When conducting international money transfers, knowing the correct SWIFT/BIC codes for major banks becomes crucial. Accurate entry of these codes ensures your funds reach their destination quickly and securely. For those planning cross-border transactions through Société Générale, proper use of the SWIFT/BIC code is essential for successful transfers.
Société Générale's SWIFT/BIC Code Explained
The SWIFT/BIC code for Société Générale is SOGEFRPPADI . This alphanumeric sequence plays a vital role in every international transaction. Far from being just a random combination of letters and numbers, this code serves as a critical safeguard for accurate fund transfers.
SWIFT/BIC codes typically consist of 8 to 11 characters, with the first eight identifying the bank and its location. In the case of SOGEFRPPADI:
- SOGE represents the bank name (Société Générale)
- FR indicates the country (France)
- PP specifies the location (Paris)
- ADI identifies the specific branch
Key Details for International Transfers
Société Générale's headquarters are located at: Société Générale, Paris, Paris, France. When sending funds to this institution, you'll need to specify:
- The exact transfer amount
- The currency being sent
- The recipient's account details
For example, a transfer of $10,000 USD would typically convert to approximately €8,446 based on current exchange rates. Such currency conversions are standard in international banking transactions.
Processing Times and Methods
For customers using automated transfer services (autogiro), transactions typically complete within three business days. The bank's digital platform allows users to register and submit transfer information directly, eliminating the need for in-person branch visits.
Verification for Secure Transfers
Before initiating any international transfer, financial experts recommend double-checking all recipient information, including:
- Exact bank name
- Correct SWIFT/BIC code
- Specific branch details (when applicable)
This verification process helps minimize the risk of misdirected funds and protects your financial assets.
In today's global financial landscape, international wire transfers have become an essential service. Mastery of SWIFT/BIC codes provides a reliable pathway for seamless cross-border transactions. By correctly using Société Générale's SOGEFRPPADI code, customers can conduct international business with confidence, ensuring smooth movement of funds across borders.