SWIFT Code SAALFRP1 — SANPAOLO BAIL, PARIS

About SWIFT Code SAALFRP1 — SANPAOLO BAIL, PARIS

SWIFT code SAALFRP1 is the official 8-character head-office BIC (Bank Identifier Code) for SANPAOLO BAIL 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 SANPAOLO BAIL 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 SAALFRP1

The code SAALFRP1 follows the ISO 9362 standard and breaks down as follows:

When to Use SWIFT Code SAALFRP1

Receiving International Wire Transfers

To receive money from abroad at your SANPAOLO BAIL account in PARIS, share SWIFT code SAALFRP1 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 SANPAOLO BAIL, PARIS must provide SWIFT code SAALFRP1. 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 SANPAOLO BAIL in PARIS rely on SWIFT code SAALFRP1 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 SANPAOLO BAIL →

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

For TDS challan deposits, find the BSR code for SANPAOLO BAIL →

How SWIFT Code SAALFRP1 Routes an International Transfer

1. Initiation: The sender provides SWIFT code SAALFRP1 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 SANPAOLO BAIL.
4. Correspondent bank (if needed): An intermediary bank may relay the transfer, adding 1–2 business days.
5. Credit: SANPAOLO BAIL receives the SWIFT message and credits the account. Total time: 1–5 business days.

Common Mistakes When Using SWIFT Code SAALFRP1

• Spaces or lowercase letters — Always enter SAALFRP1 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 SAALFRP1 directly with SANPAOLO BAIL's PARIS branch or via the SWIFT BIC Directory.