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Some Knowledge On Having a Bank Account in France

If you have a bank account in France, it mayvirement
be  advisable  to  note  the  following:
Detailed particulars of your account and bank
Never issue a cheque without sufficient=  releve  d'identite  bancaire  (  RIB  )
provision in the bank to meet it. If the
cheque is not met, the matter will beDirect  debit  =  prelevement  automatique
reported and the Banque de France can impose
a ban called Interdit Bancaire. This meansIf you are repaying a mortgage in France,
that for 5 years you would not be allowed tomake sure that you keep up the paymentsin
issue cheques. Also, do not write open datetime. This applies also to any other loans
or post dated cheques. Note that when payingyou might have, because to get black listed
by card in France, you are using the ( CBdoes  not  take  too  long.
)Carte  Bleu  payment.
Mostly, foreigners who open a bank account in
The  savings  account  =  compte  d' epargne.France are those who wish to buy a property
there. It is imperative to have an account
The long term savings account = compte d'because there are so many things to be paid
epargne  logement.when one owns a house. Water, gas,
electricity, not to mention other payments
The  tax  exempt  savings  account  =  codevibefore  one  even  moves  in.
The  current  account  =  compte  couranteFor instance, you must pay the French notary
who deals with the matter of exchange of
An  overdraft  =  decouvertcontracts as well as all the searches
regarding the property. One must bear in mind
The  clearance  of  a  cheque  =  encaissmentthat he does not work for the buyer or the
seller, but works for the State. Never be
The ATM machine = distributeur or guishetlate  in  paying  him.
automatique
Still talking about money, it might be worth
The  balance  =  soldeyour while to give serious time to understand
the French inheritance law. There is a big
The  statement  of account = releve de comptedifference regarding this subject compared to
other areas of the world, and before doing
The permission to debit your account theanything else, make sure you really study the
provider is asking = titre inter bancaire desituation.
payment  (  TIP  )
Here is a list of some of the big banks in
Interest  rate  =  tauxFrance: Le Credit Agricole, Banque,
Populaire, BNP Paribas, Caisse d' Epargue,
Account  holder  =  titulaireCredit Mutuel, Societe Generale ,HSBC,
Barclays.
Transfer of funds to some other account =



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