BRED BANQUE POPULAIRE

BRED (formerly acronym for Banque régionale d'escompte et de dépôts / Regional Discount and Deposit Bank) is one of the cooperative banks part of Groupe Banque Populaire in France. It was founded in 1919 by Louis-Alexandre Dagot in Vincennes. As of 2018, the Bank has a network of 400 local branches in France. 30% of its 6,600 employees are located outside France and in French overseas collectivities. It has 5.8 billion euros of shareholders equity.[4]

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BRED BANQUE POPULAIRE SWIFT Code

ID
Country
City
Bank or Institution
SWIFT Code
1
France
PARIS
/
BREDFRPP
2
France
PARIS
/
BREDFRPP637
3
France
PARIS
/
BREDFRPP638
4
France
PARIS
/
BREDFRPPAXL
5
France
PARIS
/
BREDFRPPBON
6
France
PARIS
/
BREDFRPPESP
7
France
PARIS
/
BREDFRPPFDF
8
France
PARIS
/
BREDFRPPKAS
9
France
PARIS
/
BREDFRPPKPR
10
France
PARIS
/
BREDFRPPKUS
  • Total: 14
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About BRED BANQUE POPULAIRE

  • Company type
    Cooperative company
  • Industry
    Banking, Insurance
  • Founded
    October 7th,1919 ; 105 years ago ( October 7th,1919 )
  • Headquarters
    18, quai de la Rapée 75012 Paris , France
  • Revenue
    1.456 million euros (2021) [ 1 ]
  • Number of employees
    6,300 (2021) [ 3 ]
  • Website
    bred .fr

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Frequently Asked Questions

1. Why does BRED BANQUE POPULAIRE have different SWIFT Codes?

BRED BANQUE POPULAIRE operates differently across various countries, regions, and branches, with variations in business operations and clearing paths. To accurately identify and process BRED BANQUE POPULAIRE's cross-border payments and other transactions, different SWIFT Codes are used for distinction. Many large multinational banks have unique SWIFT Codes to their headquarters, regional branches, and overseas subsidiaries to ensure precise and secure fund transactions.

2. How do I know which SWIFT Code of BRED BANQUE POPULAIRE to use in a transfer?

It depends on the specific business scenario. For cross-border remittance to a branch of BRED BANQUE POPULAIRE, you can log on to the official website of BRED BANQUE POPULAIRE, or search the current page of XTransfer, or call BRED BANQUE POPULAIRE to inquire about the SWIFT Code of the branch. For international business, you should first coordinate with the relevant branch in the target country and confirm the correct SWIFT Code based on the exact information provided by your business partner.

3. Is there any pattern in the composition of different SWIFT Codes for a multinational bank like BRED BANQUE POPULAIRE?

Usually, SWIFT Code consists of 8 or 11 characters. For BRED BANQUE POPULAIRE, the first 4 digits represent the bank code, which is the same for BRED BANQUE POPULAIRE worldwide; the 5th and 6th digits are the country code; and the 7th and 8th digits are the region code, which will be different for branches in various regions. If the code includes 11 digits, the last 3 digits represent the branch code, which is used to distinguish different branches within the same region.

4. Will the SWIFT Code for BRED BANQUE POPULAIRE be updated or changed?

Yes. When BRED BANQUE POPULAIRE undergoes an organizational restructuring, such as a branch relocation, merger or split, or when there is a significant change in the financial system of the region where BRED BANQUE POPULAIRE is located, its SWIFT Code may be updated and changed. BRED BANQUE POPULAIRE will announce the changes in advance through its official website, mobile banking APP and other channels. Therefore, when handling cross-border business, customers should pay attention to the announcement of BRED BANQUE POPULAIRE in time to confirm the latest SWIFT Code information, so as to avoid affecting the business.

5. Do different SWIFT Codes of BRED BANQUE POPULAIRE support the same scope of business?

The scope of business is different. While the same bank can operate with different SWIFT Codes for the same basic types of business, there are differences for some specialized businesses or for businesses in specific regions. For example, the SWIFT Code of some branches may be specialized to support trade finance business, while the SWIFT Code of other branches is more convenient for cross-border e-commerce collection. In addition, for some emerging markets or country-specific business, only the SWIFT Code of a particular branch may have the authority to process it. When conducting international business, it is important to check whether the SWIFT Code of BRED BANQUE POPULAIRE supports the corresponding business.