Crédit Agricole CIB

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Crédit Agricole CIB offers a full range of products and services in capital markets, brokerage, investment banking, structured finance, commercial banking and international private banking.

» CORRESPONDENT BANKING

Correspondent banking, the entry point into the Group's payments services

For bank customers, Correspondent Banking is the entry point into the payment services of the Crédit Agricole group. It aims at carrying out their commercial and financial payments under optimal conditions.

Crédit Agricole offers clients a Euro clearing account enabling them to consolidate all of their Euro payments to/from counterparties worldwide through a single account. These accounts, held with Crédit Agricole S.A., benefit from a dedicated payment platform for the whole Group.

A privileged entry point for commercial payments in Euro

The Correspondent Banking department is the entry point for banks willing to process their international payments through Crédit Agricole group’s payment services offer.

 
Reach any bank in France and in the Euro zone thanks to:
  • the density of Crédit Agricole network in France: direct access to 28% of the French retail & business market,
  • direct access to the European systems : ABE & Target,
  • optimal processing and routing through the most efficient channel for high and low value payments.

Reach any bank worldwide via:
  • Crédit Agricole extended international network and its numerous correspondent banks,
  • a centralised and dedicated platform shared by the Crédit Agricole group banks.
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Financial clearing;

  • global solutions for treasury payments in Euro,
  • selection of the fastest, most secure and cost effective route to reach beneficiaries according to clients’ settlement instructions.
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A single account within the Euro zone

Crédit Agricole S.A. has developed a Euro clearing account enabling clients to centralise their:
  • commercial payments worldwide,
  • treasury payments,
  • collections of cheques (cash letter),
  • drafts.
Wherever the beneficiary is located, all payment instructions are sent to a single SWIFT address: AGRIFRPP.
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Reporting tools to optimise cash management:

  • web reporting solution to access the Crédit Agricole account in real time,
  • information sent by SWIFT messages to optimise intraday liquidity management.
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The strengths of Crédit Agricole Correspondent banking services:

  • optimal processing and routing via the most appropriate system for high and low value payments,
  • direct routing payments thanks to the Crédit Agricole group presence in 60 countries,
  • high volume processed providing economies of scale through critical mass,
  • a dedicated Correspondent banking team.
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