BIC Banque Populaire Alsace Lorraine Champagne, Metz Cedex 1 ...

The BIC of Banque populaire Alsace Lorraine Champagne, Metz Cedex 1 (France) (SWIFT code)

The BIC of Banque populaire Alsace Lorraine Champagne in Metz Cedex 1 is CCBPFRPPMTZ. Its headquarters are Banque populaire Alsace Lorraine Champagne in Metz Cedex 1. In turn, Metz Cedex 1 is in France.

What are the components of an IBAN?

The abbreviation BIC stands for 'Business Identifier Code' (formerly 'Bank Identifier Code'). This is an internationally standardised code for the identification of branch offices in payment transactions. It is used by credit institutions, brokers and similar companies worldwide, and it uniquely identifies each partner who directly or indirectly participates in payment transactions. In payment transactions, the BIC/SWIFT BIC is used in combination with an IBAN (= International Bank Account Number), whereby the BIC identifies the bank and the IBAN identifies the relevant account held there.

What is a BIC?

In turn, an IBAN consists of the following components:

1. The two character country code.
2. The two digit check digit. This is between 02 and 98. Using this check digit, a single incorrect character is always recognised, individual transposed digits are almost always recognised and even with several errors, the recognition rate is still high.
3. A character string which identifies the actual account. In most countries, this is purely numerical. This is also known as BBAN (= Basic Bank Account Number). In most countries, this is the bank code and the account number.

For the fictitious account number 2448419961 and bank code 49322851, this results in an IBAN similar to this one: FR99 4932 2851 2448 4199 61. To improve the readability of the IBAN, it is usually divided into blocks of four characters each. The IBAN can be up to 34 characters long, but it is shorter in most countries.

How can an IBAN and the corresponding BIC be checked?

A BIC is either 8 or 11 characters long and does not contain its own check digit. In contrast to the IBAN, a BIC, apart from its length, can only be checked by reviewing whether it is included in the BIC directory regularly updated by SWIFT. In the case of the IBAN, on the other hand, it is possible to use a mathematical procedure to check whether this is formally correct, by using the check digit contained in it. Only formally correct IBANs may exist. The question of whether a specific IBAN actually exists, however, can only be answered by the associated bank. Forged or no longer existing IBANs cannot be recognised by the check digit.

The BIC also contains a country code. In contrast to the IBAN, this is not at the start of the BIC, but is instead at positions 5 and 6. For example, for the BIC CCBPFRPPMTZ, this is FR. In a few cases, the country code from the IBAN may differ from the country code of the associated BIC because different standards are used.