SWIFT/BIC code PAREFRPPINV
PAREFRPPINV belongs to Parel in Paris, France.
Code details
| SWIFT/BIC code | PAREFRPPINV |
|---|---|
| 8-character code | PAREFRPP |
| Branch code | INV |
| Bank | Parel |
| Branch | Parel Inventory Segregation |
| City | Paris |
| Country | France |
The way the Parel SWIFT/BIC works
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).
- PP Location code
- 2 characters for the city or region of the head office.
- INV 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 branch is behind BIC PAREFRPPINV?
The code PAREFRPPINV belongs to Parel Inventory Segregation, a branch or department of Parel in Paris, France. Use this branch code only when the recipient or their bank explicitly asks for it.
What happens if I use PAREFRPPINV incorrectly?
Your transfer can bounce, get stuck or cost extra. Always check PAREFRPPINV against the details from Parel before sending.
What does each part of PAREFRPPINV stand for?
PARE is the bank code of Parel, FR stands for France, PP is the location code and INV identifies the branch Parel Inventory Segregation.
What is the cheapest way to send money to Parel?
Banks often add 1–3% to the exchange rate on top of a fee. Compare what you receive in Euro with specialist providers before you send.
How long does a transfer to Parel take?
SEPA payments in euros usually arrive within one business day, instant payments within seconds. Payments in other currencies can take 2–4 business days.
Do I need PAREFRPPINV to send euros to France?
France is part of the SEPA area. When you send euros the IBAN is usually enough. For other currencies you still need PAREFRPPINV.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.