SWIFT/BIC code TAANFRP1XXX
TAANFRP1XXX belongs to Target Asset Managers in Paris, France.
Code details
| SWIFT/BIC code | TAANFRP1XXX |
|---|---|
| 8-character code | TAANFRP1 |
| Branch code | XXX |
| Bank | Target Asset Managers |
| Branch | Head office |
| City | Paris |
| Country | France |
How the Target Asset Managers SWIFT/BIC is structured
A SWIFT/BIC code has 8 or 11 characters. Each part has a fixed meaning:
- TAAN 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.
- XXX 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 institution is behind SWIFT/BIC code TAANFRP1XXX?
The code TAANFRP1XXX belongs to the main office of Target Asset Managers in Paris, France. It is the code to use when a payment to Target Asset Managers does not need a specific branch.
Do I need TAANFRP1XXX to send euros to France?
France is part of the SEPA area. When you send euros the IBAN normally suffices and many banks fill in the BIC automatically. If you send another currency you do need TAANFRP1XXX.
How long does it take to send money to Target Asset Managers?
SEPA payments in euros normally arrive the next business day. Payments in other currencies can take 2–4 business days.
Are TAANFRP1 and TAANFRP1XXX the same SWIFT code?
Yes, they are. TAANFRP1 is the short version of TAANFRP1XXX. The XXX at the end only means head office, so both will reach Target Asset Managers in Paris.
What is the best way to send money to Target Asset Managers?
Banks often add 1–3% to the exchange rate on top of a fee. Check what you receive in Euro with specialist providers before you send.
What do the letters in TAANFRP1XXX mean?
TAAN is the bank code of Target Asset Managers, FR stands for France, P1 is the code for the city or region and XXX means the head office.
Source: listbase-org SWIFT/BIC database (MIT licence), updated monthly. Always verify the code with the recipient or their bank.