Question 1

What is the SWIFT code for Banque Internationale à Luxembourg (BIL)?

Accepted Answer

The SWIFT/BIC code for Banque Internationale à Luxembourg (BIL) is BILLLULL. This 8-character code identifies the bank in international wire transfers and is registered with SWIFT (Society for Worldwide Interbank Financial Telecommunication).

Question 2

How do I send an international wire transfer to Banque Internationale à Luxembourg (BIL)?

Accepted Answer

To send money internationally to Banque Internationale à Luxembourg (BIL), provide your bank with the SWIFT/BIC code BILLLULL (LUXEMBOURG, Luxembourg) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is Banque Internationale à Luxembourg (BIL) a SEPA member?

Accepted Answer

Yes, Banque Internationale à Luxembourg (BIL) is a SEPA (Single Euro Payments Area) member. Euro transfers within the SEPA zone can be processed as fast, low-cost SEPA Credit Transfers using the recipient's IBAN, with no SWIFT fees required for intra-SEPA payments.

Question 4

What does the BIC code BILLLULL mean?

Accepted Answer

In the BIC code BILLLULL: "BILL" is the institution code identifying Banque Internationale à Luxembourg (BIL), "LU" is the ISO 3166-1 country code for Luxembourg, and "LL" is the location code indicating the bank's city or timezone zone.

Question 5

Who owns Banque Internationale à Luxembourg (BIL)?

Accepted Answer

Banque Internationale à Luxembourg (BIL) is owned by Legend Holdings Corporation, a banking group based in China. Banque Internationale à Luxembourg (BIL) is registered in Luxembourg as a local entity, while its ultimate ownership sits with the parent group in China.

BILLLULL

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