Banque Hottinguer SWIFT/BIC code

HRFRFRP1 – the SWIFT/BIC code of Banque Hottinguer

HRFRFRP1 and HRFRFRP1XXX are two ways of writing the same bank identifier, and both lead to Banque Hottinguer in Paris. Every bank on the SWIFT network uses BIC codes to direct international transfers to the correct institution. In practice you usually come across the code on invoices from abroad, in your banking app and on the account details that Banque Hottinguer provides.

Below you will find the practical questions: money coming in from abroad, paying someone in another country and how to check the code before you hit send. Keep in mind that the SWIFT code only identifies the bank, not the account: the IBAN or account number takes care of that.

How up to date is this code?

The details here come from public sources that we update regularly. It can happen that information on this page is no longer current, for example after a merger. The number of codes we show are based on our own data and not on information from Banque Hottinguer itself.

For a payment of any size, confirm the BIC with the recipient’s bank or the recipient. GoldexPay has no connection to Banque Hottinguer, we only compare transfer services. Should you notice something that is out of date, we appreciate a short note via the contact page.

Is HRFRFRP1 still correct? How to check

The best place to find the correct BIC is paperwork issued by the bank. Check that code with HRFRFRP1 here and ask if anything does not match.

A wrong SWIFT code may lead to delays, a payment being sent back or additional charges. A mistake in the account number is a bigger problem, so check that just as carefully.

A format check by your bank merely confirms that the IBAN is valid – not that it belongs to the person you mean to pay. Where available, a payee name check before sending adds an extra layer of safety. For a first payment, many people start with a small amount first.

Protect yourself against fake payment requests

A common scam works like this: you receive a message saying that a company has new bank details and asking you to pay there from now on. A correct SWIFT code tells you nothing about who owns the account.

Before paying, verify a change of bank details through a phone call. Urgency and secrecy tend to be warning signs. If money was sent to the wrong account, call your bank right away.

Fraud also target the receiver. Someone claims to have sent too much and wants you to refund the difference. A screenshot of a transfer is no proof.

SEPA payments and the Banque Hottinguer BIC

France belongs to the SEPA area, the zone for uniform euro payments. When you send euros from another SEPA country, the IBAN is usually enough.

Outside the euro and for senders outside SEPA, HRFRFRP1XXX or HRFRFRP1 remains required. If your banking app has a field for the BIC anyway, entering HRFRFRP1 does no harm.

Instant euro transfers have become widely available within SEPA; check with Banque Hottinguer whether it applies to your account. Provided the payment stays in euros, the transfer is cheap; it is the conversion that costs money.

Banque Hottinguer: head office code versus branch codes

Having 2 codes, Banque Hottinguer belongs to the banks that use individual codes for parts of the organisation. The main code is HRFRFRP1XXX.

For the vast majority of incoming transfers, the head office code HRFRFRP1XXX works fine. When you receive a specific code, use it as it is rather than replacing it for the head office code.

The best way is to take the code directly from the recipient’s statement. Branch codes are more likely to be retired than the head office code when a bank merges or closes offices.

Paying someone abroad from your Banque Hottinguer account

What you pay for a payment abroad is made up of several parts – not just the fee on your screen. On top of a fixed fee, banks in between may take a cut, and when the money changes currency, the bank usually uses a rate that is less favourable than the actual market rate.

Many banks rarely list the margin on the rate as a cost, but you pay it all the same. A simple test: put the bank’s rate against the mid-market rate for the same moment and look at the difference.

Money transfer services often offer rates closer to the mid-market rate and lower fees. GoldexPay lists these services next to each other so you can see the amount the recipient gets before you commit. Using a transfer service does not mean leaving Banque Hottinguer.

Getting paid from abroad into a Banque Hottinguer account

If you expect a payment from another country, send the payer all details at once. Give them your name as the bank knows it, your account number or IBAN, the BIC HRFRFRP1XXX and your address.

It helps to include Banque Hottinguer and Paris too. Check the details before you send them, because the sender’s bank usually copies them as is.

An incoming payment will not always land in full. Charges on incoming payments differ from bank to bank. Make clear with the sender who pays which costs before the money is sent.

What the XXX in HRFRFRP1XXX means

A BIC is built from fixed blocks: characters one to four stand for the bank, the next two show the country and characters seven and eight indicate the location. That gives you HRFRFRP1, the short form of the code.

XXX at the end of HRFRFRP1XXX does not stand for a missing value or an error: it indicates the main office of Banque Hottinguer. Some forms insist on 11 characters, and then you can enter XXX after HRFRFRP1.

In practice the code is typed in capitals, without spaces or dashes. Copying the code beats typing it by hand: a typo can point to another bank.

Tracking a transfer to or from Banque Hottinguer

An international transfer typically takes one to a few business days, depending on the currency, the route and the banks involved. Weekends and public holidays in the sending or receiving country can add a day or more, since banks do not process on those days. Occasionally a bank wants to know about the purpose of a payment, which can hold things up.

If the money seems late, contact your bank for the tracking status and the transaction reference. Money transfer services often provide a status in their app showing how far the payment has got.

A missing payment is traced by the sending bank, using the payment confirmation. Ask the sender for the payment receipt; that often settles the question quickly.

Paying into Banque Hottinguer in EUR

The national currency in France is the Euro (EUR). If you send money in a different currency it gets converted at some point. Each conversion costs something, even when no fee is shown.

Which bank converts the payment makes a difference, because each party uses its own rate. In many cases you pay less to send EUR straight away via a transfer service with a good rate, so that the receiving bank does not need to convert again.

The rate for EUR fluctuates throughout the day. For regular payments, a slightly better rate add up over a year.