In today's globalized financial landscape, cross-border transactions have become a routine part of banking. However, seamless communication between banks relies on specialized code systems, with the SWIFT code (or BIC) being the most widely used. Proper understanding and accurate use of SWIFT codes ensure that funds reach their intended destination without delays. This article focuses on the SWIFT code and essential details for UBS EUROPE SE, Luxembourg Branch.
Key Details for UBS EUROPE SE, Luxembourg Branch
The SWIFT code for UBS EUROPE SE, Luxembourg Branch is UBSWLULLXXX . This code enables secure and efficient wire transfers to the bank. The full legal name of the institution is UBS EUROPE SE , located in Luxembourg (LUXEMBOURG) . The complete address is:
33A, Avenue J.F. Kennedy, Luxembourg, L-1855, Luxembourg .
Successful international transfers depend not only on the correct SWIFT code but also on providing complete and accurate recipient details.
How SWIFT Codes Work
SWIFT codes serve as unique identifiers for financial institutions within the global banking network, ensuring funds are routed accurately. These codes consist of 8 to 11 characters:
- The first 8 characters identify the bank and country.
- The last 3 characters (optional) specify a particular branch.
Before initiating a transfer, always verify the SWIFT code matches the recipient bank to minimize risks of errors or misdirected funds.
Best Practices for International Transfers
Whether for personal or business transactions, correctly using the SWIFT code UBSWLULLXXX safeguards your funds. Keep these critical considerations in mind:
- Confirm the SWIFT code accuracy : Always double-check the code before sending money to avoid delays or failed transactions.
- Verify recipient details : Ensure the beneficiary's name, account number, and address match the bank’s records.
- Understand transfer fees : Cross-border fees vary by institution; compare costs to select the most cost-effective option.
By familiarizing yourself with the SWIFT code system and adhering to these guidelines, you can facilitate smooth and secure international transactions with UBS EUROPE SE, Luxembourg Branch.