Bpifrance Financement SWIFT/BIC code

What CPMEFRPP means for a payment to Bpifrance Financement

The short code CPMEFRPP and the 11-character code CPMEFRPPXXX identify the same bank: Bpifrance Financement, with its head office in Maisons Alfort. A SWIFT code shows the sending bank exactly which bank is meant to get the money, a bit like a postal address for banks. In daily life you usually come across the code on invoices from abroad, in your banking app and in the bank details that Bpifrance Financement provides.

Below we go through the practical questions: money coming in from abroad, sending money abroad and how to verify the code before you hit send. The SWIFT code on its own does not identify a personal account; that is what the IBAN or account number is for.

Verifying the SWIFT code of Bpifrance Financement

The most reliable source for a SWIFT code is the bank details provided by the recipient. Check it against CPMEFRPP on this page and ask if anything does not match.

With a wrong code, the transfer may get stuck, be returned or end up costing more, and tracing it can take weeks. A mistake in the IBAN or account number is a bigger problem.

Most online banking apps check the format of IBANs. More and more banks compare the payee name against the account before you confirm – do not ignore a mismatch warning. When you pay someone new, some people start with a small amount first and wait for confirmation.

Why Bpifrance Financement has an 8- and an 11-character code

Each SWIFT/BIC code starts with an 8-character core: four letters for the bank, two letters for the country and two characters for the location. For Bpifrance Financement, the 8-character core is CPMEFRPP.

Many banks and apps work with both lengths. If a form asks for eleven characters, use CPMEFRPPXXX, otherwise CPMEFRPP is fine.

In practice the code is typed in capitals. Watch for the letter O and the digit 0 or the letter I and the digit 1; they are easy to mix up.

Which of the 2 codes of Bpifrance Financement do you need?

Our database contains 2 SWIFT/BIC codes for Bpifrance Financement, spread over 1 cities. Besides the head office code CPMEFRPPXXX, you will find codes for branches, departments or specific services.

If nobody asks you for a branch code, go with CPMEFRPPXXX or its short form CPMEFRPP. Just use a branch code when the recipient explicitly asks for it.

The safest route is to copy the code straight from the account holder’s bank details. Branch codes are more prone to be retired than CPMEFRPPXXX when a bank merges or closes offices.

What to give a sender who pays you at Bpifrance Financement

When you are waiting for money from abroad, give the sender a complete set of details. Give them your name as the bank knows it, the IBAN or account number, the BIC CPMEFRPPXXX and your address, which some banks require.

Certain banks also ask for the name and address of Bpifrance Financement in Maisons Alfort, so keep it at hand. Check every detail before you send them.

Do not be surprised if the amount credited is smaller than the amount on the sender’s receipt. Charges on incoming payments vary per bank; check the price list of Bpifrance Financement. Make clear with the sender who pays which costs before the money is sent.

Sending EUR to Bpifrance Financement

Most accounts at Bpifrance Financement are typically held in EUR, the national currency. Money sent in a different currency is converted into EUR, and whoever converts it chooses the rate. Each conversion costs the amount, even when no fee is shown.

Who converts the payment matters. Often it is cheaper to send EUR directly through a transfer service that converts near the mid-market rate, so that the receiving bank does not need to convert again.

Exchange rates move all the time – some services let you fix a rate in advance. On larger amounts, a small difference in the rate adds up quickly.

Changed bank details? Be careful

Stay alert if someone suddenly asks you to send money to a different account abroad. That CPMEFRPP is a real code is no guarantee that a request mentioning it is genuine.

Always confirm a change of bank details by phone. Urgency or secrecy tend to be warning signs. Already paid? Call the bank you paid from straight away and ask them to start a recall; also report it to the police.

Fraud also target the receiver. Someone sends too much and asks you to refund the extra. Wait until the money is actually in your account.

Sending money abroad from Bpifrance Financement

A bank transfer abroad costs rather more than the listed fee. On top of the transfer fee, correspondent or intermediary banks may deduct a fee, and if the money changes currency the bank often applies a rate below the real market rate.

The markup on the rate is often the largest cost because it is hidden in the rate. Compare the rate you are offered against the mid-market rate; the gap is what conversion costs you.

For a lot of currency pairs, a transfer service turns out to be cheaper than a traditional bank transfer. GoldexPay lists these services side by side so you can see what actually arrives before you commit. You can always use your account at Bpifrance Financement to fund the transfer.

SEPA payments and the Bpifrance Financement BIC

Since France is in the SEPA zone, a euro transfer to Bpifrance Financement from another SEPA country usually only needs the IBAN. Many banks no longer ask for the BIC for these payments or fill it in for you.

A SWIFT code like CPMEFRPP still matter when the currency is not euros and when the money comes from outside SEPA. A few banks and apps still ask for the BIC; if so, enter CPMEFRPP or CPMEFRPPXXX.

Instant euro transfers are increasingly supported across SEPA; check with Bpifrance Financement whether it applies to your account. Provided no currency is converted, a SEPA transfer is inexpensive; costs rise once a conversion is involved.

How long does an international transfer to Bpifrance Financement take?

How fast a transfer reaches Bpifrance Financement is determined by a few things: the currency, how many intermediary banks are involved, cut-off times and time zones. Transfers sent after the cut-off time or just before a weekend or public holiday often go out the next business day. Extra checks by one of the banks may also add a delay, regardless of the details.

If the money is late, ask the sending bank for the tracking status and the transaction reference so they can trace it along the chain. Specialist transfer services usually show tracking online showing how far the payment is.

The bank that sent the money can request a trace or a recall; the receiving side usually has nothing to trace yet. Request from the sender the payment receipt; that often settles the question quickly.

How up to date is this code?

The codes here are taken from publicly available data that we update regularly. Even so, banks merge or retire codes. The figures we show reflect our own data, not official figures from Bpifrance Financement.

For any payment that matters, check the BIC with the recipient’s bank or with the recipient. GoldexPay is not affiliated with Bpifrance Financement. Found an error? Tell us through the contact page.