You have certainly heard about the RIB. This is what allows the identification of your bank account. It is therefore a very useful document, but it is not always easy to read. Here are all our explanations on this valuable document and all the codes it contains, as well as all the solutions to know how to have a RIB .
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What is a RIB?
The RIB means “bank identity statement.” It is in a few ways the identity card of your bank account. All information useful to take full advantage of the possibilities offered by your bank account will be recorded in this document. Concretely, the information contained in your RIB are:
- Your identity : On the RIB you will see your first and last name, or the name of the account holder in question.
- National identification of your bank account : this code allows you to identify your account at the national level. It includes a code to identify your banking institution, followed by a code to identify the branch of the bank to which you are attached. Then it’s your account number that is registered, it is unique. This code then ends with a 2-digit code called “RIB key “.
- Your IBAN code : This is a code that meets an international standard. Your IBAN allows you to make money transfers throughout the SEPA zone using this simple code. This code is very similar to your national code, the only difference being the country code located at the beginning of the code: if your account is domiciled in France, then it will generally be FR76.
- Your BIC code (“Business Identifyer Code “): This code allows you to identify your bank and the counter to which you are attached. Generally, you will only be asked for this code if you wish to make an out-of-SEPA transfer. It is sometimes also called the SWIFT code (“Society for Worldwide Interbank Financial Telecommunication “).
- The name of your bank and the branch to which your account is attached : which identifies the bank in which you hold your bank account and the address of the counter in which your account is domiciled.
Your RIB therefore contains all the elements to identify your bank account. Know that if all of these codes are personal and unique, but they are not confidential. You are not likely to disclose this information to a third party.
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What is a RIB for?
Your Bank Identity Statement is an extremely important document. Indeed, every money transfer you will need your RIB! To receive payments to your account, you will need to provide your RIB. To receive your salary, for example, or to receive a social benefit or a payment from a loved one, it is imperative that you provide your RIB in order to make the transfer .
But beyond the transfers you can receive to your account, the RIB is also fundamental to setting up direct debits, whether they are punctual or permanent. Indeed, when you want to pay your bills by transfer, you must provide the organization in question with a RIB that will allow it to deduct the amounts you owe it from your account .
There are no concerns to have however, providing a RIB to a third party does not allow them to withdraw money from your account. In order to set up a levy, it will be necessary to sign a removal authorization. For this reason, there is no risk in providing your BIR to an individual or organization. It will never be possible to deduct money from your account without your authorization.
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How to have a RIB?
Your RIB is you automatically assigned as soon as your current account is opened . Thus, as soon as you open your cheque account, your bank will necessarily provide you with a bank identity statement, including all the necessary codes for setting up transfers and debit.
It should be noted that the allocation of a RIB is automatic for any current account opening, and that its allocation is free of charge , and this is done in all banks. Now remains to know where to find this useful document.
Where can I find my bank ID statement?
To find your RIB, you have several options.
First, if you have a cheque book, you should find a RIB there. Towards the end of your cheque book, you should find two documents Detachable marked “Bank Identity Statement “. Simply detach them or write down the codes you are interested in. Your cheque book usually contains only 2 RIBs. So it’s little compared to the use you can have .
You also have the option to find your RIB in the customer area of your online account. Log in to your personal space with your login credentials. Then find the section that records all your e-documents . You should find your RIB there. Then you just need to download or print it.
Then, in some banks, you have the option to print a RIB through an ATM . This does not apply to all banks. If you have the option, insert your credit card and type your passcode. Then you just need to find the section to print your bank identity statement.
You also have the option to go directly to the counter of your bank. This allows you to ask an advisor to provide you with a RIB from your own bank account. This service is free, but is not the most convenient because you have to move around your agency.
If you can’t find your RIB, the best way to find it is to get in touch with your bank . Your bank advisor will be able to refer you in your research and tell you where to find your RIB, where to send it directly to you.
In short, your RIB is the most important document associated with your account banking. It allows you to set up all the transactions you will need to use your bank account. Indeed, without this valuable document you will not be able to set up a transfer or debit. Fortunately, it’s easy to know how to have a RIB . There are various places where you can find your bank identity statement. Whether it’s on your online customer area, in your cheque book or directly at your bank counter, you should have no trouble locating your RIB. You will be able to set up transfers and debit payments.
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