Montupet S.A. SWIFT/BIC code

SWIFT/BIC code of Montupet S.A.

MOTPFR21 and MOTPFR21XXX are the short and the long form of the same bank identifier, and both point to Montupet S.A. in Clichy. A SWIFT code tells the sending bank which institution should receive the money, much like a postcode for banks. In practice you usually come across it on international invoices, in your banking app and in the bank details that Montupet S.A. provides.

On this page you can read what the code is put together, when it matters and which other details a transfer to or from Montupet S.A. requires. Keep in mind that the BIC only identifies the bank, not the account: the account number or IBAN does that part.

What a transfer from Montupet S.A. abroad really costs

When you transfer money abroad through Montupet S.A., the fee you see is rarely all of what you pay. Besides a fixed fee, correspondent or intermediary banks may deduct a fee, and if currencies are converted, the bank often applies a rate that is less favourable than the actual market rate.

The markup on the rate tends to be the biggest item, and it is easy to miss. Compare the rate you are offered with the mid-market rate – the rate you find on financial news sites; the gap is what conversion costs you.

For a lot of currency pairs, a transfer service is less expensive than a bank, mainly because of the exchange rate. On GoldexPay we compare the amount that arrives across providers, which makes the cheapest option easy to spot. Choosing a specialist does not mean leaving Montupet S.A..

How long does an international transfer to Montupet S.A. take?

An international transfer usually takes one to a few business days. Transfers sent late in the day or just before weekends and holidays often start a business day later. Extra checks on larger or unusual payments may also cause some delay.

When a payment takes longer than expected, ask the sending bank for the status and the transaction reference; with that reference banks can see where the payment is. Specialist transfer services often show a status in their app showing where the money has got.

A delayed transfer has to be investigated from the sending side on the basis of the transfer details. On the receiving end, you can check your account to see a partial amount because fees can reduce the amount.

A note on our data

The details here are taken from publicly available data. Banks reorganise, change names and retire codes, and a directory never catches every change immediately. The number of codes on this page are based on what is in our directory and not on information from Montupet S.A. itself.

Use this page as a reference, not as the last word. GoldexPay is independent of Montupet S.A.. Found outdated information? Tell us through the contact page so we can correct it.

Montupet S.A.: head office code versus branch codes

Montupet S.A. uses 2 different SWIFT/BIC codes across 1 locations. One of them is the head office code, MOTPFR21XXX; the rest identify branches.

In most cases you do not need to look up a branch: transfers sent to MOTPFR21XXX are routed within Montupet S.A. without problems. Only use a branch code when your contact explicitly asks for it.

Unsure which code to use? Check with the recipient or the bank itself. Codes are sometimes changed or retired when banks reorganise.

8 or 11 characters: MOTPFR21 versus MOTPFR21XXX

A BIC is made up of a few fixed parts: the first four letters stand for the bank, the next two show the country and characters seven and eight mark the location. For Montupet S.A., that core is MOTPFR21.

The 11-character version has a three-character extension that identify a branch or department. If the last three are XXX, they simply mean the head office, so MOTPFR21XXX and MOTPFR21 are interchangeable.

In practice the code is written in capitals. Look out for the letter O and the digit 0 and the letter I and the digit 1, a common source of typos.

Euro (EUR) and conversion costs

The currency of France is the Euro (EUR). If you send another currency gets converted at some point – by your bank, by Montupet S.A. or by a bank in between. There is rarely a separate charge for the conversion.

Who converts the money matters. Check what EUR arrives via different providers.

Exchange rates change during the day – some services let you fix a rate in advance. On larger amounts, even small difference in the rate can be worth more than the fee.

Watch out for payment fraud

Scammers regularly use payment requests containing new bank details, sometimes in an email that looks completely genuine. A real SWIFT code tells you nothing about whether the request is genuine – scammers simply use real codes.

Before paying, verify a change of bank details by phone. Watch out for time pressure, unusual wording or a sender address that is slightly off. When money was sent to a fraudster, contact your bank immediately: the sooner they act, the better the chance of a recall.

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 has really arrived – ask Montupet S.A. if something looks wrong.

Incoming international payments to Montupet S.A.

For a transfer from abroad into your account at Montupet S.A., the sender needs not just the BIC. In practice that means: your full name as registered with Montupet S.A., your IBAN or account number, the SWIFT/BIC code MOTPFR21XXX (or MOTPFR21) and, often, your address.

The sender’s bank might request the bank address of Montupet S.A.. A typo in the IBAN can be more trouble than you might think.

The amount you receive is often lower than the amount sent. Fees for incoming transfers differ per bank; check the price list of Montupet S.A.. Agree with the sender who covers the fees, especially for larger amounts.

Paying Montupet S.A. in euros within SEPA

Within the SEPA zone, euro transfers to Montupet S.A. use common rules, so the IBAN does the job in most cases. A field for the BIC is often optional in that case.

The BIC still come into play when the currency is not euros. If a payment form asks for the BIC regardless, entering MOTPFR21 is fine.

Instant payments in euros have become increasingly available across SEPA – whether Montupet S.A. offers them for your account is worth checking. Provided no currency is converted, the transfer is cheap.

Is MOTPFR21 still correct? How to check

The most reliable source for a SWIFT code is the bank details provided by the recipient – an invoice, a statement or a screenshot from online banking. Check that code with MOTPFR21 on this page.

A wrong SWIFT code can cause delays, a returned payment or additional charges. An error in the IBAN or account number is 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 exists – not that it belongs to the person you mean to pay. Some banks now compare the payee name against the account before you confirm. A small test payment can be a sensible step for large sums.