Saturday, 26 November 2016

Saturday, 26 November 2016

A bit of banking help …

RIB stands for relevé d’identité bancaire, which means ‘statement of banking identity’, or put more simply your bank account details.

It is a pre-printed form combining your bank account number, sort codes for both national and international transactions.

The codes printed on the RIB are used whenever you need to set up regular payments either from or to your bank account. It is really good idea to have a few to hand, which your bank can supply free of charge, or you can print off on-line. Cheque books will include several RIBs that you can easily tear out and use.



RIB example courtesy of the Societé Générale website



A French cheque book is known as a chéquier or a carnet de chèques, and a cheque is called a chèque. French cheques are not formatted in the same manner as those in the UK, so you may need some help about how to complete one…..
Cheque example courtesy of the Credit Agricole website


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