Clarify bank terms?

[Aidie]

My French is rustier than I thought. Can anyone clarify the meaning of the following terms in a document just received from my CA newly opened account?

Code Etablissement

Code Guichet

Releve d'identite Bancaire

Thanks.

[Mikep]

Nothing too complicated!

Code Etablissement = Bank sort code (eg 18106)

Guichet = Branch code (5 digits)

Releve d'Identite Bancaire = a slip showing the above details plus your account number and International codes (IBAN). Usually there are two or three in your chequebook for passing on to people who need your details to set up direct debits (prelevements) - for example, Tresor Public for your tax bills.

There is also a two-digit "Clé RIB" tacked on after the end of your account number - don't know why.

[andyh4]

[quote user="Mikep"]There is also a two-digit "Clé RIB" tacked on after the end of your account number - don't know why.
[/quote]

 

These are check digits.  there is a complicated formular for adding up all of the digits in your IBAN and the Clé is then the answer.  It is used to do an instant check on typo errors in a bank code.

I have no idea what the banks use but a similar system used in transporation takes each digit away from 13.  If the answer is less than 10 then the number stands, if more than ten then the two digits are added together.  Once all of these digits are collected they are added together which gives a two digit number and these two digits form the check code.

[CeeJay]

Aidie

If you go to the CA Website and click on "Become a client" in English on left hand side and then click on "Glossary" you will find a complete list of French bank terms in English.

[tenniswitch]

[quote user="Ceejay"]Aidie
If you go to the CA Website and click on "Become a client" in English on left hand side and then click on "Glossary" you will find a complete list of French bank terms in English.
[/quote]

Could you give a link?

Thanks.

[Jay]

[quote user="tenniswitch"]

[quote user="Ceejay"]Aidie

If you go to the CA Website and click on "Become a client" in English on left hand side and then click on "Glossary" you will find a complete list of French bank terms in English.

[/quote]

Could you give a link?

Thanks.

[/quote]

http://www.ca-charente-perigord.fr/english-glossary.html

[Patf]

That's useful Jay;

I've found a similar list on the CA Gascogne website which I'd never noticed before.

We're a bit spoilt at our branch because we have bank clerk who can speak perfect english.