases. A field for the BIC is usually optional or missing for those payments.

Outside the euro and from non-SEPA countries, EFGFCHZZXXX or EFGFCHZZ remains required. A few banks and apps still show a field for the BIC; if so, enter EFGFCHZZ.

Instant euro transfers have become widely available within SEPA; check with Leonteq Securities AG whether it applies to your account. As long as the payment stays in euros, a SEPA transfer tends to be cheap.

Protect yourself against fake payment requests

Criminals regularly send fake invoices containing new bank details sent from what looks like a familiar address. That EFGFCHZZ is a real code is no guarantee that a request mentioning it is legitimate – fraudsters use real bank codes as well.

Never rely on a phone number from the same email that contains the change. Urgency and requests to keep it quiet tend to be warning signs; a genuine business can wait for you to check. Already paid? Contact the bank you paid from straight away and have them start a recall and report the fraud.

Fraud can also work the other way: someone sends too much and wants you to refund the extra to a new account. Do not act before the money has really arrived and check with Leonteq Securities AG if anything seems off.

A note on our data

We gather SWIFT/BIC codes using public sources and update them from time to time. Even so, banks merge or retire codes, so information can be out of date. Figures such as the number of codes are from our directory.

Before any payment that matters, always check the BIC with the recipient’s bank or with the recipient. GoldexPay is independent of Leonteq Securities AG. Spotted an error? Tell us via our contact form so we can correct it.