In international money transfers, ensuring funds reach their destination accurately is paramount. One critical element in this process is selecting the correct SWIFT/BIC code. For UBS EUROPE SE, Luxembourg Branch, the SWIFT/BIC code is UBSWLULLTA1 . This article provides detailed information about this code and its usage to facilitate seamless international financial transactions.
What Is a SWIFT/BIC Code?
A SWIFT code, also known as a BIC (Bank Identifier Code), is a unique identification number assigned to financial institutions engaged in international transactions. These codes ensure accurate identification and routing of funds across the SWIFT network. Each participating bank has its own distinct SWIFT code, which is essential for clear communication during cross-border transfers.
Key Details for UBSWLULLTA1
- Bank Name: UBS EUROPE SE, Luxembourg Branch
- SWIFT/BIC Code: UBSWLULLTA1
- Address: 33A, Avenue J.F. Kennedy, Luxembourg, L-1855, Luxembourg
- City: Luxembourg
- Country: Luxembourg
How to Use the UBSWLULLTA1 Code
When initiating an international transfer, accuracy is crucial. Ensure the following details are correctly entered in the transaction form:
- Recipient Bank Name: UBS EUROPE SE, Luxembourg Branch
- Recipient Bank SWIFT/BIC Code: UBSWLULLTA1
- Recipient Bank Address: 33A, Avenue J.F. Kennedy, Luxembourg, L-1855, Luxembourg
Double-check all information before submitting the transfer. It is advisable to confirm the SWIFT code with the recipient beforehand to prevent delays or errors.
Why SWIFT Codes Matter
Using the correct SWIFT code guarantees that funds are routed to the intended account efficiently. For businesses and individuals engaged in international transactions, familiarity with these codes minimizes risks and enhances operational efficiency. Errors in SWIFT codes can lead to processing delays or even failed transfers, underscoring the importance of precision.
In summary, the UBSWLULLTA1 code is indispensable for conducting international transactions with UBS EUROPE SE, Luxembourg Branch. Verifying all details before initiating a transfer ensures smooth and secure movement of funds across borders.