Bred Banque Populaire SWIFT/BIC code

What BREDFRPP means for a payment to Bred Banque Populaire

BREDFRPP and BREDFRPPXXX are two spellings of the same bank identifier, and both lead to Bred Banque Populaire in Paris. Every bank on the SWIFT network uses these codes to direct international transfers to the correct bank. You will need it mainly for transfers between countries or a currency.

On this page you will find what the code means, when it matters and what else a transfer to or from Bred Banque Populaire requires. Keep in mind that the BIC just identifies the bank, not the account: the IBAN or account number does that part.

Do you need BREDFRPP for a SEPA transfer?

France belongs to the Single Euro Payments Area (SEPA). For a regular euro transfer from another SEPA country, the IBAN is usually enough and the BIC is often filled in automatically.

You will still need BREDFRPPXXX for payments in other currencies or transfers from countries outside SEPA. A few forms still show a field for the BIC out of habit; in that case, fill in BREDFRPP or BREDFRPPXXX.

Instant euro transfers are increasingly supported across SEPA. Charges on SEPA payments tend to be low as long as everything stays in euros.

Watch out for payment fraud

Stay alert if a contact unexpectedly asks you to pay into another account abroad. The fact that BREDFRPP exists does not mean that the account is genuine – fraudsters use real bank codes as well.

Check changed payment details via a different channel. Watch out for time pressure, odd spelling or a sender address that is slightly off. Acted too fast? Contact the bank you paid from straight away and have them try to recall the payment.

Fraud can also work the other way. Someone claims to have sent too much and asks you to refund the extra via a different route. Wait until the money is actually in your account and check with Bred Banque Populaire if anything seems off.

Euro (EUR) and conversion costs

Most accounts at Bred Banque Populaire are usually held in EUR, the national currency. A payment in a foreign currency will be converted into EUR before it reaches the account. Each conversion costs something.

Where the conversion happens has an effect on the final amount, as rates and margins differ per bank. Check how much EUR the recipient gets with several services before choosing one.

The rate for EUR changes constantly and quotes are often valid only for a short time. For recurring payments, a slightly better rate make a real difference over time.

Tracking a transfer to or from Bred Banque Populaire

How quickly a transfer reaches Bred Banque Populaire depends on a few things: which currency you send, how many intermediary banks are involved, cut-off times and time zones. Bank holidays in either country add extra days to the journey. Compliance checks on larger or unusual payments may also add a delay, regardless of the details.

If the money seems delayed, ask the sending bank for the status or the UETR so they can trace it along the chain. Specialist transfer services usually show a status in their app so you can see how far the payment is.

The bank that sent the money is able to start an official trace or a recall. On the receiving end, you can look at your statements to see a slightly lower amount, since fees may have been deducted.

Which of the 9 codes of Bred Banque Populaire do you need?

Bred Banque Populaire has 9 different SWIFT/BIC codes across 1 cities. Only one is the head office code; the others belong to branches.

If nobody asks you for a branch code, go with BREDFRPPXXX. Just use a branch code when the recipient explicitly asks for it, for example on an invoice or in their bank details.

Not sure which code applies? Ask the recipient, or look at a recent statement from Bred Banque Populaire. Branch codes can change over time, so a code from an old document is not always valid.

A note on our data

We gather SWIFT/BIC codes from public sources and check our list regularly. It can happen that a code here is out of date after a merger or reorganisation. The figures we show are based on our own data.

Before a payment of any size, check the code with Bred Banque Populaire or the recipient. GoldexPay is an independent comparison site for money transfers and not affiliated with Bred Banque Populaire. Should you notice a mistake, we welcome a short note.

What to give a sender who pays you at Bred Banque Populaire

For an international payment into your account at Bred Banque Populaire, the sender has to have more than the SWIFT code. That means: your name as registered with Bred Banque Populaire, your account number or IBAN, the BIC BREDFRPPXXX (or BREDFRPP) and usually your postal address.

Their bank might request the address of your bank, in which case the Paris head office is the usual answer. Check every detail before you share them – a sender rarely spots a mistake in someone else’s details.

Do not be surprised if the amount credited is smaller than what the sender paid. Correspondent banks can take a fee, Bred Banque Populaire may charge for incoming payments, and when currencies differ, a markup on the rate applies. Make clear with the sender who pays which costs before the money is sent.

Before you send: check the Bred Banque Populaire code

The safest source for the BIC is the recipient’s own bank details: an invoice, a bank statement or their online banking. Check that code against BREDFRPP on this page; if they differ, ask before you pay.

Mistakes in the SWIFT code tend to be costly rather than fatal: often the payment comes back, minus fees. An error in the account number can be more serious because it can reach the wrong person; check it just as carefully.

A format check in your banking app only confirms that the code is valid – not that it belongs to the person you mean to pay. More and more banks check the payee name against the account. For a first payment, some people send a small amount first.

International transfers from Bred Banque Populaire: the real cost

What you pay for a payment abroad is made up of more than one component. On top of a fixed fee, correspondent or intermediary banks can take a cut, and if the money changes currency, the bank often applies a rate that is less favourable than the real market rate.

Most of the cost usually sits in the exchange rate, rather than in the fee: the bank converts using an exchange rate with a margin built in. Compare the rate you are offered against the mid-market rate – the rate you find on financial news sites. The difference is your real conversion cost.

For many currency pairs, a transfer service turns out to be cheaper than a traditional bank transfer – mostly thanks to the rate. GoldexPay compares these services side by side so you can see what actually arrives before you commit. Using a transfer service does not require closing your account at Bred Banque Populaire – you pay the provider from your own account.

Why Bred Banque Populaire has an 8- and an 11-character code

The structure of every SWIFT code is always the same: four characters for the institution, a two-letter country code and a two-character location code. For Bred Banque Populaire, the 8-character core is BREDFRPP.

Most banks and apps accept both lengths. If a form asks for eleven characters, use BREDFRPPXXX.

Enter the code in one piece, in capitals and without spaces, exactly as shown here. A single character can send a payment to another bank, so check it twice.