SWIFT Code CRDDFRP1 — CREDIAL, PARIS

About SWIFT Code CRDDFRP1 — CREDIAL, PARIS

SWIFT code CRDDFRP1 is the official 8-character head-office BIC (Bank Identifier Code) for CREDIAL 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 CREDIAL 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 CRDDFRP1

The code CRDDFRP1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code CRDDFRP1

Receiving International Wire Transfers

To receive money from abroad at your CREDIAL account in PARIS, share SWIFT code CRDDFRP1 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 CREDIAL, PARIS must provide SWIFT code CRDDFRP1. 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 CREDIAL in PARIS rely on SWIFT code CRDDFRP1 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 CREDIAL →

For cheque clearing or NACH mandates, use the MICR code for CREDIAL →

For TDS challan deposits, find the BSR code for CREDIAL →

How SWIFT Code CRDDFRP1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code CRDDFRP1 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 CREDIAL.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: CREDIAL receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code CRDDFRP1

• Spaces or lowercase letters — Always enter CRDDFRP1 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 CRDDFRP1 directly with CREDIAL's PARIS branch or via the SWIFT BIC Directory.