Lazard Freres Banque SWIFT/BIC code

LAZPFRCC – the SWIFT/BIC code of Lazard Freres Banque

If an invoice shows LAZPFRCC or LAZPFRCCXXX, it is the identical address for Lazard Freres Banque in France. A SWIFT code tells every bank in the chain which institution is meant to get the money, much like a postcode for banks. In practice you mostly come across the code on international invoices, in your banking app and in the bank details of Lazard Freres Banque customers.

We wrote this page to help anyone who sends money to an account at Lazard Freres Banque without mistakes. A SWIFT code names an institution, never a specific account, which is why you always need the account number too.

When will the money arrive at Lazard Freres Banque?

How fast a transfer arrives at Lazard Freres Banque depends on a few things: the currency, the number of banks in between, daily processing deadlines and time zones. Transfers sent late in the day or just before weekends and holidays often start a business day later. Sometimes a bank wants to know about the purpose of a payment.

Many banks use SWIFT gpi, which lets them follow a payment from bank to bank. Each payment gets a unique transaction reference, the UETR, which your bank can use to see where the money is. Keep the payment confirmation; it contains the details a bank needs to start a trace.

If the money does not arrive after a few business days, the person who paid should start with the bank that sent it, not the receiving bank. On the receiving end, you can look at your statements for a slightly lower amount because fees can reduce the amount.

Sending money abroad from Lazard Freres Banque

If you transfer money abroad from Lazard Freres Banque, the visible fee is only part of the cost. There is the fee for the transfer itself, possibly charges from correspondent banks in between and, above all, the exchange rate markup if the currency changes.

The markup on the rate tends to be the biggest item even though it is not listed as a fee. Compare the rate you are offered against the mid-market rate – the rate you find on financial news sites.

For many currency pairs, a transfer service is less expensive than a traditional bank transfer. GoldexPay lists these services side by side so you can see the amount the recipient gets for the same amount sent. You can always keep your account at Lazard Freres Banque to fund the transfer; only the conversion and sending happen elsewhere.

Receiving money from abroad at Lazard Freres Banque

To receive an international payment into your account at Lazard Freres Banque, the sender needs not just the SWIFT code. What they need is: the account holder’s name, account number or IBAN, LAZPFRCCXXX and in many cases your home address.

It helps to include Lazard Freres Banque and its city too. A mistake in the IBAN can be more trouble than you might think.

The amount you receive is often lower than the amount sent. Correspondent banks can take a fee and your own bank may charge for processing, and if the money is converted, an exchange rate margin applies. On invoices, it is common to state who bears the costs to avoid a shortfall.

How to check LAZPFRCC before you pay

Ask the recipient to send you the bank details directly from their banking app. Compare it against LAZPFRCC here.

An incorrect BIC can cause delays, a payment being sent back or additional charges for investigation. Remember the IBAN: a mistake there can be harder to correct than a wrong BIC.

A validity check in your banking app only tells you that the code is valid, not that it is the right account. Some banks now compare the payee name with the account; take any warning seriously. A small test payment can be a sensible step for large sums despite the extra fee.

Where our SWIFT data comes from

The directory on GoldexPay is compiled from publicly available sources and we update it periodically. Still, banks merge, rename themselves or change codes, so information can be out of date. The figures on this page are based on our own data.

See our directory on this page as a handy check and rely on the recipient or Lazard Freres Banque for the final confirmation. GoldexPay is not affiliated with Lazard Freres Banque; we are a comparison site for money transfers. If you notice something that is out of date, we welcome a short note via the contact page.

Choosing between the 3 SWIFT codes of Lazard Freres Banque

With 3 codes in 1 cities, Lazard Freres Banque is one of the banks that use separate codes for branches. The main code is LAZPFRCCXXX.

For the vast majority of payments to a private or business account, the head office code LAZPFRCCXXX is what you need. Branch codes are only needed if the account holder explicitly asks for it, which is more common for business accounts and specialised services.

The best way is to take the code straight from the account holder’s invoice. Codes for branches are more likely to change than the head office code when a bank merges or closes offices.

Do you need LAZPFRCC for a SEPA transfer?

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

The BIC does come into play when the currency is not euros and when the money comes from outside SEPA. If your banking app has a field for the BIC anyway, adding LAZPFRCC does no harm.

Instant euro transfers are widely available within SEPA. Provided the payment stays in euros, a SEPA transfer tends to be cheap.

Changed bank details? Be careful

Stay wary if someone suddenly asks you to pay into another account abroad. The fact that LAZPFRCC exists is no guarantee that a request mentioning it is genuine.

Before paying, confirm a change of bank details by phone. Pressure and secrecy tend to be warning signs. Already paid? Contact the bank you paid from straight away and have them start a recall and report the fraud.

People receiving money can be targeted as well: one known trick is an overpayment followed by a request to send back the difference abroad. Do not act before the money is actually in your account – ask Lazard Freres Banque if something looks wrong.

What the XXX in LAZPFRCCXXX means

The layout of a BIC is always the same: a bank code of four letters, two for the country and two for the location, sometimes followed by a branch code. The result is LAZPFRCC, the short form of the code.

Most banks and apps work with either length. If a form requires eleven characters, use LAZPFRCCXXX.

Leave out spaces, dots when you type LAZPFRCC; the code is always written in one block. Watch for the letter O and the digit 0 or I versus 1.

Sending EUR to Lazard Freres Banque

France pays in the Euro. When you pay money in a different currency, the amount gets converted somewhere along the way: by your bank, an intermediary or Lazard Freres Banque itself. Every conversion eats into something, even when no fee is shown.

Where the conversion happens has an effect on how much arrives, as rates and margins differ per bank. Transferring the money already in EUR usually prevents an extra conversion at the receiving end – as long as your own rate is good.

Exchange rates change all the time. If you pay regularly, small differences in the rate add up over time.