Crédit Commercial du Sud-Ouest

Address  33700, France, MERIGNAC, 17 allee james watt Parc Chemin Long

Bank Identifiers 
    BIC (SWIFT)  CCBPFRPP555
    MFI ID  FR10638
Deposit Guarantee  Yes (up to 100 000 EUR per depositor)

Crédit Commercial du Sud-Ouest is located at France, MERIGNAC. It is one of 590 credit institutions operating in France.

Bank Identifiers

Any bank can be identified for different purposes and hence can have several different identifiers.

BIC

BIC (Business Identifier Code) is a the mostly used international identifier of financial institutions. SWIFT is the registration authority for BICs. BICs are used in financial transactions, client and counterparty data bases, compliance documents and many others.

BIC  CCBPFRPP555
Bank BIC Code  CCBP
Country Code  FR (France)
Location Code  PP
Branch Code  555

A BIC consists of eight or eleven characters, comprising a financial institution code (four characters), a country code (two characters), a location code (two characters) and, optionally, a branch code (three characters).

MFI ID

MFI ID (Monetary Financial Institution Identifier) is a code, unique to each institution in the MFI list provided by ECB (European Central Bank). MFI ID is hence applicable to MFIs resident in the European Union.

MFI ID  FR10638

The code is alphanumerical, with the first two digits representing the two-digit ISO code for the country of residence of the MFI and the remaining number of digits (no limit has been specified) is any combination of alphanumerical characters.

Deposit Guarantee

Deposit Guarantee Schemes compensate certain deposits held by depositors of a bank that becomes unable to meet its obligations.

All credit institutions operating in France are obliged to participate in French deposit guarantee scheme.

In the case of Crédit Commercial du Sud-Ouest failure, eligible depositors having covered accounts in this bank will be paid out the following compensation:

Eligible Depositors  natural persons, legal entities
Covered Accounts  all deposit accounts (current accounts, demand accounts, passbook accounts, term accounts, home savings accounts, home savings schemes, etc.)
Maximum Protected Amount  100 000 EUR
Paid In Currency  EUR

Further Information: Deposit Guarantee Scheme in France

ECB Minimum Reserves Requirements (MRR)

Minimum reserves is the minimum amount of reserves a credit institution is required to hold with a central bank.

Subject to MRR by ECB  Yes
Exempt from MRR by ECB  No

Related Information on France

Economy and Banking Sector of France

List of Banks in France