When sending a transaction, we’ll ask you information about your contact and their bank account. Make sure to enter all information carefully to avoid delays. Here’s what you’ll need to know:
- Bank name
- The correct IBAN and BIC/SWIFT codes
- The entire name of your contact as it appears on their bank account
- A valid phone number from your contact (city code + domestic number)
- We may ask for your contact's mailing address if required by our payment partner
Bank transfers to most major banks are deposited in 2-3 business days. However, each bank operates differently and may have additional rules and regulations regarding deposits that could add additional transfer time. Please ask your contact to check with their bank for more details.
What are the characteristics of an IBAN & BIC number in France?
IBAN stands for International Bank Account Number and is used by banks in European countries for international funds transfers. The IBAN is a unique code that identifies a beneficiary’s bank account.
The French IBAN code consists of a country code followed by twenty-five alphanumeric characters. It starts with the letters FR, followed by 2 control digits, 5-digit bank code, a 5-digit branch number, 11-digit account number and 2-digit rib key. Here is an example:
FR14 2004 1010 0505 0001 3M02 606
FR: Country Code
14: Check digits
20041: Bank Code
01005: Branch Code
0500013M026: Account Number
06: Rib Key
A BIC is a unique identifier code for a particular bank. The BIC consists of either eight or eleven characters, including 4 letters identifying the bank, a 2 letter country code, 2 alphanumeric characters identifying location of the bank, and sometimes 3 alphanumeric characters identifying a specific branch of the bank.Here is an example:
BNPAFRPP
BNPA: Bank Code
FR: Country Code
PP: City Code