SWIFT/BIC code PAREFRP1NEW
PAREFRP1NEW belongs to Parel in Puteaux, France.
Code details
| SWIFT/BIC code | PAREFRP1NEW |
|---|---|
| 8-character code | PAREFRP1 |
| Branch code | NEW |
| Bank | Parel |
| Branch | Parel Newedge |
| City | Puteaux |
| Country | France |
The way the Parel SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- PARE Bank code
- 4 letters that identify the bank.
- FR Country code
- 2 letters for the country (ISO 3166).
- P1 Location code
- 2 characters for the city or region of the head office.
- NEW Branch code
- 3 characters for a specific branch. XXX means the head office.
Check before you send
- Ask the recipient which bank and branch the account is held at.
- Use the head office code (XXX) when no branch is specified.
- Make sure the country in the code matches the country of the account.
Frequently asked questions
Which bank uses SWIFT code PAREFRP1NEW?
The code PAREFRP1NEW belongs to Parel Newedge, a branch or department of Parel in Puteaux, France. Only use it if the recipient or their bank explicitly asks for it.
What is the best way to send money to Parel?
Banks often add several percent to the exchange rate on top of a fee. Compare the amount that arrives in Euro with specialist providers before you send – the difference can be large.
Has Parel got other SWIFT/BIC codes?
Yes, our database contains 15 SWIFT/BIC codes for Parel in France. You can see them all on the bank page.
What does each part of PAREFRP1NEW mean?
PARE is the bank code of Parel, FR is the ISO code of France, P1 is the code for the city or region and NEW is the code of the department Parel Newedge.
What happens if I enter PAREFRP1NEW with a typo?
Your transfer can bounce, get stuck or cost extra. Double-check PAREFRP1NEW with the recipient before you confirm.
Can I use PAREFRP1 instead of PAREFRP1NEW?
PAREFRP1 is the main office of Parel, while PAREFRP1NEW is Parel Newedge. For a normal transfer the head office code is usually fine, but follow the instructions of the recipient if they mention PAREFRP1NEW.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.