SWIFT / BIC Code
SATYLUL1
Satispay Europe SA
SATYLUL1 is the BIC (SWIFT code) of Satispay Europe SA, based in Luxembourg. Its IBANs are 20 characters long. The bank receives SEPA Instant transfers and answers Verification of Payee name checks.
Check an IBAN from Satispay Europe SA
Paste an IBAN from Luxembourg to check its check digits and see which bank it belongs to.
BIC Breakdown
SATY: institution identifier (4 letters)
LU: country code per ISO 3166-1
L1: location code (city / timezone)
Bank Details
Payments it can receive
Satispay Europe SA's participation in the European payment schemes, from the EPC register of participants.
Verification of Payee lets the payer's bank compare the name typed on a euro transfer with the account holder's name. This page shows whether the bank takes part; ibanchecker.cash does not check names.
Sending money to an account at Satispay Europe SA?
Wise shows the exchange rate and its fee before you send.
Partner link. If you open a Wise account through it and send money between two currencies, Wise pays ibanchecker.cash a commission; what you pay does not change. How this works
IBAN format for 🇱🇺 Luxembourg
Luxembourg IBANs are 20 characters long.
Frequently Asked Questions
What is the SWIFT code for Satispay Europe SA?
SATYLUL1. Written with the head-office branch code it is SATYLUL1XXX; both forms reach the same bank. A euro transfer within SEPA needs only the IBAN.
What does SATYLUL1 mean?
"SATY" identifies Satispay Europe SA, "LU" is the country code for Luxembourg, "L1" is the location code.
How long are Satispay Europe SA 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 send an instant transfer to Satispay Europe SA?
Yes. The European Payments Council lists Satispay Europe SA in SEPA Instant Credit Transfer since 5 October 2026, so an instant euro transfer from a participating bank reaches its accounts in seconds.
Does Satispay Europe SA confirm the payee's name?
Yes. It answers Verification of Payee requests (since 5 October 2025), so the payer's bank can compare the name entered with the account holder's name before a euro transfer is sent.