Eramet SWIFT/BIC code

ERAMFRP1 – the SWIFT/BIC code of Eramet

ERAMFRP1 and ERAMFRP1XXX are the short and the long form of the same SWIFT/BIC code, and both lead to Eramet in Paris. The code has a single purpose: it makes sure that an international payment ends up at the right bank. You will need it mostly for transfers between countries and payments in foreign currencies.

This page is meant to help people who pays into an account at Eramet and wants to get the details right. A SWIFT code names a bank or branch, never a single account.

How up to date is this code?

The directory on GoldexPay is based on public sources and is updated regularly. Banks merge, close branches and retire codes, and a directory never catches every change immediately. The number of codes we show reflect what is in our directory and not on information from Eramet itself.

See the information here as a handy check and rely on the recipient or Eramet for the final confirmation. We are a comparison service for money transfers and not part of Eramet. If you notice a mistake, we welcome a message via the contact page.

When will the money arrive at Eramet?

An international transfer typically needs anywhere from one to several business days – it depends on currency, route and the banks in between. Payments made late in the day or on weekends and holidays usually go out a business day later. Extra checks by one of the banks can also add some delay, regardless of the details.

Many banks use SWIFT gpi for faster and traceable payments. Each payment carries a unique transaction reference, the UETR that banks can use to trace it. Save your transfer receipt until the recipient confirms – you will need it for any trace request.

If a payment has not arrived after a few business days, the sender should contact the bank that sent it, not the receiving bank. As a recipient, you can look at your statements to see a partial amount because fees can reduce the amount.

ERAMFRP1 or ERAMFRP1XXX – which one to use?

Each SWIFT/BIC code has an 8-character core: a four-letter bank code, two letters for the country and two characters for the location. Together, those parts make up ERAMFRP1 – the version you usually see online.

XXX at the end of ERAMFRP1XXX does not stand for a placeholder or a mistake: it indicates the main office of Eramet. Certain payment forms insist on 11 characters, in which case you simply add XXX behind ERAMFRP1.

Type the code in one piece, in upper case and without separators, exactly as shown here. Watch for O versus 0 and the letter I and the digit 1.

The Euro and what conversion costs you

Accounts at Eramet are usually held in EUR, the local currency. When you pay money in a different currency it gets converted at some point – by your bank, by Eramet or by a bank in between. There is rarely a separate line for the conversion; it is built into the rate.

Who converts the payment matters: every bank has its own margin. Compare what EUR the recipient gets with different providers before choosing one.

Rates for EUR change during the day, and some providers let you lock in a rate. For recurring payments, small differences in the rate make a real difference over time.

Scams that use SWIFT codes

Scammers often send fake invoices containing new bank details. The fact that ERAMFRP1 exists does not mean that a request mentioning it is genuine; criminals use the codes of real banks too.

Never rely on a phone number in the same message that contains the new account. Urgency and secrecy are warning signs; a genuine business can wait for you to check. If a payment has already gone to a fraudster, call your bank right away.

People receiving money are targeted too: a classic trick is a buyer who pays too much followed by a request to send back the difference. A screenshot of a transfer is no proof; only your own account shows what has arrived.

Choosing between the 2 SWIFT codes of Eramet

Eramet has 2 separate SWIFT/BIC codes across 1 cities. One of them is the head office code, ERAMFRP1XXX; the rest belong to branches, and sometimes internal departments.

Usually you do not need to pick a branch: transfers addressed to ERAMFRP1XXX are routed within Eramet correctly. Branch codes are only needed if the recipient’s bank specifically mentions it, which is more common for business accounts and specialised services.

If you are not sure, check with the recipient which code their bank gave them. Codes can change when banks reorganise, so do not rely on old paperwork.

Getting paid from abroad into a Eramet account

Someone abroad who wants to pay you needs several details from you. What they need is: the account holder’s name, IBAN or account number, ERAMFRP1XXX or ERAMFRP1 and, for some countries, your home address.

Certain banks want the bank’s address. Double-check each detail before you send them, because the sender’s bank usually copies them as is.

Money from abroad does not always land in full. Charges on incoming payments vary from bank to bank; check the price list of Eramet. Agree with the sender who covers the fees before the money is sent.

SEPA payments and the Eramet BIC

France belongs to the Single Euro Payments Area (SEPA), where euro transfers follow common rules. For a regular euro transfer from another SEPA country, you normally only need the IBAN and the BIC is often filled in automatically.

For anything other than euros and from non-SEPA countries, ERAMFRP1XXX is still required. If your banking app has a field for the BIC anyway, entering ERAMFRP1 is fine.

SEPA transfers normally land within one business day, and instant transfers in seconds where both banks support them. Provided the payment stays in euros, the transfer is cheap; it is the conversion that costs money.

Paying someone abroad from your Eramet account

A bank transfer abroad costs more than the fee suggests. On top of a fixed fee, banks in between may take a cut, and when the money changes currency, the bank often applies a rate that is less favourable than the real market rate.

That exchange rate margin is often the largest cost. Check their rate against the mid-market rate. The difference is your real conversion cost.

Money transfer services frequently use rates closer to the mid-market rate. Before your next transfer, take a minute to compare what arrives via GoldexPay instead of going straight to your bank. You can still keep your account at Eramet.

Is ERAMFRP1 still correct? How to check

The most reliable place for the right code remains paperwork issued by the bank like a bank statement or the account page in online banking. If the code you have does not match ERAMFRP1 or ERAMFRP1XXX, stop and ask.

An incorrect BIC can cause a delay, a payment being sent back or additional charges along the way. Remember the IBAN: an error there is harder to correct than a wrong BIC.

A format check in your banking app merely confirms that the IBAN is valid. If your bank offers it, a name check on the recipient adds an extra layer of safety. Sending a small amount first is worth it for a large first payment despite the extra fee.