Procapital SA SWIFT/BIC code

Procapital SA SWIFT code: PROCFRPP

The short code PROCFRPP and the full code PROCFRPPXXX identify one and the same institution: Procapital SA in Paris, France. A SWIFT code tells the banks handling a payment which institution should receive the money, much like a postcode for banks. You will need it mainly when dealing with transfers between countries and payments in foreign currencies.

Below you will find the practical questions: money coming in from abroad, sending money abroad and how to check a SWIFT code before you confirm a payment. The SWIFT code alone cannot identify a personal account; for that you need the IBAN or account number .

Before you send: check the Procapital SA code

Ask the recipient to send you the bank details straight from their banking app. Check that code with PROCFRPP on this page; if they differ, ask before you pay.

If the code is wrong, the transfer may get stuck, bounce back or end up costing more – sometimes after weeks of searching. Do not forget the IBAN: an error there can be harder to undo than a wrong code.

An automatic check in your banking app only tells you that the IBAN is valid. More and more banks check the payee name against the account before you confirm – do not ignore a mismatch warning. When you pay someone new, some people send a small amount first and wait for confirmation.

Paying someone abroad from your Procapital SA account

A bank transfer abroad can cost more than the listed fee. Besides a fixed fee, banks in between may take a cut, and if the money changes currency the bank often applies a rate below the real market rate.

Banks rarely show their exchange rate markup separately, but you pay it all the same. A simple test: set the bank’s rate against the mid-market rate for the same moment and look at the difference.

Specialised transfer providers often use a rate near the mid-market rate with clearer fees. GoldexPay lists these services side by side so you can see the amount the recipient gets. Using a transfer service does not mean closing your account at Procapital SA: you simply pay the service from your account.

Sending EUR to Procapital SA

The local currency in France is the Euro (EUR). A payment in a foreign currency is converted into EUR on its way to Procapital SA – and the bank that does it picks the rate. Every conversion eats into the amount.

Who converts the money matters, because each party uses its own rate. Compare how much EUR arrives via different services before choosing one.

Rates for EUR move during the day – some services let you fix a rate in advance. For recurring payments, a slightly better rate add up over time.

Receiving money from abroad at Procapital SA

A sender in another country needs several details from you. Give them your name as the bank knows it, your account number or IBAN, the BIC PROCFRPPXXX and your address.

The sender’s bank might also ask for the bank address of Procapital SA. Check every detail before you send them.

Do not be surprised if the amount credited is smaller than what the sender paid. Correspondent banks can take a fee, Procapital SA may charge for incoming payments, and if the money is converted, an exchange rate margin applies. Make clear with the sender who pays which costs before the money is sent.

SEPA payments and the Procapital SA BIC

Because France is part of the SEPA zone, a euro transfer into Procapital SA from another SEPA country normally requires just an IBAN. Most banking apps no longer ask for the BIC for these payments or fill it in for you.

You still need PROCFRPPXXX for non-euro payments or transfers from countries outside SEPA. If a payment form asks for the BIC regardless, adding PROCFRPP does no harm.

SEPA transfers usually arrive by the next business day; instant payments are faster if both banks offer them. Charges on SEPA transfers tend to be low as long as everything stays in euros.

What the XXX in PROCFRPPXXX means

The structure of a BIC never changes: a bank code of four letters, a two-letter country code and two for the location, plus an optional branch code. Together, these eight characters make up PROCFRPP, the code most people search for.

XXX at the end of PROCFRPPXXX does not stand for a placeholder or an error: it indicates the main office of Procapital SA. Some banking apps ask for 11 characters, and then you simply add XXX behind PROCFRPP.

In practice the code is written in capitals and without spaces. A wrong character may route the money to a different institution.

Transfer times and tracking a payment to Procapital SA

How quickly a transfer arrives at Procapital SA depends on several factors: which currency you send, how many intermediary banks are involved, daily processing deadlines and differences in time zone. Transfers sent after the cut-off time or just before weekends and holidays usually start the next business day. Extra checks on larger or unusual payments may also add a delay, regardless of the details.

If the money seems late, ask your bank for the status; with that reference banks can see where the payment is. Keep your transfer receipt until the recipient confirms.

If a payment has not arrived within the expected time, the sender needs to start with the bank that sent it rather than Procapital SA. Ask the sender for a copy of the payment confirmation with the date and reference – it helps your own bank look for the money.

How up to date is this code?

The codes here are taken from publicly available data. Still, banks merge or retire codes and our data may lag behind. The figures we show are based on what is in our directory.

See the information here as a helpful check, and let the details from the recipient or Procapital SA have the final say. We are an independent comparison service and not affiliated with Procapital SA. If you notice a mistake, we appreciate a message.

Procapital SA: head office code versus branch codes

Procapital SA has 8 separate SWIFT/BIC codes. Only one is the head office code; the others belong to branches.

Unless the recipient tells you otherwise, go with PROCFRPPXXX or its short form PROCFRPP. Just use a branch code when the recipient gives you that exact code, for example on a letter or invoice.

Unsure which code to use? Check with the recipient or the bank itself. Branch codes are more prone to be retired than the head office code when a bank merges or closes offices.

Scams that use SWIFT codes

Scammers regularly send fake invoices containing changed bank details. That PROCFRPP is a real code does not mean that the account is genuine.

Do not trust contact details from the same email that contains the new account. Watch out for urgent requests, odd spelling or an email address that differs by one letter. Acted too fast? Contact your bank straight away and have them start a recall and report the fraud.

Scams also work the other way. Someone sends too much and wants you to return the difference to a new account. A payment confirmation from the sender is no proof.