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Luxembourg IBAN

LU·EUR·SEPA

The International Bank Account Number (IBAN) for Luxembourg is 20 characters long and is used to identify bank accounts for international transactions, within the SEPA network for euro transfers and via SWIFT for non-euro currencies.

A Luxembourg IBAN begins with the country code LU and two check digits, followed by the 16-character BBAN (Basic Bank Account Number). The Luxembourg BBAN encodes a 3-character bank code, followed by a 13-character account number. As a SEPA member, Luxembourg supports low-cost euro transfers across 36+ European countries using the EUR currency. Always include the full 20-character IBAN together with the bank's BIC/SWIFT code when making or receiving international payments.

IBAN Length

20 chars

Currency

EUR

SEPA

Yes

Banks

1+

Example IBAN

Electronic format

LU280019400644750000

Print format

LU28 0019 4006 4475 0000

IBAN structure for Luxembourg

A Luxembourg IBAN is 20 characters long and consists of the following components:

Country code

LU

Check digits

28

Bank code

3 chars

Account number

13 chars

Total length20 characters

BBAN format details

The Basic Bank Account Number (BBAN) is the domestic part of the IBAN, following the country code and check digits. Here is the BBAN validation format for Luxembourg:

Bank code3 characters

^[0-9]{3}

Account number13 characters

^[a-zA-Z0-9]{13}

Major banks in Luxembourg

1 banks in Luxembourg that support IBAN-based international transfers:

B

BGL BNP Paribas

Understanding IBAN in Luxembourg

What is the IBAN format in Luxembourg

An IBAN (International Bank Account Number) is an internationally-agreed code made up of up to 34 letters and numbers that helps banks make sure that international transfers are processed correctly. Each set of characters represents a different detail for your bank account. You can see the breakdown of this IBAN below.

What is the IBAN code in Luxembourg

IBAN in Luxembourg consists of 20 characters: 2 letter country code 2 digit check number 3 characters from the bank's bank code 13 digit code for the bank account number

Do you need an IBAN in Luxembourg

Yes. If you’re making – or expecting to receive – an international money transfer to a bank account in Luxembourg, then just a standard bank account number isn’t enough. If you want your money to arrive quickly and safely, you’ll usually need to give the bank a few extra details, such as an IBAN or SWIFT code. Banks assign IBANs to each of their accounts to make sure that international transfers are processed correctly. IBANs contain all of the country, bank, and account details you need to send or receive money internationally. This system is used throughout Europe, and also recognised in some areas of the Middle East, North Africa and the Caribbean.

Frequently asked 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 — for example from the US, UK, or Switzerland for non-SEPA currencies — the sender also needs your bank's SWIFT/BIC code. 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.