SWIFT / BIC Code

RAPSLUL1

Rakuten Europe Bank S.A.

RAPSLUL1 is the BIC (SWIFT code) of Rakuten Europe Bank S.A., based in Luxembourg. Its IBANs are 20 characters long. Rakuten Europe Bank S.A. no longer operates, so these details cannot be used for a new payment.

Closed. Rakuten Europe Bank S.A. no longer operates. The bank says it has ceased its e-money activities, that business relations with its customers have been terminated and that customers are no longer authorised to use their e-money accounts. Anyone who believes they still hold a redeemable balance is asked to contact the bank, which says it will process eligible redemption requests. No bank took the business on. The two sources do not conflict: the bank also says it is in the process of applying for the voluntary withdrawal of its banking licence and remains subject to its regulatory obligations until that completes, which is why the CSSF register still lists it, with no end date, as an authorised bank.
Announced by the bank's own notice, which is the whole of its website (2026-01-16) and the CSSF register, which still carries it as an authorised bank. How we check.

Check an IBAN from Rakuten Europe Bank S.A.

Paste an IBAN from Luxembourg to check its check digits and see which bank it belongs to.

LU

BIC Breakdown

RAPS
Bank code
LU
Country
L1
Location

RAPS: institution identifier (4 letters)

LU: country code per ISO 3166-1

L1: location code (city / timezone)

Bank Details

Legal nameRakuten Europe Bank S.A.EPC register of participants
BIC / SWIFT codeRAPSLUL1EPC register of participants
Address in the EPC registerRue du Fosse 2, LuxembourgEPC register of participants
Country🇱🇺 Luxembourg

IBAN format for 🇱🇺 Luxembourg

Luxembourg IBANs are 20 characters long.

View format →

Frequently Asked Questions

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

RAPSLUL1. Written with the head-office branch code it is RAPSLUL1XXX; both forms reach the same bank.

What does RAPSLUL1 mean?

"RAPS" identifies Rakuten Europe Bank S.A., "LU" is the country code for Luxembourg, "L1" is the location code.

How long are Rakuten Europe Bank S.A. IBANs?

20 characters, like every IBAN from Luxembourg: the country code LU, two check digits, the bank code (3 digits) and the account number (13 characters).

Can I still send a payment to Rakuten Europe Bank S.A.?

Rakuten Europe Bank S.A. no longer operates, so these details cannot be used for a new payment.

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