Question 1

What is the SWIFT code for HSBC FACTORING FRANCE?

Accepted Answer

The SWIFT/BIC code for HSBC FACTORING FRANCE is ELFAFRP1. This 8-character code identifies the bank in international wire transfers and is registered with SWIFT (Society for Worldwide Interbank Financial Telecommunication).

Question 2

How do I send an international wire transfer to HSBC FACTORING FRANCE?

Accepted Answer

To send money internationally to HSBC FACTORING FRANCE, provide your bank with the SWIFT/BIC code ELFAFRP1 (PARIS, France) along with the recipient's full IBAN. Your bank will route the transfer via the SWIFT network.

Question 3

Is HSBC FACTORING FRANCE a SEPA member?

Accepted Answer

Yes, HSBC FACTORING FRANCE is a SEPA (Single Euro Payments Area) member. Euro transfers within the SEPA zone can be processed as fast, low-cost SEPA Credit Transfers using the recipient's IBAN, with no SWIFT fees required for intra-SEPA payments.

Question 4

What does the BIC code ELFAFRP1 mean?

Accepted Answer

In the BIC code ELFAFRP1: "ELFA" is the institution code identifying HSBC FACTORING FRANCE, "FR" is the ISO 3166-1 country code for France, and "P1" is the location code indicating the bank's city or timezone zone.

Question 5

Who owns HSBC FACTORING FRANCE?

Accepted Answer

HSBC FACTORING FRANCE is owned by HSBC Holdings plc, a banking group based in the UK. HSBC FACTORING FRANCE is registered in France as a local entity, while its ultimate ownership sits with the parent group in the UK.

ELFAFRP1

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