BANK OF COMMUNICATIONS CO., LTD., LUXEMBOURG BRANCH, BIC/SWIFT Code Details
COMMLULX is the SWIFT/BIC code for BANK OF COMMUNICATIONS CO., LTD., LUXEMBOURG BRANCH in Luxembourg, Luxembourg. It identifies the head office. The 8-character form is COMMLULX and the 11-character form is COMMLULXXXX.
Address: 7 RUE DE LA CHAPELLE, LUXEMBOURG 1325 LUXEMBOURG
General instructions for international payments to banks in LUXEMBOURG:
Information provided by the Beneficiary: The remitter should obtain all required bank information from the Beneficiary (e.g., SWIFT BIC, IBAN, and beneficiary bank address). For additional information, please refer to the Central Bank website at www.bcl.lu. Residents and non-residents are permitted to open and maintain domestic or foreign currency accounts either locally or abroad. Written justification must be submitted for incoming transactions exceeding EUR 625,000 and for outgoing transactio ... ns exceeding EUR 12,500. Strict formatting standards and SEPA guidelines exist in Europe regarding cross-border payments. IBAN and SWIFT BIC are required for all euro payments. SEPA standards apply for euro payments to beneficiaries with accounts in Luxembourg. Include full name (no initials), account number, and address of both the ordering customer and the beneficiary customer. Use of initials can delay receipt of funds. Beneficiary Bank details must include SWIFT BIC, full name, and address. Read more
IBAN: In Luxembourg, the IBAN consists of 20 characters. The structure is denoted as LU2!n3!n13!c. It starts with the country code 'LU', followed by a 2-digit checksum, a 3-digit bank code, and a 13-character account number. Example: LU12 3456 7891 2345 6789. SWIFT BIC for Luxembourg is 8 or 11 alphanumeric characters, such as xxxxLUxx or xxxxLUxxxxx.
Standard Settlement Instructions (SSI) contain the list of correspondent banks for each currency.
To track a SWIFT cross-border payment to or from BANK OF COMMUNICATIONS CO., LTD., LUXEMBOURG BRANCH, you need a UETR code, reference number, amount, payment date, and currency. This information is typically found in an MT103 form.
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We are doing our best to demystify cross-border payments, however Ohmyfin is not responsible for any delays or losses related to usage of the information and services from our web site. Please contact your banks to receive safe advice.