Luxembourg banks are introducing new transfer forms

The craftsmanship, the newspaper subscription, donates to clubs: Many such transfers are still carried out in paper form in Luxembourg. « Although almost all transfers on maps, direct debit authorizations or electronic transfers are initiated today, » says the ABLBL banking association, « but in Luxembourg around 1.2 million transfers are still handled by transfer forms every year. »

The forms on paper are used because of their simplicity – especially because a series of data is often pre -filled, according to the abs, or by people who do not feel comfortable with online banking.

In order to facilitate the processing of transfers in paper form, the banks and payment service providers that belong to the ABL have worked on the further development of paper, with the support of Victor Buck Services. A new version of the forms will be introduced from June 2.

From 2026 only the new forms apply

The information on the transfer sheet will be better structured in the future, which enables more efficient and safe processing. « From October 9, 2025, users will also be able to specify whether they want their transfer to be treated as immediate payment, » according to the Abpl.

The new forms will initially be used in parallel to the old, in circulation; However, the short version is no longer valid. From January 1, 2026, only the new transfer providers will be accepted. « Private customers will receive new forms from their banks or payment service providers, » explains the ABF. Corporate customers, authorities or organizations are asked to contact their bank for new forms of transfer or the data and instructions for the production of the new transfer orders from the ABBL website download.