Dexia Credit Local SWIFT/BIC code

Dexia Credit Local SWIFT code: CLFRFRCC

The 8-character code CLFRFRCC and the full code CLFRFRCCXXX refer to the same bank: Dexia Credit Local. A SWIFT code tells every bank in the chain exactly which bank should receive the money, a bit like a postal address for banks. It comes up mostly for transfers between countries.

On this page you can read what the code means, when it matters and what else you need for a transfer to or from Dexia Credit Local. Keep in mind that the SWIFT code only identifies the bank, not the account: the account number or IBAN takes care of that.

Incoming international payments to Dexia Credit Local

When you expect a payment from another country, send the payer a complete set of details. Share the account holder’s name, your account number or IBAN, the BIC CLFRFRCCXXX and your address, which some banks require.

The sender’s bank might request the bank address of Dexia Credit Local; the head office in Paris is usually fine. Double-check each detail before you send them – a sender rarely spots a mistake in someone else’s details.

What lands in your account is often less than the amount sent. Correspondent banks can take a fee, and when currencies differ, a markup on the rate comes on top. Make clear with the sender who covers the fees, especially for larger amounts.

The Euro and what conversion costs you

Accounts at Dexia Credit Local are usually held in EUR, the local currency of France. If you send money in a different currency it has to be converted at some point: by your bank, an intermediary or Dexia Credit Local itself. Every conversion eats into something.

Which bank converts the money matters: every bank has its own margin. Often it is cheaper to send EUR directly through a provider with a good rate.

Rates for EUR move during the day – some services let you fix a rate in advance. On larger amounts, even seemingly small difference in the rate adds up quickly.

Where our SWIFT data comes from

The directory on GoldexPay is based on publicly available sources and we update it periodically. Still, banks merge or retire codes, so information can be out of date. Counts and locations are from our directory and are not confirmed by Dexia Credit Local.

Treat our data as a reference, not as the last word: the recipient’s bank details come first. GoldexPay is not affiliated with Dexia Credit Local. Spotted outdated information? Let us know through the contact page so we can correct it.

8 or 11 characters: CLFRFRCC versus CLFRFRCCXXX

A SWIFT code is made up of a few fixed parts: the first four letters stand for the bank, characters five and six give the country and the two after that indicate the location. For Dexia Credit Local, the 8-character core is CLFRFRCC.

The full version adds three more characters that identify a branch or department. When those three characters are XXX, they simply mean the head office.

Enter the code in one piece, in capitals and without separators, exactly as shown here. Watch for the letter O and the digit 0 or I versus 1, a common source of typos.

SEPA payments and the Dexia Credit Local BIC

Within the SEPA zone, euro transfers to an account in France follow common rules, so the IBAN does the job in most cases. The BIC field is usually optional or missing in that case.

For anything other than euros and for senders outside SEPA, CLFRFRCCXXX or CLFRFRCC remains part of the payment details. A few forms also ask for the BIC out of habit; if so, enter CLFRFRCC or CLFRFRCCXXX.

SEPA transfers usually arrive by the next business day; instant payments are faster if both banks offer them. Fees for SEPA payments are generally low as long as everything stays in euros.

Before you send: check the Dexia Credit Local code

The most reliable source for a SWIFT code is the recipient’s own bank details. Check that code against CLFRFRCC here and ask if anything does not match.

Errors in the BIC are annoying rather than fatal – usually the money comes back, minus fees and time lost. A mistake in the IBAN or account number can be a bigger problem, because the money may be credited to someone else, so check that just as carefully.

A format check by your bank only confirms that the IBAN is valid. Some banks now compare the name against the account before you confirm. Sending a small amount first can be a sensible step for a large first payment despite the extra fee.

Head office or branch code at Dexia Credit Local?

With 2 codes in 1 cities, Dexia Credit Local is one of the banks that register separate codes for parts of the organisation. The main code remains CLFRFRCCXXX.

Usually there is no need to pick a branch: transfers addressed to CLFRFRCCXXX reach Dexia Credit Local without problems. If you have been given a branch code, stick to it rather than swapping it with the head office code.

The safest route is to take the code straight from the account holder’s invoice. Codes for branches are more prone to change than the head office code.

When will the money arrive at Dexia Credit Local?

How fast a transfer reaches Dexia Credit Local depends on several factors: the currency, how many intermediary banks are involved, cut-off times and time zones. Bank holidays in either country can add a day or more, since banks do not process on those days. Extra checks on larger or unusual payments can also cause a delay.

When a payment takes longer than expected, ask the sending bank about the status or the UETR. Money transfer services often show a status online showing how far the payment is.

The bank that sent the money can request a trace or a recall – the recipient’s bank often cannot see a payment that has not arrived. As a recipient, you can check your statements to see a slightly lower amount because fees can reduce the amount.

Changed bank details? Be careful

A common scam works like this: an email arrives with a request claiming that a contact has a new bank account. The fact that CLFRFRCC exists does not mean that the account is genuine.

Check changed bank details via a separate channel, such as a phone number you already know. Watch out for urgent requests, unusual wording or an email address that differs by one letter. Already paid? Call the bank you paid from without delay and have them try to recall the payment; also report it to the police.

Scams can also target the receiver. Someone claims to have sent too much and asks you to return the extra. Wait until the money is actually in your account.

Sending money abroad from Dexia Credit Local

An international bank payment costs rather more than the fee suggests. You pay the fee for the transfer itself, sometimes charges from correspondent banks in between and, above all, the margin on the exchange rate if the currency changes.

Most of the cost usually sits in the exchange rate, not in the fee: the bank converts using an exchange rate that includes a margin. An easy check: put the rate you get against the mid-market rate for the same moment and look at the difference.

Specialist money transfer services often use rates closer to the mid-market rate and lower fees. Next time you send money, it is worth comparing the total cost via GoldexPay rather than accepting the bank’s rate by default. Using a transfer service does not mean leaving Dexia Credit Local – you pay the provider from your own account.