Agence Francaise de Developpement SWIFT/BIC code

What AGFDFRP1 means for a payment to Agence Francaise de Developpement

AGFDFRP1 and AGFDFRP1XXX are two spellings of the same SWIFT/BIC code, and both lead to Agence Francaise de Developpement in Paris. A BIC does one job: it makes sure that an international payment ends up at the right bank. It comes up mostly for payments that cross a border or a currency.

Below we go through the practical side: receiving money at Agence Francaise de Developpement, sending money abroad and how to check a SWIFT code before you hit send. The SWIFT code on its own does not identify an individual account holder; that is what the IBAN or account number .

Do you need AGFDFRP1 for a SEPA transfer?

Within the SEPA zone, euro payments to an account in France use the same rules, so the IBAN does the job in most cases. A field for the BIC is usually optional or missing in that case.

A SWIFT code like AGFDFRP1 still come into play when the currency is not euros. If a payment form has a field for the BIC regardless, entering AGFDFRP1 does no harm.

Instant euro transfers are widely supported across SEPA; check with Agence Francaise de Developpement whether it applies to your account. As long as no currency is converted, the transfer tends to be inexpensive; it is the conversion that costs money.

Paying into Agence Francaise de Developpement in EUR

France uses the Euro (EUR). Money sent in a different currency is exchanged into EUR before it reaches the account, and whoever converts it chooses the rate. You rarely see a separate charge for that conversion – the cost sits in the rate.

Who converts the payment makes a difference: every bank has its own margin. In many cases it is cheaper to send EUR straight away through a transfer service with a good rate.

Rates for EUR move all the time – some services let you fix a rate in advance. For recurring payments, small differences in the rate add up over a year.

When will the money arrive at Agence Francaise de Developpement?

There is no single answer: some arrive within a day, others take several business days. Weekends and public holidays in either country can add extra days. Sometimes a bank wants to know about the purpose of a payment, which can hold things up.

When a payment takes longer than expected, contact the sending bank for the status and the transaction reference; with that reference banks can see where the payment is. Keep the payment confirmation until the recipient confirms; it contains the details a bank needs to start a trace.

A delayed transfer has to be traced by the sending bank. Ask the sender for the payment receipt including the reference; that often settles the question quickly.

Incoming international payments to Agence Francaise de Developpement

Someone abroad who wants to pay you will ask for several details about your account. What they need is: the account holder’s name, IBAN or account number, AGFDFRP1XXX and, for some countries, your home address.

Their bank may also ask for the address of your bank. A mistake in the IBAN is more trouble than you might think; copy them from your banking app rather than typing.

What lands in your account is often lower than the amount sent. Intermediary banks may deduct a fee, and when currencies differ, a markup on the rate applies. Agree with the sender who covers the fees, especially for larger amounts.

Head office or branch code at Agence Francaise de Developpement?

With 2 codes in 1 cities, Agence Francaise de Developpement belongs to the banks that register separate codes for branches and departments. The main code is AGFDFRP1XXX.

If nobody asks you for a branch code, use AGFDFRP1XXX or its short form AGFDFRP1. Branch codes are only needed when the recipient’s bank specifically mentions it.

Unsure which code to use? Ask the recipient, or look at a recent statement from Agence Francaise de Developpement. Codes are sometimes changed or retired when banks reorganise.

About this information

The directory on GoldexPay is compiled from publicly available sources and is updated regularly. It is possible that information here is no longer current. The number of codes on this page reflect our own data.

Use our data as a starting point, rather than as the final word. GoldexPay has no connection to Agence Francaise de Developpement, we only compare transfer services. Should you notice a mistake, we appreciate a message.

Protect yourself against fake payment requests

Be alert when someone unexpectedly asks you to pay into a different account or a bank in another country. A real SWIFT code says nothing about whether the request is genuine – scammers simply use real codes.

Do not rely on a phone number in the same message that contains the new account. Urgency or requests to keep it quiet are red flags; a genuine business can wait for you to check. Acted too fast? Call your bank without delay and ask them to start a recall; also report it to the police.

Scams also target the receiver. Someone claims to have sent more than agreed and asks you to refund the difference via a different route. Wait until the money has really arrived.

Why Agence Francaise de Developpement has an 8- and an 11-character code

Each SWIFT/BIC code has the same eight core characters: a four-letter bank code, two letters for the country and two characters for the location. That gives you AGFDFRP1 for Agence Francaise de Developpement.

Many banks and apps accept both lengths. If a form requires eleven characters, enter AGFDFRP1XXX, otherwise AGFDFRP1 is fine.

As a rule the code is written in capitals, without spaces or dashes. A wrong letter can send the money to a different institution, so check it twice.

Sending money abroad from Agence Francaise de Developpement

A bank transfer abroad costs rather more than the listed fee. You pay the transfer fee, possibly fees charged by intermediary banks along the way and, above all, the margin on the exchange rate when the money is converted.

The real cost is often in the rate, rather than in the fee: many banks convert using an exchange rate with a margin built in. Check the rate you are offered against the mid-market rate – the rate you find on financial news sites; the gap is what conversion costs you.

For a lot of currency pairs, a specialist provider is less expensive than a traditional bank transfer. GoldexPay compares these services side by side so you can see what actually arrives for the same amount sent. You can always keep your account at Agence Francaise de Developpement as the source of the money; only the conversion and sending happen elsewhere.

Is AGFDFRP1 still correct? How to check

Ask the recipient to copy the bank details straight from their online banking. Check that code with AGFDFRP1 here.

Mistakes in the SWIFT code are annoying more than fatal. Remember the IBAN: a mistake there can be more difficult to correct than a wrong BIC.

Many banking apps check the structure of IBANs and sometimes look up the BIC automatically, but that does not prove the account belongs to the right person. More and more banks compare the payee name against the account before you confirm. For a first payment, many people start with a small amount first before sending the rest.