POST LUXEMBOURG

POST Luxembourg, formerly known as Entreprise des Postes et Télécommunications (French pronunciation: [ɑ̃tʁəpʁiz de pɔst e telekɔmynikasjɔ̃], "Postal and Telecommunications Company"), is a mail and telecommunications company based in Luxembourg. The company is a government-owned corporation, which originated from Luxembourg's state-owned PTT agency founded in 1842, and was subsequently corporatised in 1992. It also sells financial services and holds a monopoly on issuing postage stamps in the Grand Duchy.[1]

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POST LUXEMBOURG SWIFT Code

Country

City

Bank or Institution

SWIFT Code

Luxembourg

LUXEMBOURG

CCPLLULL

Luxembourg

LUXEMBOURG

CCPLLULLXXX

Total: 2
1

About POST LUXEMBOURG

Company type
Government-owned corporation
Industry
Communications
Founded
20 August 1842 (original) 10 August 1992 (corporatisation)
Headquarters
8a, avenue Monterey, Luxembourg City , Luxembourg
Key people
Claude Strasser , Director-General
Revenue
€862.0m (2019) [ 1 ]
Website
post.lu

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What is a SWIFT code?

A SWIFT code is an 8 or 11 character code used in banking to facilitate transactions and identify the bank.

What is the purpose of a SWIFT code in international transactions?

SWIFT codes are used to route international financial transactions to the correct bank and branch. It facilitates the smooth and accurate transfer of funds between different banks and countries, ensuring that the transactions are processed correctly and securely.

How do I find my bank's SWIFT code?

You can find your bank's SWIFT/BIC code in the statements of your bank account. You can also use our SWIFT/BIC finder to get the right code for your transfer.

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Frequently Asked Questions

1. Why does POST LUXEMBOURG have different SWIFT Codes?

POST LUXEMBOURG operates differently across various countries, regions, and branches, with variations in business operations and clearing paths. To accurately identify and process POST LUXEMBOURG's cross-border payments and other transactions, different SWIFT Codes are used for distinction. Many large multinational banks have unique SWIFT Codes to their headquarters, regional branches, and overseas subsidiaries to ensure precise and secure fund transactions.

2. How do I know which SWIFT Code of POST LUXEMBOURG to use in a transfer?

It depends on the specific business scenario. For cross-border remittance to a branch of POST LUXEMBOURG, you can log on to the official website of POST LUXEMBOURG, or search the current page of XTransfer, or call POST LUXEMBOURG to inquire about the SWIFT Code of the branch. For international business, you should first coordinate with the relevant branch in the target country and confirm the correct SWIFT Code based on the exact information provided by your business partner.

3. Is there any pattern in the composition of different SWIFT Codes for a multinational bank like POST LUXEMBOURG?

Usually, SWIFT Code consists of 8 or 11 characters. For POST LUXEMBOURG, the first 4 digits represent the bank code, which is the same for POST LUXEMBOURG worldwide; the 5th and 6th digits are the country code; and the 7th and 8th digits are the region code, which will be different for branches in various regions. If the code includes 11 digits, the last 3 digits represent the branch code, which is used to distinguish different branches within the same region.

4. Will the SWIFT Code for POST LUXEMBOURG be updated or changed?

Yes. When POST LUXEMBOURG undergoes an organizational restructuring, such as a branch relocation, merger or split, or when there is a significant change in the financial system of the region where POST LUXEMBOURG is located, its SWIFT Code may be updated and changed. POST LUXEMBOURG will announce the changes in advance through its official website, mobile banking APP and other channels. Therefore, when handling cross-border business, customers should pay attention to the announcement of POST LUXEMBOURG in time to confirm the latest SWIFT Code information, so as to avoid affecting the business.

5. Do different SWIFT Codes of POST LUXEMBOURG support the same scope of business?

The scope of business is different. While the same bank can operate with different SWIFT Codes for the same basic types of business, there are differences for some specialized businesses or for businesses in specific regions. For example, the SWIFT Code of some branches may be specialized to support trade finance business, while the SWIFT Code of other branches is more convenient for cross-border e-commerce collection. In addition, for some emerging markets or country-specific business, only the SWIFT Code of a particular branch may have the authority to process it. When conducting international business, it is important to check whether the SWIFT Code of POST LUXEMBOURG supports the corresponding business.