Caisse des Depots et Consignations SWIFT/BIC code

SWIFT/BIC code of Caisse des Depots et Consignations

CDCGFRPP and CDCGFRPPXXX are two ways of writing the same bank identifier, and both lead to Caisse des Depots et Consignations in Paris. Banks worldwide use BIC codes to direct payments between countries to the right bank. In practice you mostly see the code on invoices from abroad, in your banking app and in the bank details that Caisse des Depots et Consignations provides.

On this page you will find what the code means, when you need it and which other details you need for a transfer to or from Caisse des Depots et Consignations. The BIC identifies an institution, never a specific account.

About this information

The codes here are taken from publicly available data. Still, banks merge, rename themselves or retire codes. Counts and locations come from our own dataset.

For a payment that matters, confirm the BIC with Caisse des Depots et Consignations or with the recipient. GoldexPay is a comparison service for money transfers and not affiliated with Caisse des Depots et Consignations. If you notice something that is out of date, we welcome a message via the contact page.

SEPA payments and the Caisse des Depots et Consignations BIC

Since France is in SEPA, a euro transfer to Caisse des Depots et Consignations from within the SEPA area usually only needs an IBAN. Most banking apps no longer ask for the BIC for these payments.

A SWIFT code like CDCGFRPP does come into play for payments in other currencies. A few banks and apps still show a field for the BIC out of habit; if so, enter CDCGFRPP.

Instant euro transfers have become increasingly available within SEPA. Fees for SEPA transfers tend to be low as long as everything stays in euros.

Watch out for payment fraud

Scammers often use payment requests containing changed bank details sent from what looks like a familiar address. A correct SWIFT code says nothing about whether the request is genuine.

Before paying, confirm changed bank details through a phone call. Pressure and requests to keep it quiet are warning signs; a genuine business can wait for you to check. If a payment was sent to the wrong account, contact your bank immediately – speed improves the chance of getting it back.

Recipients are targeted too: a classic trick is a buyer who pays too much followed by a request to send back the difference. Wait until the money has really arrived.

How to check CDCGFRPP before you pay

Have the recipient send you the account details directly from their online banking. When the code you were given does not match CDCGFRPP or CDCGFRPPXXX, do not guess.

An incorrect BIC can cause a delay, a payment being sent back or extra fees. Do not forget the account number: an error there is harder to correct than a wrong BIC.

Most online banking apps validate the structure of IBANs, but that does not prove the account belongs to the right person. Some banks now compare the name against the account; take any warning seriously. When you pay someone new, some people send a small test amount and wait for confirmation.

Paying someone abroad from your Caisse des Depots et Consignations account

The price of an international transfer is made up of several parts. On top of a fixed fee, banks in between may take a cut, and when currencies are converted the bank often uses a rate below the actual market rate.

Most of the cost usually sits in the exchange rate, rather than in the fee: the bank converts at a 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.

Specialised transfer providers frequently use a rate near the mid-market rate. GoldexPay lists transfer providers next to each other so you can see what actually arrives for the same amount sent. Using a transfer service does not mean closing your account at Caisse des Depots et Consignations.

Which of the 5 codes of Caisse des Depots et Consignations do you need?

With 5 codes, Caisse des Depots et Consignations is one of the banks that register individual codes for branches and departments. The head office code remains CDCGFRPPXXX.

Unless the recipient tells you otherwise, go with CDCGFRPPXXX. Only use a branch code when the recipient explicitly asks for it, for example on an invoice or in their bank details.

When in doubt, check with the recipient which code their bank gave them. Branch codes can change over time.

Incoming international payments to Caisse des Depots et Consignations

A sender in another country needs a few details from you. Give them the account holder’s name, your account number or IBAN, the BIC CDCGFRPPXXX and your address, which some banks require.

Some banks also ask for the name and address of Caisse des Depots et Consignations in Paris, so keep it at hand. Double-check the details before you send them, because the sender’s bank usually copies them as is.

What lands in your account is often less than what was sent. Fees for incoming transfers vary per bank. On invoices, it is common to agree how the fees are split.

Tracking a transfer to or from Caisse des Depots et Consignations

How fast a payment reaches Caisse des Depots et Consignations depends on several factors: which currency you send, how many intermediary banks are involved, cut-off times and differences in time zone. Payments made after the cut-off time or just before a weekend or public holiday usually go out a business day later. Compliance checks on larger or unusual payments may also add a delay, regardless of the details.

A growing number of banks are connected to SWIFT gpi for faster and traceable payments. Every payment carries a unique transaction reference, the UETR. Money transfer services often provide a status online showing how far the money is.

If the money does not arrive after a few business days, the person who paid needs to start with the bank that sent it rather than Caisse des Depots et Consignations. On the receiving end, you can look at your statements to see a slightly lower amount.

CDCGFRPP or CDCGFRPPXXX – which one to use?

The layout of every SWIFT code never changes: a bank code of four letters, two for the country and two for the location, sometimes followed by a branch code. The result is CDCGFRPP, the short form of the code.

XXX at the end of CDCGFRPPXXX does not stand for a missing value or an error: it stands for the main office of Caisse des Depots et Consignations. Certain payment forms insist on 11 characters, and then you simply enter XXX behind CDCGFRPP.

Enter the code as one block, in capitals and without spaces, exactly as shown here. A wrong letter may route a payment to another bank, so check it twice.

Euro (EUR) and conversion costs

France uses the Euro, code EUR. A payment in a foreign currency is exchanged into EUR before it reaches the account, and whoever converts it chooses the rate. Each conversion costs something, even when no fee is shown.

Where the conversion happens has an effect on how much arrives, since every bank sets its own rate. Often you pay less to send EUR straight away through a transfer service that converts near the mid-market rate, so that the receiving bank does not need to convert again.

The EUR rate changes throughout the day and quotes are often valid only for a short time. For recurring payments, small differences in the rate add up over a year.