SWIFT / BIC Code

RAPSLUL1

Rakuten Europe Bank S.A.

๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg, Luxembourg

Closed. Rakuten Europe Bank S.A. no longer operates. The bank says it has ceased its e-money activities, that business relations with its customers have been terminated and that customers are no longer authorised to use their e-money accounts. Anyone who believes they still hold a redeemable balance is asked to contact the bank, which says it will process eligible redemption requests. No bank took the business on. The two sources do not conflict: the bank also says it is in the process of applying for the voluntary withdrawal of its banking licence and remains subject to its regulatory obligations until that completes, which is why the CSSF register still lists it, with no end date, as an authorised bank.
Announced by the bank's own notice, which is the whole of its website (2026-01-16) and the CSSF register, which still carries it as an authorised bank. How we check.

BIC Breakdown

RAPS
Bank code
LU
Country
L1
Location

RAPS: institution identifier (4 letters)

LU: country code per ISO 3166-1

L1: location code (city / timezone)

Bank Details

Full BICRAPSLUL1
Bank nameRakuten Europe Bank S.A.
CityLuxembourg
Country๐Ÿ‡ฑ๐Ÿ‡บ Luxembourg (LU)
SEPA member (while operating)Yes
Official websitebank.rakuten.eu โ†—
CurrencyEuro (EUR)
Transfer networkSEPA + SWIFT

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