Question 1

What is the SWIFT code for Rakuten Europe Bank S.A.?

Accepted Answer

The SWIFT/BIC code for Rakuten Europe Bank S.A. is RAPSLUL1. This 8-character code identifies the bank in international wire transfers and is registered with SWIFT (Society for Worldwide Interbank Financial Telecommunication).

Question 2

How do I send an international wire transfer to Rakuten Europe Bank S.A.?

Accepted Answer

To send money internationally to Rakuten Europe Bank S.A., provide your bank with the SWIFT/BIC code RAPSLUL1 (Luxembourg, Luxembourg) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is Rakuten Europe Bank S.A. a SEPA member?

Accepted Answer

Yes, Rakuten Europe Bank S.A. is a SEPA (Single Euro Payments Area) member. Euro transfers within the SEPA zone can be processed as fast, low-cost SEPA Credit Transfers using the recipient's IBAN, with no SWIFT fees required for intra-SEPA payments.

Question 4

What does the BIC code RAPSLUL1 mean?

Accepted Answer

In the BIC code RAPSLUL1: "RAPS" is the institution code identifying Rakuten Europe Bank S.A., "LU" is the ISO 3166-1 country code for Luxembourg, and "L1" is the location code indicating the bank's city or timezone zone.

RAPSLUL1

Frequently Asked Questions