Enable Banking Docs

Open Banking Specifics in Luxembourg

# General Specifics

Many banks leverage the LUXHUB platform, a joint initiative by major Luxembourg financial institutions (BCEE, BGL BNP Paribas, Banque Raiffeisen, and POST Luxembourg) that provides mostly standardised PSD2 compliance and API services.

# Authentication flows and SCA

Luxembourg banks predominantly use redirect-based flows for Open Banking authentication under PSD2 regulations. Strong Customer Authentication (SCA) is typically performed through mobile banking applications with biometric authentication (fingerprint, face recognition) or through dedicated security devices for corporate customers. The authentication methods vary by bank and customer type (retail vs. corporate).

# Major Banks (ASPSPs)

The most widely used Luxembourg ASPSPs, in order of market significance, are:

A complete list of Luxembourg ASPSPs is available here (opens new window).

# Payment Specifics

All Luxembourg banks support SEPA Credit Transfers (SCT) in EUR (Euro) through their Open Banking APIs, as Luxembourg is a founding member of the Single Euro Payments Area.

SEPA Instant Credit Transfers (SCT Inst) are supported by major Luxembourg banks, enabling real-time transfers of up to €100,000 that are processed within seconds and available 24/7/365. The instant payment infrastructure provides near real-time settlement between participating banks. Luxembourg banks are complying with the EU's Instant Payments Regulation (IPR), which mandates equal pricing for instant and regular SEPA transfers and includes verification of payee services.

# Specifics per ASPSP

# Banque de Luxembourg

Banque de Luxembourg uses the LUXHUB platform for its Open Banking services and implements redirect-based authentication flow. SCA is handled through the bank's mobile banking app.

# Banque et Caisse d'Épargne de l'État

Banque et Caisse d'Épargne de l'État (BCEE), also known as Spuerkeess, is Luxembourg's state savings bank. The bank leverages the LUXHUB platform for PSD2 compliance and provides redirect-based authentication flow with SCA through its mobile banking application and secure authentication devices.

# Banque Raiffeisen

Banque Raiffeisen uses the LUXHUB platform for its Open Banking services and provides redirect-based authentication flows. The bank provides SCA through its mobile banking app.

# BGL BNP Paribas

BGL BNP Paribas, part of the BNP Paribas Group, implements redirect-based authentication flows. SCA is performed through the bank's mobile application.

Integration towards BGL BNP Paribas is not yet supported by Enable Banking. If you are interested in integrating with this bank's Open Banking interface, please contact our tech support.

# Deutsche Bank

Deutsche Bank Luxembourg implements redirect-based authentication flows and follows Deutsche Bank Group's authentication standards. SCA is performed through the bank's mobile banking application and secure authentication devices.

# ING

ING Luxembourg provides redirect-based authentication flows with SCA performed through the ING Banking mobile app. The bank supports app-to-app redirection when the mobile app is installed on the user's device, providing a seamless authentication experience.

# Société Générale

Société Générale Luxembourg provides both redirect and decoupled authentication flows and offers different interfaces for private and corporate customers.

← Malta →