Luxembourg IBAN
A Luxembourg IBAN is 20 characters long and Luxembourg is in SEPA.
LU and two check digits open every Luxembourg IBAN; its remaining 16 form the BBAN (Basic Bank Account Number).
Example Luxembourg IBAN
Electronic format
LU280019400644750000
Print format
LU28 0019 4006 4475 0000
IBAN structure for Luxembourg
Major banks in Luxembourg
1 banks in Luxembourg that support IBAN-based international transfers:
Format reference: SWIFT IBAN Registry.
Luxembourg IBAN questions
What is the IBAN format for Luxembourg?
A Luxembourg IBAN is exactly 20 characters long. It starts with LU, 2 check digits, a 3-digit bank code, and a 13-digit account number. Example: LU28 0019 4006 4475 0000.
Is Luxembourg part of SEPA?
Yes. Luxembourg is a founding eurozone and SEPA member. Euro transfers from other EU and EEA countries are processed via SEPA Credit Transfer (SCT) or SEPA Instant Credit Transfer (SCT Inst). Only the LU IBAN is needed for inbound SEPA transfers — no BIC is required.
What bank codes do BGL BNP Paribas, BCEE (Spuerkeess), and Banque de Luxembourg use?
Luxembourg bank codes (3 digits, positions 5–7 of the IBAN): BCEE (Spuerkeess) uses 001, BGL BNP Paribas uses 002, and ING Luxembourg uses 030. Banque de Luxembourg and Raiffeisen Luxembourg each have distinct 3-digit codes assigned by the Banque centrale du Luxembourg.
How do I find my IBAN at a Luxembourg bank?
Your LU IBAN is displayed in your bank's online banking or mobile app under account details. BCEE's LuxTrust-secured internet banking, BGL BNP Paribas's Hello bank! app, and ING Luxembourg's online banking all show the 20-character IBAN. It also appears on bank statements and in your account welcome documents.
Do Luxembourg banks offer multi-currency accounts?
Yes. Luxembourg's private and retail banks routinely offer multi-currency accounts in EUR, USD, GBP, CHF, and other currencies, reflecting the country's international financial centre status. Each currency account may have its own IBAN or share the main account IBAN with a currency code. Confirm with your bank which account and IBAN to provide to the sender.
What is Luxembourg's connection to TARGET2?
Luxembourg is connected to TARGET2, the Eurosystem's real-time gross settlement system for high-value euro payments. The Banque centrale du Luxembourg acts as the national component. For large-value cross-border EUR transfers, payments may settle through TARGET2 on a same-day basis, using your LU IBAN as the account identifier.
Do I need a SWIFT code to receive a transfer from outside the EU to Luxembourg?
For SEPA transfers from EU and EEA countries, only the LU IBAN is required. For transfers from outside SEPA, or in currencies SEPA does not carry — dollars from the US, francs from Switzerland — the sender also needs your bank's SWIFT/BIC code, as does a euro sender in the UK. BGL BNP Paribas's SWIFT code is BGLLLULL; BCEE's is BCEELULL.
How IBAN is used in Luxembourg
Luxembourg uses a 20-character IBAN and is a founding member of the eurozone and SEPA. As one of Europe's leading financial centres, Luxembourg processes an exceptionally high volume of cross-border transfers relative to its population. The Commission de Surveillance du Secteur Financier (CSSF) regulates the banking sector, with major players including BGL BNP Paribas, BCEE (Spuerkeess), and Banque de Luxembourg handling both retail and private banking.
- A Luxembourg IBAN starts with LU, two check digits, a three-digit bank code, and a 13-digit account number. BCEE (Spuerkeess) carries bank code 001, BGL BNP Paribas uses 002, and ING Luxembourg uses 030. As a SEPA member, only the IBAN is required for euro transfers within the EU and EEA — no BIC is needed for SEPA Credit Transfers.
- Luxembourg's banking sector serves a large community of EU institution employees, financial professionals, and investment fund managers. Many account holders maintain accounts denominated in multiple currencies alongside their EUR IBAN account. For non-EUR transfers, additional routing details including SWIFT codes are required.
- Luxembourg's LUIPS (Luxembourg Interbank Payment System) connects to TARGET2 for high-value euro settlements. For retail payments, the SEPA schemes apply and transfers between Luxembourg and other EU countries settle within one business day. If you work for an EU institution based in Luxembourg, your employer will require your LU IBAN for payroll.
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