SWIFT / BIC
SWIFT/BIC code of Olky Payment Service Provider
OLKILUL1 · Luxembourg
- BIC, 8 characters
- OLKILUL1
- BIC, 11 characters
- OLKILUL1XXX
- Country
- Luxembourg
- Address
- 1 Rue de Turi Livange 3378 Livange Luxembourg
Source: ISO 9362 BIC registry, head-office codes only, no branch codes. Check the code with the bank before sending a large transfer.
How OLKILUL1 is built
| Positions | Length | Meaning |
|---|---|---|
| 1–4 | 4 | OLKI Bank code |
| 5–6 | 2 | LU Country |
| 7–8 | 2 | L1 Location |
| 9–11 | 3 | XXX Branch · XXX or omitted = head office |
Other SWIFT codes in Luxembourg
How to use OLKILUL1 for a transfer
Give the sender two things: the BIC OLKILUL1 (or OLKILUL1XXX if the form asks for 11 characters) and your account number at Olky Payment Service Provider. In Luxembourg the account number is the IBAN, 20 characters starting with LU. Check both on your bank statement before sending a large amount: a wrong code delays the transfer or sends it back with fees.
The BIC (Business Identifier Code), commonly called SWIFT code, identifies a bank or institution in international payments. It has 8 or 11 characters: 4 letters for the institution, 2 for the country, 2 for the location, and an optional 3 for the branch. XXX, or no branch code at all, means the head office.
Questions
What is the SWIFT code of Olky Payment Service Provider?
The SWIFT/BIC code of Olky Payment Service Provider is OLKILUL1. In the 11-character form it is OLKILUL1XXX, where XXX stands for the head office.
Is OLKILUL1 a SWIFT code or a BIC?
Both: BIC is the ISO 9362 name of the code, SWIFT the network that assigns it. OLKILUL1 is the same code under either name.
Do I also need the IBAN to receive money at Olky Payment Service Provider?
Luxembourg uses the IBAN: the account number to give with the BIC is the IBAN, 20 characters long and starting with LU. See the IBAN format of Luxembourg.
Can I receive international transfers with iSwiss Pay?
Yes. The iSwiss Pay euro, US dollar and pound accounts each come with their own coordinates, including the BIC where applicable, and receive SWIFT and local transfers.
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Accounts in euros, US dollars and pounds, each with its own coordinates, held in full reserve.
Accounts are opened after identity verification and are subject to our compliance policy.