SWIFT Code CLAAFRP1 — CLAAS FINANCIAL SERVICES SAS, PARIS

About SWIFT Code CLAAFRP1 — CLAAS FINANCIAL SERVICES SAS, PARIS

SWIFT code CLAAFRP1 is the official 8-character head-office BIC (Bank Identifier Code) for CLAAS FINANCIAL SERVICES SAS in PARIS, France. Standardised under ISO 9362 and maintained by the Society for Worldwide Interbank Financial Telecommunication (SWIFT), this code is used exclusively for cross-border wire transfers and is recognised by financial institutions in over 200 countries.

This code must be provided to the sender when receiving money from abroad, and is required by CLAAS FINANCIAL SERVICES SAS for all outward international remittances from PARIS. Without the correct SWIFT code, international transfers to or from this branch cannot be processed.

How to Read SWIFT Code CLAAFRP1

The code CLAAFRP1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code CLAAFRP1

Receiving International Wire Transfers

To receive money from abroad at your CLAAS FINANCIAL SERVICES SAS account in PARIS, share SWIFT code CLAAFRP1 with the sender along with your full account number, your name as on the account, and the branch address.

NRI Remittances

Non-Resident Indians sending money to NRO/NRE accounts at CLAAS FINANCIAL SERVICES SAS, PARIS must provide SWIFT code CLAAFRP1. Major remittance platforms — including Wise, Remitly, Western Union, and MoneyGram — use this code to route transfers accurately.

Trade Finance and Foreign Payments

Importers and exporters using CLAAS FINANCIAL SERVICES SAS in PARIS rely on SWIFT code CLAAFRP1 for letters of credit, bank guarantees, and foreign currency settlements.

SWIFT Code vs IFSC vs MICR vs BSR — Key Differences

Need the IFSC code for domestic NEFT, RTGS, or UPI transfers? View the IFSC code for CLAAS FINANCIAL SERVICES SAS →

For cheque clearing or NACH mandates, use the MICR code for CLAAS FINANCIAL SERVICES SAS →

For TDS challan deposits, find the BSR code for CLAAS FINANCIAL SERVICES SAS →

How SWIFT Code CLAAFRP1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code CLAAFRP1 and account number to their bank.
2. Validation: The sending bank validates the BIC against the SWIFT registry.
3. Routing: An MT103 SWIFT message is transmitted through the network to CLAAS FINANCIAL SERVICES SAS.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: CLAAS FINANCIAL SERVICES SAS receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CLAAFRP1

• Spaces or lowercase letters — Always enter CLAAFRP1 uppercase with no spaces.
• Using the wrong city — This code is for PARIS only.
• Truncating to 8 characters — When 11 characters are required, always use the full code.
• Using SWIFT for domestic transfers — Use the IFSC code for any transfer within France.

Data Accuracy

BankZop sources SWIFT/BIC data from publicly available banking registries and official disclosures, updated regularly. For the highest-stakes transactions, always confirm CLAAFRP1 directly with CLAAS FINANCIAL SERVICES SAS's PARIS branch or via the SWIFT BIC Directory.