Your French Bank Statement Explained

Written by on March 27, 2013 in Banks and Banking

 French Bank Statements

Your French bank statement pops into your post box, you open it and find a raft of words, expressions and abbreviations that you’ve never come across before.

Here is a list of common French bank words and French bank statement abbreviations that you are likely to find in your French bank statement or when dealing with banks in France:

Actions = Shares

Agios = Interest paid on loan or overdraft

Annuité  = Annually payment

Annulation: ANN -= Cancellation

Approvisionner  = Credit your account

Argent liquide = Cash

Avis d’opération = receipt slip

Bénéficiaire= Beneficiary

Carnet de chèques/Chéquier = Cheque book (Check book)

Caution = Guarantee

Chèque = Cheque

Chèque de banque = Bankers draft or cashiers check

Chèque sans provision = A ‘bounced’ cheque (you didn’t have sufficient money in the account to clear the cheque – action is needed – see here)

Code personnel/confidentiel = PIN number

Commission de Compte débiteur = Overdrawn account

Compte destinataire = Account receiving money

Compte joint = Joint account

Crédit = Credit

Crédit hypothécaire = Mortgage

DAB (Distributeur Automatique de Billets) = Cash Dispenser – ATM Machine

Date d’expiration = Expiry date

Date d’opération = Date transaction recorded

Date de Valeur =Date when amount debited or credited

Débit = Debit

Débit différé = Deferred credit on a card

Débit Immédiat = Credit card is immediately debited

Découvert = Overdraft

Déposer (de l’argent) = Credit an account

Dépôt = Deposit

Dépôt a vue: DAV = Current account

Devise = (Foreign) Currency

Echéancier = Details of bill or loan

Espèces = Cash

Frais = charge

Impôt =Tax

MISE = Set up Fee for Direct Debit

Monnaie = Currency

Opposition = Cancellation of payment

Placement = Investment

Prêt = Loan

Prélèvement automatique: PREL, PRLVT = Direct debit

Règlement: REG = Settlement

Relevé de compte : Bank statement

Rapatriement : Commission on receipt of an international currency

Relevé d’Identité Bancaire (RIB) = Bank identity details

Remboursement: REMBST, REMB = Redemption, repayment

Retraite: RET, RETR = Withdrawal of funds

Solde = Balance

Tableau d’amortissement = Monthly repayment schedule

Taux = Rate of interest

Taux de change = Exchange rate

Tax sur la Valeur Ajouté: TVA = VAT

TEG = Annual Percentage Rate (APR)

Titulaire = Account holder

Valable =Valid

Versement: VER, VERST, VRST = Cash Deposit

Virement: VIR, VIRT = Transfer

Related Articles

How bank cards work in France

Did you know that French banks may restrict the amount of money you can spend on your card. It’s something that regularly catches people out when they’re new to France. We asked the experts at Credit Agricole Britline, the French bank that speaks English, how to avoid this problem and all about French cards… How […]

Continue Reading

Euro Savings Accounts – What is available in France?

All about Euro savings accounts: what’s available for both residents and non-residents in France… Let’s start with the basic euro savings account information. If you have a current euro account with a French bank which you use to make all your euro payments, then you can open a euro savings account. It’s a simple application […]

Continue Reading

The Basics of Banking in France

There may not be huge differences when it comes to banking in France and the UK or other countries, however there maybe  some. Sian Lee-Duclos of CA Britline explains. Before looking at the general differences, let’s break the myth that many people have that unless you have a French address (main residence or holiday home) […]

Continue Reading

Banking In France | Accounts Explained

When it comes to banking in France, as an expat, things might be a little different from what you’re used to back home. We ask the experts to explain some of the most common terms and facts about French bank accounts. French Savings Accounts An instant access savings account is called a “Compte sur Livret”. […]

Continue Reading

Banking in France | Share Dealing

In France, you can hold a share dealing account at your bank, with a stockbroker, or on the internet. The normal safe custody account is called a “Compte Titres”. A share is an “action” and a Government or Corporate Bond is an “obligation”. Most people deal in shares through a specific form of investment called […]

Continue Reading

Subscribe

If you enjoyed this article, subscribe now to receive more just like it.

Subscribe via RSS Feed

Comments are closed.

Top